Strategic Planning Basics

get link The key to understanding a Strategic Plan is that one size does not fit all. You can’t buy it off the shelf, and there is not a template that meets all companies. Here are some fundamentals to consider when starting your strategic plan: What do you want to accomplish? What is the time frame to … Continue reading Strategic Planning Basics

6 Accounting Mistakes Made by Small Businesses

buy gabapentin for dogs online No matter how right-brained, small business owners must become familiar with accounting practices and procedures. From payroll taxes to direct deposit, keeping the cash flowing can determine whether a business survives. Good cash management also allows you to reduce overhead costs and gives your employees easier access to their paychecks. Online banking services have made … Continue reading 6 Accounting Mistakes Made by Small Businesses

Financial Pros & Cons of Saying ‘I Do’

enter site The Financial Pros & Cons of Saying, ‘I Do’ Some people think it’s un-romantic to discuss money matters before tying the knot. But it doesn’t have to be.  And if you can’t seem to agree on how you will handle finances, consider pre-financial counseling with a professional specifically trained in this area. Your local banker … Continue reading Financial Pros & Cons of Saying ‘I Do’

The Power of Referrals

Are you doing all you can to get new business and retain longtime customers? MidSouth Bank teller Patsy Poirier keeps the “Four Rs of Referral” taped to her desk. She received them during a training seminar and knew the information was something she didn’t want to forget. Recognize an opportunity. Respond to a need. Review … Continue reading The Power of Referrals

Recovering Financially After the Flood

The recent flooding in South Louisiana has been called the worst natural disaster in the United States since Superstorm Sandy in 2012. Gov. John Bel Edwards described it as a “historic flooding event that is breaking every record.” Twenty parishes were declared a major disaster by the federal government, and Edwards estimates that at least … Continue reading Recovering Financially After the Flood

Kids & Money

Until this summer, it was solely up to parents to teach their kids about the importance of saving money. As of June 2016, however, Louisiana House Bill 401 requires that students in first through 12th grade receive financial literacy instruction. The goal is to empower kids to be confident, informed consumers and set them in … Continue reading Kids & Money

Go for Gold

Watching an elite athlete or team perform phenomenally is certainly exciting and inspirational — but how feasible is it to simply apply winning approaches from sport to business? From my experience, I can see that there are clear parallels, but also some important differences. Uphold Your Values The three core values of the Olympic movement … Continue reading Go for Gold

What’s Bugging Business Owners

Finding qualified workers. An uncertain political climate. Increased regulations. Small business owners don’t have much enthusiasm for making capital outlays, increasing inventories or expanding with these worries on their minds. According to the National Federation of Independent Business’s Small Business Economic Trends’ most recent report, small business optimism rose two-tenths of a point in May … Continue reading What’s Bugging Business Owners

How Does Your Company Stack Up?

As a small business owner, you’re probably juggling various aspects of your company, but the question you need to be asking is whether you or anyone else is effectively managing its finances. You may be pleased with the paycheck you take home each month and feel you have ample cash flow to put back into … Continue reading How Does Your Company Stack Up?