10 Ways to Simplify Your Finances


Simplify Your Finances

Time is money, at least to many people. Simplifying your finances can save not only time but also reduce stress and possibly put more money in your pocket in the long run. Being able to see a clear picture of your financial situation is invaluable. Money matters often seem unmanageable or overwhelming, but these 10 … Continue reading 10 Ways to Simplify Your Finances

Buying vs. Starting a Business


So, you want to be a business owner? Owning your own business comes with a lot of perks — and could be something you can pass on to future generations — but it’s also a big responsibility. As many current business owners reach retirement age, the option to purchase an existing business is becoming more and more attractive. Rather than reinventing the wheel, you would be getting a built-in customer base, cash flow and location. But if you’d rather start fresh, there are some things you should know.

So, you want to be a business owner? Owning your own business comes with a lot of perks — and could be something you can pass on to future generations — but it’s also a big responsibility. As many current business owners reach retirement age, the option to purchase an existing business is becoming more … Continue reading Buying vs. Starting a Business

10 Money Saving Tips for Small Businesses


10 Money Saving Tips for Small Businesses

  In a rising interest rate environment, now is a good time for small businesses to think about cutting costs and boosting savings. Some cost-cutting strategies are quick and easy, like getting rid of unnecessary expenses or scaling back free lunches, but others represent more long-term options that can make your business leaner, more profitable … Continue reading 10 Money Saving Tips for Small Businesses

The Threat of Social Engineering: What owners need to know to keep their businesses and clients safe.


What exactly is social engineering and why should you be concerned about it? Social engineering is a very popular form of hacking that’s been called the greatest security risk in the decade ahead. It can be done by email, phone or text messaging, and usually the hacker is someone trying to trick you into giving … Continue reading The Threat of Social Engineering: What owners need to know to keep their businesses and clients safe.

Quick Checklist for Small Businesses


Smart and successful business owners know how to manage their finances throughout the year. Weekly, monthly and annual check-ins may be necessary to make sure business operations are on track for where you want to go. If it’s too much for a business owner to check in regularly, the halfway point during the year is … Continue reading Quick Checklist for Small Businesses

How to Choose The Best Checking Account


How to Choose a Checking Account

Checking accounts are the most widely used financial product in the country. According to the FDIC’s most recent Survey of Unbanked and Underbanked Households in 2015, 75.8 percent of households had a checking account. Most banks offer different levels of checking accounts, from simple ones to those that earn interest and have unlimited transactions. Checking … Continue reading How to Choose The Best Checking Account

Build Your Business from the Outside


Build Your Business from the Outside

Learn how outsourcing some operations can grow your bottom line. As a small business owner, you often have to wear many hats — if not all of them. Reputation is everything in business, and the best owners know they must be hands-on if they want to have happy customers. But, as a business owner, if … Continue reading Build Your Business from the Outside

Handing Over the Reins: How to Develop a Succession Plan for Your Business


Succession planning is defined as a process for identifying and developing new leaders in a company should current leaders leave, retire or die. While planning for such a big change can seem daunting, succession planning can also be “a great opportunity to maximize opportunities and create a multi-generational institution that embodies the family’s values and … Continue reading Handing Over the Reins: How to Develop a Succession Plan for Your Business

6 Accounting Mistakes Made by Small Businesses


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