The business landscape has changed dramatically – and sometimes unpredictably – over the past few years. While there is no crystal ball for the future, some trends have emerged that look to stick with us for the foreseeable future. These include a desire for a more robust, protected supply chain, higher interest rates compared to…
The idea that business and personal lives are completely separate is not true for anyone. Work is a source of personal satisfaction, close relationships, and the money it takes to live. Business and personal worlds are especially linked for business owners, whose personal passion and assets are tied up in their business.
Many businesses think of banks primarily as a place to deposit and borrow money, but there is a whole range of services, known collectively as treasury management, that can elevate a bank from a service provider to a partner for businesses of any size.
As businesses grow and compete for employees, one of the most popular benefits they may choose to offer is a qualified retirement plan such as a 401(k). But while such plans are sometimes viewed as a commodity, employers actually have many decisions to make when designing a retirement plan.
No economic data point exists in isolation. Sometimes economic trends overlap and amplify each other; other trends may partially cancel each other out. When multiple trends hit at once, in new ways, the sense of uncertainty can be overwhelming.
After two years of improvisation and unexpected challenges, many businesses are ready to look forward. Whether applying lessons learned or seizing new opportunities, owners are seeking capital to help them start their next chapters. For many small businesses, a loan from the U.S. Small Business Administration (SBA) may help them make the shift from “surviving”…