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Managing Risk For Business Owners

People often associate “risk” with big things, like a fire, accident, or major theft. But risk can be more subtle, like rising raw material prices or a slow sales period. And what about the risk of losing your top salesperson or your most experienced technician?  

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Credit for Your Business

Deciding if and when you should apply for business financing can seem a little overwhelming. How do you know when the timing is right? where can you learn about the different options for business credit? What can you do to increase the likelihood of a loan approval?

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Financing an Acquisition

In a slow-growth economy, such as what is anticipated in the United States for the foreseeable future, a great deal of business growth turns from organic grown to inorganic growth — namely acquisitions.

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Keeping Your Workforce Fresh

Your business is only as good as your workforce, and your workforce performs best when engaged, empowered and motivated. Long-term employees are especially great – they hold institutional knowledge, gain efficiency through long-term experience at their jobs, and engage and educate the next generation of workers. Financial insecurity, however, can disrupt the natural balance found…

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Cash Reserves for Businesses: How much?

Most people have heard the personal finance adage that they should have cash equal to 6 months of expenses on hand, in case they lose their job or have an emergency expense. But should businesses? And is it realistic or wise to have that much capital sitting around? The short answers: Yes, and yes. How…

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Protecting Your Business Against Fraud

Fraud against businesses can take many shapes and sizes – from forged checks to electronic breaches. While no business is fraud-proof, there are ways to reduce risk and deter would-be fraudsters. Since every business is different, your exposure – and the steps you take – will be unique. Consult with your business community, security experts…

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