Category: Business Resources

Passing on your family business to the next generation requires careful planning and execution. Beyond ensuring the business’s long-term viability and growth, you will want to preserve your family’s legacy and values through strategic, informed succession planning. While professional advice from attorneys, accountants, and consultants will be essential for navigating your unique situation, these tips can help you get started …

Discover how AI-driven fraud poses risks to businesses, and learn strategies to protect your financial assets and data.

Know the laws on business EFT fraud, plus common scams and how to stay safe.

From farms to food trucks and hotels to holiday retailers, seasonal businesses are a vibrant and vital part of the economy. Seasonal businesses have a unique opportunity to capitalize on timely demand and harness pricing power to generate substantial revenue over a relatively short period. The downside? Small-business owners have to make ends meet 12 months a year; too often, revenue…

If driving is an important part of your business, investing in a company vehicle can be a smart solution.

You’ve worked hard to make your business a success. So, it’s important to ensure that your business can continue to run smoothly and deliver value to your family, team, and customers even if you’re no longer at the helm. It’s a task that entrepreneurs often put off in favor of more pressing day-to-day demands, but it’s crucial to create an estate…

As a business owner, you have more important things to deal with than credit card chargebacks. They can be time-consuming and expensive. Here are some tips to help avoid them:

Liquid assets are your business’s lifeblood. Maintaining a strong liquidity position enables your company to weather temporary disruptions, secure affordable financing, and pursue sustainable growth. To gain a full perspective on this element of your finances, you’ll need to understand liquidity ratios. In this article, you’ll learn what liquidity ratios are, how to calculate and interpret them, and how to optimize…

When it comes to running a business, every penny counts. That is why it is essential to understand the fees associated with credit card processing. The fees can vary depending on the type of card used, your business transaction volume, and the processing company you choose. If you want to reduce your credit card processing fees, here are four tips…

Ready to scale up your business? Whether you’re planning to roll out a new product, expand your territory, renovate your storefront, grow your team, or make any other kind of strategic investment, you’ll likely need some funding. Both term loans and lines of credit can allow you to take advantage of new opportunities while maintaining sufficient working capital to cover your current…