Category Archives: Banking

4 Ways to Navigate the Coming Recession

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The financial media are in a tizzy. The latest predictors are showing the US economy may be headed for a recession.  After ten long years of economic expansion it looks like the party is coming to an end. As a business owner, this impacts you in a very real way.  As a leader whose job it is to care for those who work for you, the thought of a reduction in work and the potential of layoffs is miserable. Considering you know the names of the family members rely […]

Can I Deduct Business Expenses Made With My Personal Rewards Card?

It has taken you years to progress through the rewards channel.  When you remember the flights before preferred seating, being the last passenger to be called onto the packed airplane you shutter in horror of returning to that level of incivility.  The overhead storage was packed leaving no option but to gate check your bag or worse, have it thrown in with all the other luggage to be lost upon arriving at your final destination.  (And you know what its like to go without a […]

3 Steps to Tracking the Lifeblood of Your Business

The cooler weather, the start of football, it can only mean one thing: budget season! Yes, it is very near the time of year when the accountants prepare their crystal balls about the expected sales and expenses for the next calendar year. As you have heard a thousand times, “Cash is King”. The absence of cash is blamed for the premature death of many great business ideas. However, many budgets simply compare expected revenue for the year by a line item near […]

3 Ratios Your Banker is Watching in Your Business

Running a privately held business is adventurous, exciting and risky. It is fun to be an entrepreneur and to interact with a diverse group of advisers and associates as you conduct business. If you are among the many businesses utilizing bank financing, one of these individuals needs to be a sharp commercial lender.Commercial lenders, also called Business Bankers, deal specifically with the business men and women using their hard earned capital to make investments for the future. By lendi […]