Local small business owners can now access on-demand business and management advice to help them deal with burnout, prevent cybersecurity hacks, develop sound business plans, and more. The advice, shared via online video, is part of First Federal Lakewood’s Business Boost series, a program that provides time-strapped small business owners and entrepreneurs with expert insight […]
Need money to expand with new equipment or into new locations? To pay suppliers, and market your products or services? If so, it might be time for a business loan. Getting the working capital you need with a loan you want at an affordable rate comes down to preparation. The most common reasons for applying […]
Keeping your records up-to-date, in a safe place and for the required legal period is tedious, but essential for your small business. Whether you store them in a shoebox in a manila envelope or use an advanced electronic storage retrieval system, you need a reliable way to keep your records. The size and complexity of […]
What is the best checking account for my business? Choosing the right business checking account is key to effective money management. Here are a few questions to ask when looking for the best choice for your business. Will you have a large volume of cash deposits and transactions? If the answer is yes, it may […]
Corporate account takeover is a type of fraud where thieves gain access to a business’ finances to make unauthorized transactions, including transferring funds from the company, creating and adding new fake employees to payroll, and stealing sensitive customer information that may not be recoverable. First Federal Lakewood recommends following these tips to keep your small […]
The internet is not only an incredibly vast source of information and entertainment, it’s also a convenient, time-saving tool for important tasks like banking. With online banking on the rise for both consumers and businesses, it’s more important than ever to follow a few basic steps to safeguard both your computer and your company’s sensitive […]
As more companies reveal data breaches on large scales, the need to protect yourself, your reputation, and your financial interests with identity protection services is growing daily. Types of Services Services should go beyond monitoring your credit score. A good credit monitoring service will let you know whenever someone does any of the following: Checks […]
Consumers today rely heavily on credit and debit cards to make purchases both large and small. How many of us, after all, pay cash when fueling our cars? And then there’s online shopping. Most of us don’t hesitate to order online. Some of us even use a card to purchase coffee on our morning commute. […]
Starting a business with a partner affords many benefits. In a perfect world, that means sharing the expenses, ideas, workload, responsibilities, and profits. In the real world, it can mean personal liability for the partnership’s activity, emotional ups and downs, personality conflicts, and differing ideas. What Is a Partnership? There are three standard types of […]
At a certain point, every businessperson needs to know what their company is worth. Whether you are considering purchasing an existing business, selling your business, looking to attract investors, or thinking about going public, here is a look at how to approach valuing your business. Reasons for Valuing The two most common reasons: selling your […]
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