You’ve invested countless long, hard hours in building a stable, profitable business with a bright future. But negative economic forces can strike at any time, destabilizing your finances and possibly even endangering the survival of your business. This is one of the main reasons it’s so important...

Once upon a time, most businesses could rely on wages and salaries to attract talented employees. Securing the services of strong candidates was often purely a question of money. But much of that has since changed—and quickly—in the post-COVID-19 hiring and retention landscape. For many job-seekers...

Wondering what your aging accounts receivable report can reveal? Uncover five pivotal insights to gain a deeper understanding of your financial landscape. Before we dive into how you can use your aging AR report, let’s establish what it is and what it can tell you about your company. An aging...

Since the Covid-19 pandemic, we’ve witnessed a revitalization in American industrial policy. The economic ripples of the pandemic highlighted the precarious nature of long-spread supply chains and outsourced labor; now having internalized these lessons, many firms are re- or nearshoring their...

Streamlining payments involves refining the management of money flowing in and out of your business. It could include reassessing your payment strategy or even upgrading your treasury management solutions. When done effectively, optimizing your payment processes may improve customer experiences...

As we ring in the new year together, we want you to know that our team continues to prioritize your financial security. It is our goal to ensure you are well-prepared to tackle evolving fraud threats. Read on to learn more about emerging fraud schemes that scammers will use in 2024. Artificial...

Going green has the potential to be a wise business decision for the manufacturing industry. In fact, it seems many manufacturers are making the jump to more sustainable processes and business operations. Traditional manufacturing processes are based on a linear model of consumption—that is, finite...

Financial reporting is a must-do preparation for the upcoming year. Here’s how to ensure you complete it once your fiscal year ends and help you do the business moves you want. Now is a natural time to plan your strategic goals for the coming annual cycle. But to create a targeted growth plan, you...

Anybody can make money in a thriving economy—but can they maintain profits during an economic downturn? As a small business owner, worries of an economic downturn might keep you up at night. Do you have enough cash on hand to cover your bills? Will next quarter’s product launch fall short of...

No one can foresee what the future holds for any business but having business emergency funds available can help with keeping afloat during difficult times. Let’s dive into business emergency funds: what they are, how to calculate how much to save, how to set up an account, and strategies that may...

Despite economic fluctuations over the past year, average Americans continue to spend during the holiday season. The latest statistics suggest that online sales are projected to grow by 4.8% year-over-year, reaching $221.8 billion this year. Navigating the challenges of rising inflation and finding...

The past several years have witnessed a fundamental shift in how many people view sustainability worldwide. Moving forward, understanding—and centering—the three pillars of sustainability may be crucial to thriving as a business. While there are other factors at hand, it seems the Covid-19 pandemic...