Bank checking accounts have gone digital. Thanks to the “Check Clearing for the 21st Century Act,” the rules of the game have changed. Here’s what to look out for. It’s like the Jetsons took over the banking business – at least when it comes to your checking account....
How to Balance Your Checkbook Activity: Here are 4 Good Options! If you have an existing checking account and have not been balancing it each month, then you have three options in order to get your account balanced. Stop trying to figure out your checking...
Bank Line of Credit vs. Invoice Factoring Sooner or later, your growing company is going to need more cash than it currently has on hand. Maybe business is just slow due to economic, industry, or seasonal factors beyond your control. Maybe you’re caught on the...
Real estate investors claim that you actually make your money on the way in. That is, you put yourself – and your investment – in a position to succeed by making sure you don’t pay too much for a property. The investor can’t control what happens to the real estate...
Sorry. As hard as we tried – which mostly consisted of staring at the screen for ten minutes – we just couldn’t come up with a flashier title. Maybe we could have tacked on, “…made simple” or “…made fun,” but that wouldn’t have been completely honest. The truth is,...
Cash Flow. It should be a four-letter word. (Actually, it’s two four-letter words, but who’s counting?) Cash flow can be a headache for almost every small business owner. Making sure that more money comes in to your company than goes out is always job #1…but it’s...
It always comes back to Detroit. Most of the general public – and many business professionals – had never even heard the term “lease” until Motown heavily promoted leasing as a way to bump up new car transactions in the wake of the recession that crippled the U.S....
Strange as it sounds, many business owners spend more time researching their new cell phone than they do their potential banking relationships. That’s unfortunate, because a good banking situation can be key to the success of your company. If you’re hoping to grow...
Healthy cash flow is a must for growing businesses. Everyone knows it, yet almost every company, sooner or later, has cash flow problems. Some surveys of business owners indicate that at any given time, up to 50% of small business owners are encountering some sort of...
We’ve written about it before: Cash flow is king. But “cash flow” is also one of those terms that’s constantly thrown around business and banking circles, because it’s assumed that everyone knows what it means. And by extension, it’s assumed that as a business owner...
