If you’re transitioning your business to an ESOP, here’s everything to know about Employee Stock Ownership Plan structures, tax advantages, and more. For a business owner, an ESOP can be a means of transitioning ownership while generating potential tax advantages… Read more→
7 Steps for Business Continuity in Uncertain Times From Fifth Third Bank The COVID-19 pandemic has created a stark awareness of how vital it is to have a business continuity plan in case of crisis. The virus has caused untold… Read more→
If your company could adopt automation that heightened productivity and profitability, enhanced safety and paid itself off within months, would you invest in it? Cobots and their related technology – cobotics – are delivering those benefits for manufacturers. In fact,… Read more→
Millennials – the largest generation in today’s workforce – are moving into management and are starting to create shifts in corporate culture and leadership styles.
Is in house accounting software or an outside collection agency the best solution for your small business’s payment collections and cash flow?
Owning a business can strech a person quite thin. On top of your daily responsibilities, you want to expand your company through networking or new innovative ideas, but where do you start? Stephen Ball, SVP of Business Banking at MB… Read more→
I knew Mike Moran was the partner we needed two minutes into our initial meeting at my home office. He listened, asked questions and ultimately gave us a lifeline that we needed being only a few weeks into our new business…. Read more→
We started our banking relationship with Mike Moran during a difficult period of growth in our business. He assisted in our 2014 corporate restructuring and partner buyout by providing valuable counseling and establishing our initial line of credit and long… Read more→
“I’m Sorry, But You Just Don’t Meet Our Underwriting Standards” This phrase is: A banker’s favorite saying, or What an informed business should be able to say to a bank. The answer is B. Now more than ever, it is… Read more→
Optimizing the Cash Conversion Cycle (CCC) affects your companies bottom-line, your cash flow and influences the amount of external funds needed to run your business. While many concentrate solely on revenues and expenses to manage cash flow, it’s usually not… Read more→