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→
Financial Planning is all about setting goals. Set your goals and make sure they are SMART: Specific Measurable Attainable Relevant Timely Where do you see yourself at retirement? What milestones and major life events are important to plan for? Make… 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→
What is “Synthetic Fixed Rate Borrowing”?: A creative way of obtaining fixed rate borrowing at desired terms with lower overall fixed rate costs. Rather than borrowing with a traditional fixed rate term note, commercial borrowers can borrower on a VARIABLE… Read more→
We’ve all heard the clichés of how critical goal setting and planning are to the success of a business, but still many business don’t do it … or start a plan, but then lose track of that plan during the… Read more→