Risk management is a key component in any successful business plan. In today's world — where data breaches are common occurrences — it's especially important for business owners to understand the digital risks they face. Are you doing all you can to mitigate the risk of a cyberattack?
October is National Women’s Small Business Month. As we recognize the significant contributions female business leaders make, it’s equally important to provide some insights for the next generation of aspiring leaders to help foster their growth.
The Center for Family-Owned Businesses held a webinar on September 14, 2021. Shelley Seifert, First Bank’s Chairman and Chief Executive Officer, and peer female family business leaders held a discussion on the obstacles they’ve overcome to achieve success.
Suppose they were injured and out of work for a while, or suppose they died? Would your business survive or suffer a financial loss?
This year, National Small Business Week falls in September. Small businesses are often described as the backbone of the American economy as they employ a majority of American workers and provide many of the services we all enjoy.
You may have considered setting up a buy-sell agreement to ensure your surviving family a smooth sale of your business interest and are looking into funding methods. One of the first methods you should consider is life insurance.
The term “inflation” has been circulating in the headlines and on the news for some time now and, unfortunately, doesn’t seem to be going away anytime soon. Put simply, inflation is described as an increase in prices coupled with a decrease in the purchasing power of money.