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.
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 in traditionally male-dominated industries, shared tips for developing confidence as leaders, and instilling growth opportunities for future female leaders in their organization.
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.
The First Bank Financial Education Center held a webinar on August 16, 2021 on challenges with inflation, supply chain, and labor.
The First Bank Center for Family-Owned Businesses held a webinar on August 10th, 2021 covering strategic planning as a foundation for family business succession.