Cybercrime has advanced along with technology. It doesnâ€™t matter if you have one or 100 computers connected to the Internet â€“ understanding the threats posed by cybercrime and training staff to spot them is a must for doing business in the 21st Century.
When you’re thinking of resources for the small business section of your bank’s website, a business plan guide and template should be at the core of what you offer.
Increasingly, women are becoming small business owners. You’ve probably noticed that they’re making up more of the bank’s small business customers.
Although most of your small business customers will have accountants to file their annual tax return, it never hurts to have some resources available on the small business section of your bank’s website to help them understand just how they’re supposed to pay Uncle Sam.
Something that doesn’t get considered often – especially during a busines launch – is how the business owner plans to exit their venture someday. Which is fair enough, because the last thing they want to be thinking about while launching or growing a business is how it’ll all end.
It only takes one IT-related disaster before business owners ask themselves the inevitable question – how can I stop this happening again?
Being in business involves risks. Some most business owners are aware of, but there may also be others that have escaped their attention.
A successful business is one thatâ€™s able to juggle their cash flow, and maintain a balance between cash coming in and cash going out. Creating a cash reserve is one of the most effective ways to handle short-term issues like falling sales, but indeed survive.