Looking Ahead: Business Planning for 2023
Business Planning for 2023 In September, a group of Colorado business executives discussed the unique challenges faced in 2022 to identify opportunities for business in the upcoming year. In 2022, all businesses faced several challenges. From the corner mom-and-pop shop to large mega-corporations, there were unique obstacles to overcome. From…
5 Reasons Why Cash Flow is Important to Small Businesses
5 Reasons Why Cash Flow is Important to Small Businesses Everyone knows that money is important in business, but how about the specifics? Here are 5 reasons why cash flow is so important to small businesses. When it comes to cash, the obvious takeaway is that money in is good,…
Why Businesses Need to Embrace the Digital Payments Now
Before the pandemic, most businesses were living comfortably in the paper world when it came to managing their payments and collections. Many had relied for years on back-office staff to stay on top of the constant flow of checks, invoices and snail-mail. If that approach looked outdated before, it seems prehistoric after the events…
Relaxed loan terms from the SBA offer a ray of hope for small businesses
The stimulus package enhanced three loan programs that are part of the Small Business Administration (SBA)’s traditional offerings. The dominant narrative around U.S. small businesses throughout the pandemic has been one of doom and gloom. But there’s another side to the small-business story that is emerging. A story of determination,…
Cyber criminals are raising their game; small businesses must respond
Another day, another damaging cybersecurity breach. That’s how it may seem lately as a long list of high-profile firms has fallen victim to a surge in malicious online activity. But for every breach that grabs the headlines, there are thousands of smaller businesses being hit by online fraud attempts that are growing…