Abrigo

MARCH 22, 2017

The 2017 Risk Management Summit presented by Sageworks is set for September 25-27th in Denver, CO. The Summit is the industry’s leading life-of-loan conference, spanning business development through portfolio risk management in a CECL - current expected credit loss - world. In September 2016, more than 240 bankers and industry experts from both community banks and credit unions attended the Risk Management Summit in Austin, Texas.

CECL 74

CECL Credit Unions Small Businesses 74

Fundera

MARCH 20, 2017

For nearly as long as there’s been people, there’s been trade. In the long history of humanity, when we aren’t at war, we’ve been interested in buying and selling various goods from each other. Imports and exports are how the potato came to Ireland, and in a more modern sense it’s how we’re able to buy food, drinks, furniture, clothes, and nearly everything else, from all around the world today.

Transactions 67

Transactions 67

Abrigo

MARCH 23, 2017

If the thought of finding your next valuation client causes a jump in your blood pressure, you’re not alone. Attracting new clients is a common challenge for valuation professionals. Unlike traditional accounting services (such as tax preparation and audits) that some clients need each year, valuations are often performed to meet a one-time need triggered by situations such as a shareholder dispute, a divorce settlement or a bankruptcy.

Accounting Firms 60

Accounting Firms Bankruptcy Small Businesses 60

Abrigo

MARCH 23, 2017

By Jackie McLaughlin, CPA. With the increased availability of useful data, analytical review procedures are becoming more important during the audit process. The processes provide a number of benefits to help CPAs reduce risk and increase audit efficiency. Additionally they provide opportunities for CPAs to become even better at what they do. For example, greater emphasis on analytics encourages and almost demands that the auditor improve the quality of their professional judgment and skepticism

Accounting Firms 60

Accounting Firms 60

Fundera

MARCH 22, 2017

Profit maximization might be the most misunderstood concept in business. After all, doesn’t it make sense to increase sales as much as you possibly can? Won’t profitability automatically come with those increased sales? It seems counterintuitive, but the answer to that is actually no. So, how do you attain profit maximization ? While it’s not as easy as simply increasing sales, it’s not as hard as you might think.

Small Businesses 63

Small Businesses 63

Fundera

MARCH 23, 2017

Dawn Stratton has been in optometry for just about 23 years now. And when you ask her what those 23 years were like, she’ll say: “A journey.”. A journey that, like for all optometrists, started with long, grueling years of optometry school. But Dr. Stratton wanted to be different than most optometrists. And in those 23 years, here’s how she set her own practice, Stratton Eyes , apart from the rest.

Small Businesses 62

Small Businesses 62

Fundera

MARCH 24, 2017

Do you prepare and file your company’s taxes? If you’ve been processing your business taxes , you might have been doing so incorrectly for years. You might have overlooked deductions that you could have taken. You might have missed credits and itemized items that you could have applied. If you’re like most business owners, you might watch your “bottom line” and try to save money wherever you can.

Deductions 57

Deductions 57

Fundera

MARCH 21, 2017

U.S. Bank’s business credit cards offer something for every small business owner—low interest options, cash back , travel rewards , the works. Whether you need a flexible business financing option or want to rack up points for dollars you’re already spending, there’s a U.S. Bank business credit card out there for you. But how do these cards stack up against the competition?

Small Businesses 45

Small Businesses Transactions 45

Fundera

MARCH 22, 2017

Does your small business have the potential to go global? If you’re a small business owner, you might have the perception that you don’t have any chance at exporting. A business that’s going overseas is assumed to be a large, multinational corporation. But don’t let that stereotype fool you—your small business very well could have potential to export its goods and services.

Small Businesses 40

Small Businesses 40

Fundera

MARCH 23, 2017

Good help is still hard to find—and it’s getting harder. Of the many things small business owners lose sleep over, “ finding and keeping skilled employees” top the list as the fastest rising problem they face, according to a survey by the National Federation of Independent Business. That problem leapt 16 spots to 14th last year from 38th in 2012, the last time the NFIB conducted the survey.

Small Businesses 75

Small Businesses 75

Fundera

MARCH 20, 2017

As we all know, any new presidential administration comes with ambiguity about which policies will stay consistent and which will change. As a country, we’re waiting to see what the Trump administration will do on many fronts, but one subject that could impact your small business more than you might know is financial regulation. The Trump administration has moved quickly to roll back financial industry regulation , putting the fate of community banks back in the spotlight.

Credit Scoring 65

Credit Scoring Small Businesses 65