Banknotes Blog

Small Business, Business Banking

Supply-Chain Solutions That Create Better Business

By: Dave Wyttenbach

In an Amazon world, where everyone is accustomed to unlimited selection and two-day delivery, the current supply chain crisis is officially affecting all aspects of life, from groceries to gift giving and from cars to kitchen remodels. What are your options for serving customers through this challenge when so many factors feel like they are outside your control?

If you have a tight budget, you may have to consider saving for your child's education OR for your retirement. Learn how you can make compromises.

Strong relationships are essential to retaining profitable clients. It’s important to determine whether a relationship is truly solid - or in decline.

For most people, retirement planning is synonymous with financial planning. Lately, it seems healthcare planning has become the new retirement planning.

Retirement: How will you manage the transition? Will you travel? Relocate? Work? Will changes in your income sources affect your standard of living?

If you're self-employed or own a small business, a retirement plan can help you and your employees save for the future.

Establishing the ideal retirement plan for a small business can be daunting, especially since this is not an area of expertise for most business owners.

Planning for your retirement takes a lot of focus on accounting for all of your expenses. Here are some that are often forgotten about/unexpected.

You may be able to take advantage of qualified charitable distributions from your IRA.

Cost of living increase will kick in during the 2019 tax year, meaning individuals can save more money in tax-advantaged plans prior to their retirement.

There is no formula a business owner can use to address the emotional side of succession. But there are strategies to ensure a legacy isn’t left to chance.

When investing, particularly for long-term goals, there are two concepts you will likely hear about over and over again—diversification and asset allocation.

For many smaller businesses, the owner's largest investment is the business itself. The retirement plan is to live off the sale of his or her life’s work.

To better understand the importance of estate planning, let’s examine its two sets of primary objectives: 1) lifetime objectives and 2) death objectives.

There can be steep, hidden costs associated with retirement – and believe it or not, most of them are non-financial in nature. We examine five here.

Here are three checklists, compiled by decade, that will help guide your retirement planning and keep you heading in the right direction.

The SECURE Act could make IRAs a more attractive component of retirement strategies and create a path for annuities to be offered in retirement plans.

Whether your plan is to retire cold-turkey or transition more slowly, there are a few things to keep in mind to make the process easier.

One of the best things you can do for yourself early in your adult life is start planning your financial future. There's no better time to begin than now.

If you’ve had a big life change, it's a good time to go over your estate plan. Here are a few life events that could trigger a review of your documents.

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