Banknotes Blog

Business Operations, Commercial Lending, Small Business, Business Banking

A Blueprint for Construction Loans

By: Paul Cardarella

If your business requires a physical location, one of the biggest dilemmas can be whether to build, buy, or rent. In truth, there is no one-size-fits-all answer to that question. The most important thing to remember is, the answer that's best for you and your business should be based on facts and not fear of the unknown.

Every business owner should develop a clear and accurate understanding of the value of his or her business. Here are five reasons for determining the value of one’s business.

It's important to create thoughtful order in your financial life, and that includes providing for proper care and administration of your estate.

When succession planning, don't just consider the impact on management style and corporate vision ... consider financial costs of the transition.

Business owners may not want to think about their potential death or disability, but it is important to do just that to determine future success.

In the next 20 years, we will have perhaps the largest transfer of wealth in history. Much will be in the form of transferring a business.

Does your business have a short-term contingency plan? Contingency planning is an essential part to preparing for unexpected absence from the business.

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.

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

At some point, we may inherit a home/other real property. Consulting with professionals improves one’s chances of doing so under favorable circumstances.

When it comes to succession planning, it’s not a question of “if” as much as “when” and “how” you will set your business up to carry on after you move on.

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Wealthways is a casual, weekly conversation centered around female empowerment, moving upward, and all things wealth. Along with hosts Dawn Mullarney & Jane Simon, guests explore their own definitions of wealth – be they in terms of money, experience, wisdom, or any other multitude of things – and their personal journeys to achieving it.