Setting up direct deposit for your organization puts a simple process in place that transfers payroll funds electronically from your business checking account into each employee’s account at his or her own financial...
Date: 10/09/2019
Setting up direct deposit for your organization puts a simple process in place that transfers payroll funds electronically from your business checking account into each employee’s account at his or her own financial...
Topics: Cash Management
Date: 09/11/2019
The route to financial success begins by selecting the right deposit account for your business. Unfortunately, this critical decision is not always easy. Since banks offer a wide variety of deposit products and...
Topics: Cash Management
Date: 08/14/2019
Companies regularly find themselves in the position of having to invest in equipment that will allow them to continue growing their businesses. If those businesses are startups, the need is sometimes more urgent, as...
Topics: Financing , Business Growth , Cash Management
Date: 06/05/2019
Business owners make a profound local impact, as we learned in a recent ICB Financial Sense Blog. They provide jobs, increase the tax base of the community, offer a unique local flair, and many times, give back to...
Topics: Business Growth , Cash Management , Nonprofit
Date: 05/15/2019
Municipalities and private businesses with cyclical inventory and production requirements often struggle to ensure that they have sufficient cash to consistently fund operations throughout the typical peaks and...
Topics: Cash Management
Date: 05/08/2019
If you own a small business or manage a nonprofit, you know managing day-to-day expenses can be tricky, especially when payments or donations are inconsistent. If you have experienced temporary cash flow problems...
Topics: Cash Management , General Business , Nonprofit
Date: 04/10/2019
The financial health of nonprofit organizations is incredibly important to our communities. Having served on several nonprofit boards over the years, it has become clear to me that good financial health is essential...
Topics: Cash Management , General Business , Nonprofit
Date: 02/27/2019
Every small business owner, regardless of industry and employee count, needs to understand their company’s working capital cycle, or the amount of time it takes from producing a product or service to receiving...
Topics: Cash Management