The Basic Process To Apply For Equipment Financing
Posted by: Stearns Bank on Sep 27, 2018
Advice to prepare if you’re applying for equipment financing with a financial institution, especially buying equipment for your small business.
Read More
Nine Steps To Follow When Acquiring A Business
Posted by: Stearns Bank on Aug 23, 2018
When you’re acquiring a business, everything revolves around planning.
Read More
Six Ways Seasonal Businesses Can Manage Their Cash Flow
Posted by: Stearns Bank on Aug 16, 2018
A small business may fail for many reasons – sluggish sales, start-up costs, competition. But the greatest challenge and cause of failure is cash flow.
Read More
Six Signs That You’re Ready To Hire Additional Employees
Posted by: Stearns Bank on Jul 19, 2018
For small business owners, it’s not always easy to know when the right time to hire new employees might be.
Read More
How Small Business Owners Can Use Section 179
Posted by: Stearns Bank on May 11, 2018
The Tax Cuts and Jobs Act that passed in 2017 made significant changes to Section 179 and first-year bonus depreciation.
Read More
Why Succession Planning Can Make A Difference For Small Businesses
Posted by: Stearns Bank on Apr 05, 2018
Having a succession plan in place helps ensure your business can carry on even if there’s an unexpected loss at the top of your organization.
Read More
The Benefits Of An Ongoing Financing Relationship
Posted by: Stearns Bank on Feb 01, 2018
A business loan can be a brief transaction, with parties going their separate ways. However, there are great benefits to an ongoing financing relationship with your lender.
Read More