Blog

Understanding Fed Monetary Policy and How It Affects Businesses
January 29, 2025
Monetary policy is the process of manipulating interest rates and the money supply to manage and control the economy. The Federal Reserve sets monetary policy to promote stable prices and maximum employment. Central banks use monetary policy to manage economic […]
Foreign Trade / Foreign Currency
January 29, 2025
Why Transact in Foreign Currency? If your company does business internationally but still transacts in US dollars, you may be missing out! When it comes to importing goods, you should understand and recognize that paying suppliers in U.S. dollars may […]
Starting a Business: Guidelines to Consider
October 2, 2024
Starting a business and being your own boss can be exciting; for many, it is the personal and professional goal of a lifetime. Thousands of new businesses are started every day. Going into your new business with a plan can […]
Knowing the Structure of Business Entities
October 2, 2024
There are several types of business entities and understanding them should help with legal, financial and tax decisions. Below is a summary chart that provides some details on various types of business structures. Business Structure Alternatives Sole Proprietorship C […]
Guidelines for Writing a Business Plan
October 2, 2024
Having a formal business plan can be invaluable. It will likely be needed to obtain financing and can serve as a guide for the policies and planning review. You will articulate the strategies and tactics required for running your business. […]
Protecting a Business from Fraud Losses
June 3, 2024
The 2024 Association for Financial Professionals (AFP) Payments Fraud and Control Survey reported that 80% of organizations surveyed were victims of payments fraud attacks or attempts in 2023. This number reflects a 15-percentage point increase in payments fraud over the […]