4 New Year’s Resolutions for Small Businesses

Business Banking

4-New-Years-Resolutions-for-Small-Businesses

It’s a brand-new year, and a new chance at growth for your business. Curious about what your business should be focusing on this year? We’ve got answers! Below, we’ve outlined four New Year’s resolutions for your business. 1. Update your business plan If you’ve established your company the right way, you’ll have drafted a business plan when you first launched …

How Much Business Debt Is Too Much?

Business Banking

Borrowing money is often a necessary part of running a business. It’s important to proceed with caution and understand business borrowing before taking on new debt. Here’s all you need to know about striking a balance when borrowing for your business: What is debt capacity? Debt capacity refers to the amount of money a business can reasonably borrow and pay …