Have you been wondering what the difference between certain business structures is and which one would be best for you? Read on.
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How to Tackle Big Decisions – and Win
You’ve given all you’ve got to build your career, and now your company is flourishing. But a bigger company needs even more attention, and you’ve got family obligations, a new home to build, and you’d really love a vacation that’s more exciting than just a long weekend. Sound familiar? The reward of acting responsibly…
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How you know if a volunteer board member position Is right for you
Non-profit organizations need strong leadership and community advocates to grow their impact. If you’re looking for a unique way to give back to your community, here are five questions you should ask yourself to see if a volunteer board member position is right for you
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4 ways to look for inspiring volunteer opportunities in your community
There are so many ways to give back to your communities. But you can make a positive impact with causes you care about and feel better about working selflessly for the people around you. Here are four ways you can look for volunteer opportunities that will boost your community and inspire you.
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5 ways donations help you and causes you care about
Americans today across states, incomes, and ages, give more generously and regularly. If you want to pay it forward, your gifts can make an incredible impact on your community and your life. Here are 5 ways why you should donate to charities.
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Ways to plan better and save more for your next big move
There are so many exciting reasons to move to a new place. But picking up your life to move somewhere else is never easy. Follow these ten tips for your next move to start planning better and saving more.
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Outsource or hire, what’s best for you?
When considering your sourcing options, you may find yourself trying to balance your hiring and outsourcing choices. Each one has its benefits and disadvantages depending on your business needs and requirements. But the question remains: Which is the best option for you? Let’s take a look at whether you should hire new staff members or…
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Filing a car insurance claim? Don’t worry, here’s everything you’ll need
Getting in a car accident is always unexpected, and of course, always stressful. Luckily, reporting a car insurance claim to your agency is easier than ever. Here’s everything you’ll need to file your claim if you get into an accident. Police report Insurance agents at Bank Midwest recommend calling the police if you’re in a…
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Importance of profit and loss statements
A profit and loss statement is a necessary summary of business operations and it is important to understand it from creation to completion. The P&L along with other financial documents are useful when requesting financing.
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Planning a trip? Protect your money when you travel with these tips
When you’re taking your dream vacation, you don’t want to have to worry about theft or fraud. Follow these four tips to protect your money and spend safely while you’re traveling.
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5 quick steps for using safe online banking today
For safe online banking, your security decisions will protect your accounts from hacking and fraud. Follow these five quick tips to bank safely from your computer or mobile device.
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The value of cash management services
A company’s financial stability relies on effective and efficient cash management and the overall, long-term success of a business is heavily dependent on these kinds of financial services. Not every solution will be the same so talk to your business banker to learn what will work the best for your business’s long-term goals.
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3 budgets to help you spend wisely and save more
When it comes to building a budget, there’s no one-size-fits-all approach. But there are lots of strategies that will help you keep track of your money, spend it wisely, and save more. Here are three budgets that will help you build your dream life by putting your savings first.
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The best ways to build a stronger financial plan this year (plus resources!)
The new year is an opportunity to reset and build momentum for your financial goals. Here are Bank Midwest’s top tips and resources to ensure you’re on track to meet your life goals this year.
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Dreaming of a getaway?
While the pandemic has redefined vacation, most of us can agree it has not diminished the desire and importance of “getting away.” Our quarantine social distance experiences have taught us some lessons and offer some new rules for the road.
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Digital payments explained
You may have been using digital payment methods without even thinking about it, as they have become so common in our society. At its core, a digital payment is a transaction or financial transfer that takes place without the use of physical cash.
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How online check deposit brings the bank to you
Businesses are pursuing all sorts of digital transformation these days. Yet, despite the shift online, paper checks still represent a common payment form that businesses regularly engage with. However, that doesn’t mean these companies can’t use technology to make the check deposit process more efficient and painless. All types of businesses are taking advantage of…
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How business sweep accounts work
One way business owners can make their financial lives simpler is by opening a sweep account. These accounts can streamline many cash management workflows — and, best of all, they can put money to work by earning interest or giving your company some other advantage.
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Easy ways to create more sustainable business practices
Running a business is a fiscal balancing act. Sustainable business practices can reduce overhead while serving as an example in the community and attracting talent.
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Business insurance overview for a typical policy [infographic]
Every company needs business insurance, but what does that actually mean? Let’s take a closer look at what business insurance includes.
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