Instinct and experience can go a long way toward managing a successful farm. But there’s no substitute for a methodical, well-recorded operating budget. Financial tidiness can help farmers have a better grasp on what they can and cannot afford, but also what they should spend money on when they have change to spare. An operating budget can…
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Buying your first home is one of the biggest financial decisions you’ll make. Download our first-time homebuyer’s handbook to learn what’s involved.
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Whether you own a family-run business or a growing enterprise that deliberates in a fancy boardroom, you need a succession plan for your business.
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Business leaders come to expect the unexpected when it comes to cash flow – especially new businesses that are new to ebbs and flows of commerce. When challenging situations arise, use these pointers to help resolve common cashflow issues.
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Employment Practices Liability Insurance (EPLI) can help reduce damage to a business when the legal rights of employees are violated. Learn the basics of EPLI, such as which lawsuits it protects you against and how much it may cost.
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Scaling a small business is a delicate balancing act that demands careful planning. The goal should be to increase revenue faster than you increase spending to sustain that new revenue. Simple, right? Well, not exactly. When your business starts showing signs of growth, consider these tips for scaling responsibly.
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The average homebuying timeline will vary for everyone, but yours could potentially be delayed if you make a handful of certain financial moves. Learn what to avoid when buying a home.
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What you should look for when choosing a business checking account depends on your needs. Whether it’s your first business account or are switching to a new financial institution, here are a few tips to keep in mind.
ContinueA CD is an excellent way to start setting aside money for the future and benefit from the high yield interest rates.
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Small and medium-sized businesses should never presume that they’re safe from cyberthreats. In fact, SMBs are a prime target. We don’t say this to scare you but to encourage vigilance to protect yourself.
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With the exception of a few sun belt states, shopping for a house in the winter just seems off. The traditional time to go from listing to listing is spring and summer. But while things slow down this time of year, there are some hidden advantages to choosing it as your buying season. In fact,…
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Healthcare costs in the U.S. have never been higher, and that means businesses and employees need to be strategic about how they fund medical expenses.
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Dual Control is one layer of security in Cash Management that you may not be aware of. It requires two people in order to complete a single wire transfer or ACH batch transaction.
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Building a house vs. buying. It’s a question that faces many who enter the housing market. Whether you’re a first-time homebuyer or you’re looking for something that better fits your family’s needs, it’s a question that you’ll likely have to consider. Whatever direction you decide to go, it’s important to compare the positives and negatives…
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If you’re known to dabble in a little online browsing, odds are you’ve encountered a pop-up once or twice. There are times when you may think, “Wow, that’s a great deal!” and click on a pop-up. If you ever see a pop-up, put down the mouse. Why? That pop-up could be malicious or dangerous. There…
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Lean on Your Ag Lender as Your “Financial Mentor” Recent years have brought many challenges to farmers in the Midwest. Although production has been high, commodity prices have remained low. Trade negotiations with China have added more strain on an already struggling industry. Agricultural lenders are familiar with all of these issues and can help…
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This America Saves Week, set some time aside to see if your savings plan is working for you.
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Holidays are a busy and stressful time of year. There’s traveling and planning for visitors. Buying and wrapping presents for loved ones. Avoiding the flu. Cybercriminals know the hectic nature of holiday preparation and attempt to take advantage of anyone who may not be paying close attention, particularly older adults. It’s crucial that the elderly…
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One of the keys to success for today’s agricultural producers is a strong marketing plan which includes knowing break-even costs, having a solid action plan and keeping emotions out of it, according to tips released by the American Bankers Association at the ABA National Agricultural Bankers conference in Omaha, Neb. Members of the ABA Agricultural…
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October 18, 2019, is Get Smart About Credit day! The American Bankers Association Community Engagement Foundation works with banks around the country to raise awareness about the importance of using credit wisely. This national campaign aims to help young people develop responsible credit habits — from building a credit history to making responsible decisions regarding…
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