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Copyright © 2021 Valley National Bank, All Rights Reserved.
Member FDIC, Equal Housing Lender
An economic recession on the heels of COVID-19 could be a formidable challenge for small businesses. Inflation and supply chain issues, along with fiscal stimulus policies, have set the stage for a potential recession. How long a recession may last is hard to tell, too.So what should a business do ...
Accounting may not be your favorite part of owning or managing a business, but everyone running a business should embrace it. Looking at your bookkeeping and accounting results, you can find key insights that will help you grow revenue, cut costs, and steadily increase profitability. During the busy holiday season, ...
A common New Year’s resolution for small business owners is to take their business to the next level. This can mean different things for different entrepreneurs, but once a small business is off the ground, the next step is to find opportunities to grow.Small business growth can look like a ...
Determining the value of your small business is the process of assessing the total economic value of your business and its assets today. It’s a necessary practice for every big financial event in a small business's lifetime including when you’re applying for loans, considering a transfer of ownership, or you ...
Knowing what customers want helps you get ahead of the competition, build customer loyalty and repeat sales, and increase long-term profitability. But knowing what customers want (and will want next) is often easier said than done.If you’re a small business owner looking to stay one step ahead of customer demand ...
It’s a common misconception that larger enterprises are ideal targets for cyber criminals. In fact, the opposite is often the case: small and medium-sized businesses have less to spend on cybersecurity threats. Most have smaller (if any) staffing to protect networks and keep information safe.Small businesses can’t take any chances ...
The original theme of this month's newsletter changed rather dramatically as the early March events in the banking sector radically altered the tone in the markets. While the focus had been a deeper dive into the “Recession vs Runway” theme for an economic landing, the failures of Silicon Valley Bank ...
Married couples seem to get a lot of breaks when it comes to finances—presumably, two people are earning (and sharing) income; they might have more choices for affordable insurance, and they often enjoy more generous tax deductions. Yet they also have to navigate tricky financial situations, such as allocating their ...
With the price of food on the rise, grocery bills are growing along with it. It can be a challenge to stick to your grocery budget while also trying to check everything off your list. But, with a little effort, you can keep your weekly grocery bill on budget. Whether ...
More than 11 million minority-owned businesses make up the economic fabric of the United States, according to data compiled by The Business Journals, and these businesses generate about $1.8 trillion in annual revenue, making up a good portion of the country’s economic success.Yet, minority-owned businesses do not receive nearly as ...
Do you have a budget? It’s a core factor in improving your financial well-being – both for today and the future. Consider this guide your “budget buddy” and get started today.What is a budget?We hear the word a lot, but what does it really mean to make a budget? At ...
Every March, we celebrate Women’s History Month where we honor women’s contributions in American History. This is a time to celebrate actions big and small that have led the way for progression. The theme for Women’s History Month 2023 is Celebrating the Women Who Tell Our Stories. These women might ...
Copyright © 2021 Valley National Bank, All Rights Reserved.
Member FDIC, Equal Housing Lender
