by First Bank of the Lake | Jun 30, 2024
Keep Your Business in the Family with First Bank of the Lake As a business owner, you’ve dedicated countless hours and immense effort into building your company. Now, as you consider retirement, you might be thinking about selling your business to a family...
by First Bank of the Lake | Jan 4, 2024
Tips on How to Establish and Manage a Helpful Emergency Fund For Your Enterprise An emergency fund for your small business is a smart investment. By having some savings on hand, you can help your company weather economic downturns, a loss of patronage, and unexpected...
by First Bank of the Lake | Nov 2, 2023
Are You Doing It Correctly? In the world of small business, one crucial aspect that often gets overlooked is inventory management. Properly managing your inventory can have a major impact on your bottom line, cash flow, and overall business success. In this article,...
by First Bank of the Lake | Nov 2, 2023
Credit is Crucial for Your Business’s Finances One crucial element that can significantly impact your business’s financial standing is credit. Just as individuals rely on personal credit scores, businesses need to establish and maintain strong credit to access...
by First Bank of the Lake | Oct 23, 2023
Consider these Guidelines for Keeping Your Current Customers Happy A healthy business must have a thriving customer base that provides stability as a major revenue driver. In fact, Harvard Business Review found that it’s easier and less costly to retain existing...