Capital Solutions Bancorp Blog

Is It Time for a B2B Small Business Checkup?

Capital Solutions Bancorp — Fri, 16 Mar 2012 19:03:21 -0400

We're no longer at the start of the year and tax time will soon pass. After that will be a great time to put on your stethoscope to give your B2B business a physical. This exam requires taking time away from your routine to focus closely on your business to gauge its progress and identify needed changes.

This checkup includes reviewing finances and operations for potential opportunities and costs to cut. Call it a spring break checkup giving yourself permission to take a break from your everyday tasks. This checkup just might make a big difference to your business.

An Overview of Financial Statements

Capital Solutions Bancorp — Thu, 08 Mar 2012 11:42:21 -0500

Reading financial statements may be foreign to many people, but they tell you various stories about the money in your business. They're like reading nutrition labels -- you understand it better as you pick up new information. Financials statements provide you with a snapshot on where the money comes from, where it goes and where it is today.

Businesses will find value in having the following financial statements:

Does Your B2B Business Really Need a Loan?

Capital Solutions Bancorp — Wed, 29 Feb 2012 16:48:15 -0500

Too often, businesses think they need to borrow money when they shouldn't. And, there are times when it's a good move to get financing, especially when it contributes to growing the business to support their business customers.

A bank approving an application for a loan isn't a sign that a business needs it. All it indicates is that the bank believes the business can pay back the line of credit or loan. That's their main goal. They don't care how it affects your business.

10 Ways to Motivate Employees to Better Performance

Capital Solutions Bancorp — Fri, 24 Feb 2012 18:45:19 -0500

No matter how things are going for a company, a motivated workforce propels a company through bumpy roads and leads to more successes. Motivation makes it possible to create a culture consisting of hard-working employees who are passionate about the company and growing the business.

Should You Give Credit Cards to Employees?

Capital Solutions Bancorp — Thu, 09 Feb 2012 11:48:43 -0500

It's hard to relinquish control especially when it comes to cash flow and expenses. Instead of dealing with paperwork and doing all the purchases, employees having credit cards may mean more time for you to focus on growing your business.

Here are some points to consider when deciding to give credit cards to employees.