Recent Articles from Adam McDiarmid
Five Reasons to Connect With Your Business Banker (and How to Prepare)
If you’re a business owner, you know that running a business comes with its fair share of challenges. And one of the biggest challenges is ensuring that your business finances are managed appropriately. Luckily, you’re not alone when it comes to managing your finances — your business banker is ready to help you plan for […]
How do businesses plan for the unknown in 2021?
The pandemic has fundamentally changed the way businesses operate, so it’s important to work with a financial partner on a strategic plan that takes into consideration the “new norms,” such as utilizing technology to meet online rather than in person. Focus on what you want your business to look like one to five years from now, and how you can leverage some of the changes in buying habits th[...]
Staying nimble: business financing and planning in a new era
The past months have taught us that businesses owners are resilient and many are rising to the occasion by pivoting their business model, caring for their workforce and being thoughtful about operations. But this storm hasn’t passed yet, and owner-operators need more strategic plans for staying agile in the face of uncertainty.
How to manage cash flow in a stressed economy
As we wade through turbulence, we may need to buckle up for an extended economic downturn and recession as we search for a COVID-19 treatment and transition back into a more robust labor market and revived consumer demand.
Is now the time to invest in your business?
For business owners, the last few years have seen shifting trends, opportunities and challenges — from tax law changes and increased M&A activity, to technology advances and low unemployment. These changes impact how, and if, owners decide to reinvest in the company.
Include These New Tax Laws in Your Year-End Business Review
While tax season might seem far away, the fourth quarter is an excellent time to revisit the tax law changes and make any final business decisions before the year is over.