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 [...]
Mastering Retirement Planning: Strategies for High-Net-Worth Individuals
High-net-worth individuals don’t get to where they are by happenstance — it’s the outcome of a journey marked by choices, and at times, the lessons learned from mistakes. Although 84% of wealthy Americans have financial plans designed to mitigate long-term risks, there’s more potential for mistakes in the second half of [...]
Unveiling the Power and Pitfalls of Generative AI in The Modern Workplace
Artificial Intelligence, commonly known as AI, has been all over the news recently, from goofy uses (George Washington with a mullet) to apocalyptic fears (AI systems with the power to launch a missile attack without human intervention). Forms of AI, like predictive texting, have been around for many years, but generative AI app[...]
How to Choose the Best Budgeting Method for Your Financial Goals
According to Nerd Wallet, nearly 74% of Americans have a monthly budget. With today’s mobile banking technology and easily seeing transaction details as your money comes and goes, why do so many people still budget? And what is the best budgeting method in today’s digital age? The answer is simple, having a budget is one[...]
How the Pandemic Revived the Global Telehealth Industry
While the COVID-19 pandemic has wreaked havoc on the global healthcare landscape, with more than 770 million cases to date, it has also catalyzed fundamental transformations. One of the most notable changes has been the resurgence of the online telehealth industry. Considered a niche before the pandemic, telemedicine went mainst[...]
Office Relocation Planning: Your Comprehensive Checklist for a Smooth Move
They say that moving homes is one of life’s greatest stress inducers. Moving office can be worse. It carries all the same stresses of moving home, but there are the additional factors of minimizing business disruptions, protecting valuable assets, catering to staff requirements and many other challenges to consider. While it i[...]
How to Design a Dispensary: Budget-Friendly Tips for a Memorable Consumer Experience
Customers across industries have more choices than ever before, making it increasingly crucial for brands to excel and stand out. Cannabis brands are no exception — cannabis retailers around the United States need to ensure that they make informed, careful decisions from the very onset of their dispensary plans. From maximizin[...]
Empowering Colorado Employers: 4 Strategies to Optimize Health Care Benefits
Health care spending nationwide is expected to exceed $6 trillion by 2030, with employers covering a large percentage of that through medical benefits provided to employees. Unfortunately, one study found that 25% of annual health care spending may be wasteful, including overtreatment, low-value care and fraud. With that in mind[...]
ERP Testing Best Practices: A Blueprint for Success
More and more companies across industries are adopting Enterprise resource planning (ERP). According to Statista, the ERP software market is expected to reach $49 billion by the end of 2023. But since ERP adoption is such a lengthy and complicated project, many companies can neglect to ensure their ERP solution’s accurate func[...]
The Rise of Cybersecurity Attacks: What You Need to Know and How to Protect Your Business
The increasing frequency of Distributed Denial of Service (DDoS) cybersecurity attacks is not a new phenomenon. But these attacks are becoming more dangerous, targeted and detrimental. Comcast Business’s 2023 Cybersecurity Threat Report showed that out of 23.5 billion cybersecurity attacks detected last year, a staggering 21[...]
Unprecedented Impact of Soaring Interest Rates: What It Means for the Economy
You would have to be living on another planet not to feel the deleterious impact of higher interest rates. Just when we thought annus horribilis 2022 was finally in the rear-view mirror, the bond vigilantes have resurfaced to wreak havoc on both stock and bond markets simultaneously. Since the Federal Reserve has been steadfast [...]
Mastering Customer Retention Strategy: The Key to Sustainable Business Growth
According to a recent Statista report, in 2022, the most profitable industries in Colorado were finance, insurance and real estate. No matter the industry or location, repeat customers are the driving force behind all thriving businesses and organizations around the globe. The latest research backs this up, revealing around 73% [...]