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Guest Column: Denver Bronco Player Explains Why Financial Literacy is Essential for Equality
“A host of positive psychological changes inevitably will result from widespread economic security.” – Dr. MLK Jr. To combat inequality, we must first start with knowledge. We have all seen firsthand the transformative power that understanding money can have on individuals and families. As we celebrate Black History M[...]
4 Ways Fintech is Empowering Small Businesses in 2024
Consider, for a moment, how finance and accounting processes were managed historically. Fifty years ago, keeping your books meant laboriously entering transactions in a paper ledger with a pen or pencil, then adding up endless columns of numbers. Getting paid meant waiting for a check — or possibly cash! — to arrive by mail.[...]
8 Challenges of Implementing Business Intelligence in Finance — and How to Solve Them
Business intelligence software has emerged as a key tool for data collection and analytics for BFSI companies, helping them get maximum value out of their data, improve decision-making and stay competitive. With the global business intelligence software market projected to reach $27.36 billion in 2024, as reported by Statista, t[...]
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Faces of Colorado Business: FirstBank
ColoradoBiz showcases the personalities behind the companies in a range of industries and in all stages of development, from startups to stalwarts. FirstBank, the largest privately held bank in the nation, boasts the tagline “banking for good” for a reason. The company has been a big proponent of doing what’s right for cus[...]
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Faces of Colorado Business: Bank of America
ColoradoBiz showcases the personalities behind the companies in a range of industries and in all stages of development, from startups to stalwarts. What would you like the power to do? At Bank of America, we ask this question every day of all those we serve. It is how we live our values, deliver our purpose, […]
How Millennials can Maximize Their HSA Benefits in 2024
Historically, those approaching or entering retirement have significantly underestimated their cost of living, particularly when it comes to healthcare. This trend is beginning to change, however, with younger generations getting ahead of future expenses by exploring a wider range of retirement avenues, including health savings [...]
What 2023 Taught Us About Investment Strategies, and What to Expect in 2024
2023 is officially behind us, and it is always helpful to look back at what worked throughout the year in order to position your portfolios for another successful trip around the sun. You’ll want to do this for taxes but also for income and investment performance as well. READ: How to Invest in 2024 — […]
CEO of the Year 2023 Finalist: Rich Benenson
Colorado is full of devoted entrepreneurs, business leaders and tech-savvy visionaries who are constantly taking the business world to new heights. It’s no secret that here, at ColoradoBiz, we love the Colorado business community. That’s why, every year, we spotlight the most impressive CEOs throughout our Centennial state a[...]
How to Invest in 2024: Insights from Wealth Managers and Stock Market Experts
Wealth managers have been busy lately, answering clients’ questions about how to build and preserve wealth amid stock market turmoil, high interest rates and recession fears. While advisers maintain that their advice depends on each client’s goals, risk tolerance, age and other factors, there is a recurring theme to their re[...]
An Essential Guide to Business Impact Analysis (BIA): What it is and Why it Matters
If a global pandemic has taught us anything, it is to expect the unexpected. In the business world, it is important to understand future possibilities, including worst-case scenarios, in order to minimize the impact on your business. This is where business impact analysis (BIA) comes in. But what exactly is business impact ana[...]
Tips for Inheriting a Business: Navigating the Emotional and Strategic Challenges
Inheriting a business can stir a complex mix of emotions. Amidst the grief of losing someone close, there’s often a sense of overwhelm, coupled with the realization of a significant opportunity. It’s a pivotal moment, demanding sensitive handling and strategic planning to navigate the future of the business you now f[...]
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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 [...]
