The Source

This week in The Source

Seven Smart Reasons to Open a Business Banking Account

5 minute read

August 29, 2023

It's not uncommon for sole proprietorships to co-mingle personal and business accounts. Many self-employed freelancers, tradespeople, or domestic workers may often find it easier for their clients to pay them via Venmo, or Zelle, for...

Thought Leadership

CTO, Kevin Ruthen, discusses: AI is Not Your Bogey Man

6 minute read

August 22, 2023

Scroll through some recent headlines and you may start to think that Artificial Intelligence is as great a threat to the globe as climate change, radical politics, or the (wholly hypothetical) return of Barney the...

Small Business

It's Time to Think Harder about HR Management

5 minute read

August 15, 2023

It's a scene you could have never imagined happening at your firm: A star employee is accusing his coworker of harassment and is promising to sue. Now what? Frantically, you call your lawyer at 10...

Small Business

What Makes a Family Business Succeed?

4 minute read

August 8, 2023

Ever notice how TV shows about family businesses are typically full of high drama? Whether it was the classic, "Dynasty," or more recently "Succession," a family business can be a setting for high drama and...

Small Business

How Will You Structure Your New Business?

4 minute read

August 1, 2023

DBA? LLC? Sole proprietorship? Knowing the basics of business structure keeps you from getting stuck in the weeds. The concept of choosing a structure for your small business can be confusing. If you asked the...

Thought Leadership

Fora Financial VP Sales, Michael Hollander speaks about: Closing the Customer Satisfaction Gap

6 minute read

July 19, 2023

For three years now, my sales team and I have worked with many small-business clients hit by the pandemic and/or inflation. They've stared down challenges such as finding and paying for inventory, maintaining staff, and,...

Small Business

Make Your Seasonal Business a Year-Round Success

3 minute read

July 18, 2023

In theory, a seasonal business owner should look forward to the off-season. With the hustle of those busy peak months behind you, what better time to focus on long-term projects like renovations or a new...

Small Business

Prepayments Plans Beat the AR Blues

4 minute read

July 11, 2023

Any business owner who spends time and money resolving delinquent invoices understands the value of prepayment agreements. But in addition to cutting AR overhead, prepayments can be a boon to your firm's cashflow. They'll also...

Small Business

Six Questions to Ask Before Cancelling Your Business Credit Card

3 minute read

July 5, 2023

With interest rates continuing their rise, many business owners may be inclined to ditch their plastic. Are they on to something or jumping the gun? The average APR on a business credit card has climbed...