Category: Business Finance

Does Your Company Qualify as a Small Business?

Young male business owner looks out window in shop

The term “small business” is more than just a title — it’s a government-defined designation that comes with unique benefits. If your company qualifies as a small business, it may be eligible for the Small Business Association’s programs, which include loans, grants and disaster assistance. Furthermore, the federal government sets aside contracts for competition among… Read more »

Success Story: Wells Brothers and Minster Bank, a Commercial Banking Partnership

Executive team of wells brothers of anna ohio with plant funded by minster bank and red wells brothers trucks

Since its inception in 1988, Wells Brothers of Anna, Ohio, has been a family owned business. Incorporated in 1989, Wells Brothers’ President is Curt Wells, his brother Jerry is Vice President and Curt’s wife Sandy is the Secretary and Treasurer. The company began with electrical and HVAC residential services, and now primarily focuses on the… Read more »

Financial Tips for Young Entrepreneurs

Young female entrepreneur working on laptop at her desk

No matter how old you are, the entrepreneurship bug can bite and give you the itch to start a business. If you’ve been working for some time, you probably have some experience in the industry you’re launching into and have spent time in the business world. However, if you’re younger, there’s more for you to… Read more »

Growing Your Small Business: Short-Term vs. Long-Term Loans

Small business owner looks over loan paperwork

If you own a small business, you know you sometimes need a hand when the market changes or when unexpected costs arise. Or, maybe you need a boost to push your company’s growth to a new level. In both instances, short- and long-term business loans can be helpful. Learn more about these two loan options… Read more »

How to Decrease Costs for Your Business: A Visual Guide

Man researching ways to decrease costs for his business

With a bit of thought and creativity, you can decrease costs for your business in ways that won’t disrupt your goals or productivity. In fact, careful cost-cutting could even help your company operate and serve customers more effectively. A Visual Guide to Cutting Costs for Your Small Business Get More Small Business Success Tips from… Read more »

4 Tips for Starting a Successful Etsy Business

Whether you’re a jeweler, graphic designer, carpenter, or vintage toy collector, popular digital platform Etsy makes it’s easier than ever to get the word out about your products. Etsy is a marketplace designed for unique handmade or vintage items. Once you find something you’re passionate about and enjoy creating, you’ll want to focus on originality,… Read more »

The Practical Guide to Data Security at Your Small Business

protect yourself from cyber security

Did you know that 43 percent of all data breaches happen to small businesses? Just because you’re small doesn’t mean you’re not at risk for a cyberattack. Help reduce your business’ risk of data breaches by implementing these strategies. Where to Start with Cybersecurity The first step in protecting your business from cyberattacks is awareness…. Read more »