Articles by Glen McCall

While it’s slightly off-topic for this particular column, I’m compelled to share a story that recently took place at a local bank. At first, this customer’s visit seemed routine, as he just wanted to deposit a check. However, the retail banker noticed something off about what was written in the memo line of the check. A deeper look into the customer’s account history revealed some inconsistencies and multiple checks from the same source labeled as payments for caregiving.

Understanding your business’s worth is not just a number on a balance sheet; it’s a strategic tool that can guide crucial decisions, attract investors, and drive growth. Whether you’re a seasoned entrepreneur or just starting out, grasping the fundamentals of business valuation is paramount. 

In an era where companies are increasingly recognizing the importance of sustainability, integrating eco-friendly practices into financial strategies has become imperative. Effective cost-cutting measures not only contribute to a company’s bottom line but also play a crucial role in promoting environmental responsibility.

Embarking on the journey of starting your own business is an exciting and challenging endeavor. Most communities offer a vibrant entrepreneurial ecosystem with ample opportunities for success. However, the process of launching a business can be complex and overwhelming, especially for first-time entrepreneurs. This article aims to provide you with essential guidance and direction to navigate the initial stages of starting your own business.

In an era driven by economic complexities and an ever-expanding financial landscape, a firm grasp of financial literacy has become indispensable. From managing personal finances to making informed investment decisions, understanding the terminology associated with finance is paramount.

In a world driven by profit and competition, the concept of purpose-driven business and conscious capitalism has emerged as a powerful force for positive change. As the giving season approaches, businesses can demonstrate their commitment to social responsibility and create a lasting impact on their communities. This article explores the significance of being a purpose-driven business during the giving season and how conscious capitalism can foster a more sustainable and compassionate business ecosystem.

For small business owners, ensuring the security of financial transactions and protecting against fraud is paramount. As technology advances, so do the methods employed by fraudsters, making it essential to stay one step ahead. Fortunately, banks offer robust fraud protection measures through their treasury management services.

As open enrollment season approaches, it’s time for employees and individuals to review their benefit options and make important decisions about their financial future. While healthcare coverage and flexible spending accounts often take the spotlight during this time, it’s equally crucial to consider qualified retirement plans and Individual Retirement Accounts (IRAs). These powerful vehicles provide a means to save for retirement while enjoying tax advantages.

Whether you’re applying for a loan, a credit card, or seeking financial assistance, understanding the fundamentals of credit evaluation is crucial. Lenders assess your creditworthiness using various factors, commonly known as the 5 Cs of credit. These five key elements provide a comprehensive framework for evaluating borrowers and determining their ability to repay debts.