Banknotes Blog


How We Became Lake Ridge Bank

We knew right from the start that one of the most important decisions we would need to make was what to name our new bank.

For a significant number of small business owners, having the available cash to run their company is a real concern. Fortunately, they have options.

Healthy relationships are vital to a business’s long-term success. Unfortunately, it is easy to take them for granted. Here are signs of decline to watch for.

Here are some tips to help prepare you for the financial risks you may face at each stage of your business’ life.

If your family’s business is transitioning roles from one generation to the next, an independent advisor may help provide a smoother process.

Not knowing the true value of your business could have profound implications for you and your family’s financial well-being.

There are many reliable, secure alternative means of sending and receiving payments that don’t rely on envelopes of paper hand-delivered to your mailbox.

Conventional wisdom among grief counselors holds that going through hard times does not create problems in a relationship. It amplifies them.

Every craftsman knows there are multitudes of ways to construct a beautiful piece of furniture. The same holds true for commercial financing.

Launching a business takes courage. Ensuring its success requires something more – namely, capital.

Here are some ideas to consider for safeguarding your cash flow and securing your organization’s financial position.

Key-person insurance should be considered to protect your business by giving you the financial wherewithal to regroup in the event of their loss.

This article is a high-level overview of fraud-related information that every business owner should know. We are sharing it here in its entirety.

There are tools that can help you create efficiency in your cash flow cycle. Where are you currently spending your time, and where would you like to?

Like many entrepreneurs, you probably started with little more than energy, confidence, and a clever idea. Life has changed a lot since then.

Do you know how the new tax law affects C-Corporations versus Pass-Through or S-Corporations? Learn the tax rate difference.

Better time management may be the solution to a team that doesn't have enough time in the day for business development and continued first-rate service.

When it comes to applying for a business loan, there are five things that every owner should do to secure the best one.

With employment rates on the decline, retaining employees is more important than ever. Small things can go a long way to keep your best employees.

When succession planning, don't just consider the impact on management style and corporate vision ... consider financial costs of the transition.

Customer experience is one of the top ways to retain customers. Learn about its five levers & how your sales team can give customers a great experience.

If you sell intangible products, your customers likely don't know if they are being well-served. But there's a solution to ensuring they know they are.