The Essentials of Business


Five high-level bankers speak up on availability of small business credit

To prepare for a CNN interview on the 'freeing up' of small business lending, I had a very interesting discussion with:•    Director of SBA Special Assets with a national $282 Billion Bank •    CEO of

Posted Sep 16 2010 by Linda Keith

What business lenders can learn from ag lenders: Replacement of Assets

Last week I had the pleasure of spending two quality days with Greenstone Farm Credit Services in Michigan and Badgerland Farm Credit Services in Wisconsin. By the end of our two-day tax return analysis training,

Posted Aug 24 2010 by Linda Keith

NEW Complimentary eCourse on Balance Sheet Basics!

We are adding the section on Financial Statement Analysis to Lender's Online Training with a complimentary eCourse on Balance Sheet Basics. This joins 4 eCourses on General Analysis Topics, 15 on Tax Return Analysis and

Posted Jun 17 2010 by Linda Keith

5 Sources of Cash Flow to Pay Debt: What's your preference?

It clearly takes cash flow to pay down a business loan. There are five places for it to come from in a business:Cash flow from operationsCash flow from selling off assetsCash flow from borrowing money

Posted Jun 10 2010 by Linda Keith

Are you smarter than a 1st grader? Wants and Needs

In a Junior Achievement class with 1st graders, each student had two cards in front of them. One said 'Wants'. The other said 'Needs'.Their instruction...when I hold up a poster they have to freeze for

Posted May 27 2010 by Linda Keith

Maintaining "Business as Usual" in a Disaster: Are your business borrowers ready?

This information might be a good insert for your next business borrower email or newsletter. Did you know that 40 to 60 percent of small businesses never reopen their doors following a disaster? According to the

Posted May 20 2010 by Linda Keith

Rundown: Forbes.com 20 Most Profitable Small Businesses

Check out the Forbes.com listing of the 20 Most Profitable Small Businesses. Are your business borrowers on this list?Guess what? CPA firms top the list. Does this mean I should have stayed in public accounting

Posted May 06 2010 by Linda Keith

IRS Red Flags: Five ways a business increases chance of audit

According to TurboTax, here is your chance of being audited if you are:A Partnership, .4%An S Corporation, .4%A C Corporation, 1%An individual filing a Schedule C, 1.17%An individual filing a Schedule F, .6%Your chances go

Posted Apr 29 2010 by Linda Keith

GDP numbers not so rosy for small business

It is great to hear that things are looking up...but for whom? Community banks and credit unions engaged in member business lending are most interested in small- to mid-sized business. Government stimulus, greater exports and

Posted Apr 14 2010 by Linda Keith

Entrepreneur training and SBA loans for veterans...

The U.S. Small Business Administration has announced the SBA's Patriot Express Pilot Loan Initiative for veterans and members of the military community wanting to establish or expand small businesses.  Eligible military community members include:  

Posted Mar 24 2010 by Linda Keith