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Stories from the bank: “Your money can work HARDER than you do”

I had a conversation with a wealthy married couple who wanted to borrow money to renovate two houses for quick resale. They were both financially savvy, and the wife was a talented decorator. At first, they asked about a mortgage to do this, hoping to hold the mortgages for a short period of time and Read More

What Exactly is a PLLC?

What Exactly is a PLLC? A Professional LLC, or PLLC is designed for licensed professions such as accountants, engineers, attorneys, architects, or doctors. LLCs allow for certain tax benefits and limited liability, but if a license is required, an LLC is not allowed. PLLCs allow these licensed but regulated professionals an opportunity to gain the Read More

“Save Your Business” Emergency Planning Series Part 2 -Terrorism

On a late Saturday afternoon in June, 2016, employees at Orlando’s Pulse nightclub were preparing to open for the night. A DJ set up the booth and checked sound, bartenders prepped the bar area, the club was cleaned and ready to open. Neither employees nor patrons had any idea what was about to happen later that night. At Read More

“Save Your Business” Emergency Planning Series Part 1-Prepare Your Business

Emergency planning…really? You have a business to run and grow, so who has time for planning? Simply put, a small amount of planning in advance will save you in the event of disaster, and can get you back up and running in a very short time. In fact, that can be a powerful competitive advantage, Read More