Recently, some of my coworkers at First Business Bank dove headfirst into the podcast pool and I’ve been enjoying their work. As you can imagine, over the past 30 years…
Whether your organization is anticipating the retirement of a senior executive or you’re building a framework for an eventual exit, it’s important to establish a management succession plan. Employees, board…
Aside from acquisitions and bankruptcies, leadership transitions often are among the highest-stakes events for organizations. Whether a crisis forces a replacement or you’re facing a long-known retirement, each transition presents…
Widespread vaccinations, easing business restrictions, and government stimulus are helping to spur the early stages of an economic boom that are leading many to draw a comparison to the Roaring…
As you navigate the longest economic expansion in modern times, data straight from your peers in our local business community is useful for planning and comparison. Now available, First Business…
Any method your business uses to pay a vendor, such as checks, Automated Clearing House (ACH) payments, or wire transfers, can be intercepted or manipulated to commit fraud. Check fraud…
Business succession planning — the process of thoughtfully planning ownership transition of a business — is still uncommon among businesses with fewer than 300 employees. In fact, fewer than half…
By Tom Dott, Senior Vice President – Commercial Banking As a generation of Baby Boomers gradually transitions from full-time work to pursue post-work adventures, those who own businesses are faced…
Business succession planning — the process of thoughtfully planning ownership transition of a business — is still uncommon among businesses with fewer than 300 employees. In fact, fewer than half…
Check fraud is on the rise. In fact, reports show that in 2019 74% of organizations experienced check fraud — a 4% increase over 2018. In this lively and informative…
DEAR SHAREHOLDERS AND FRIENDS OF FIRST BUSINESS BANK: 2021 marks a new chapter for many of us and that’s certainly true here at First Business Bank. As challenging as 2020…
By Marty Ferguson, Director of SBA Lending During the COVID-19 pandemic, with record job loss, the United States began experiencing an unprecedented spike in entrepreneurship. The U.S. government reports new…
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