Blog

Every Business Needs a Continuity Plan

July 25, 2023

Do you have a continuity plan? Gosh, we hope so. If the past few years have taught business owners anything, it’s to expect the unexpected. While business disruption is never easy, having a business continuity plan in place can ease some of the stress and financial hardship when a disaster occurs. The plan outlines protocol […]

7 strategies to help prevent business fraud

September 4, 2022

With an emphasis on online sales, curbside and delivery services, and remote work environments, businesses have adapted to comply with health and safety regulations. This shift has created a golden opportunity for scam artists and criminals specializing in business fraud.

The Financial Analysis: what it is, and why every small business owner should be doing it

January 30, 2020

Angelo DeCesaris, Vice-President and Business Relationship Manager at Fidelity Bank in Kingston, explains the basics of financial analysis and why regular evaluation is critical to the success of every small business.

Turning Your Business Idea into Reality

September 8, 2016

Fidelity Bank is dedicated to helping local business to succeed. Recently we invited Matt Orr, Owner of Orr Industries LLC along with Michelle Pane, Business Relationship Manager at Fidelity Bank, on our radio show, “Fidelity Bank – On Business” to share some of the ways to successfully implement your business idea.

How Do You Finance Your Business

July 7, 2016

Financing is essential for starting a business, growing a business and continuing to prosper. Without lending and obtaining business credit, a new or existing business will struggle to reach their goals. In order for a lending institution to grant a loan or extend business credit, the business owner will have to prove their personal credit worthiness and show that they possess the needed skills and appropriate business plan that will lead to success.

Cyber-Security and Your Business

April 12, 2016

We all love today’s advanced technology, especially to help manage a business, such as iPhone apps, online and mobile services, social media, etc. With all of this advanced technology comes the issue of security breaches.

Tips to Manage Your Business Cash Flow

March 24, 2016

The #1 obstacle for small business owners is managing cash flow but with careful planning, discipline, and good financial management tools you can get over the hurdle much easier.

Borrowing Basics and SBA Loans

March 2, 2016

The Small Business Administration (SBA) is a vital financing tool when starting or growing a small business. The SBA is a government agency that provides support to maintain and strengthen small businesses.

Tips to Master Tax Season

February 8, 2016

With tax season in full swing, we can all benefit from additional tips, knowledge, and insight to help improve the financial outcome of our tax returns. Whether you visit an accounting professional or calculate your own tax returns, this three month period can be a stressful time.