Business Resources Library

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Steps to improve employee engagement

One of the key factors to running a successful business is knowing how to engage and motivate your employees. Having an engaged workforce can promote employee retention and productivity, foster customer loyalty and improve organizational performance. While some methods of employee engagement, such as raising wages and offering more expansive health and retirement benefits, aren’t always possible for every small business right away, there are many simple and cost-effective ways that [...]

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Balancing Motherhood and Entrepreneurship

As the founder and majority owner of North East Atlantic Construction (NEAC), Nury Gomez knows a lot about the importance of building solid foundations. As she’s grown a successful business, she’s also learned that for women to balance the challenges of both motherhood and entrepreneurship, it’s essential to build solid foundations in their personal lives. Taking the leap Although she was formally educated as a journalist, Nury had long been interested in [...]

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Working with a CPA

Your small business’s financial statements are like diagnostic tools that provide information on the health of your business. That’s why it’s not only critical that you understand them, but that you also work with a certified public accountant, or CPA. CPAs can ensure that your financials are accurate and advise you on ways to make your business more financially strategic and profitable. In this article, we dive into the role of a CPA in your business, and key questions to ask [...]

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Earth day

Individually and collectively, small businesses are taking the steps to reduce unnecessary waste and ramp up sustainability efforts. From going digital to switching to energy-efficient equipment, these simple steps can have a profound impact on the environment and can also help increase your business’s operational efficiencies and bottom line. In honor of Earth Day, Excelsior Growth Fund is encouraging business owners to look into small changes they can make today to implement [...]

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The Small Business Banker’s Guide to Alternative Financing

When your clients need financing to grow their businesses, they turn to you to help them find the product that will best fit their needs. For those that don’t qualify for a bank loan, alternative financing may be a good solution. To help you better navigate the alternative lending landscape and find the best financing options for your clients, we’re sharing our recently updated guide to alternative financing. This guide highlights several alternative financing options available [...]

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