Pinnacle Bank
P.O. Box 430
Elberton, GA 30635
Here’s what you need to know about your new cards – take a look at the below infographic:
Could you increase profits by operating from an enhanced cash position? We would like to introduce you to a program that puts you on all-cash basis by providing working capital for your receivables from a local financial institution! The program, called BusinessManager®, provides companies with immediate cash for their outstanding accounts receivables. More than 30,000 businesses have discovered that this program is the key to running and growing their businesses more effectively.
Unlike a traditional line of credit secured by receivables, BusinessManager® converts your accounts receivable into liquid cash by bridging the gap between your payable due now and the receivables that are not due from your customers for another 30 days.
1. Improve Cash Flow – With predictable cash flow, you can make payroll, remit payables on time, increase inventory, and pursue new business opportunities.
2. Grow Sales – Pursue larger contracts and/or new customers that you otherwise could not accommodate due to limited working capital.
3. Save time and money – Take advantage of prompt payment discounts from suppliers and get back to doing business.
4. Offer financing to your customers – Sharpen your competitive edge by offering flexible payments terms.
5. Increase your Bottom Line – Enhance profitability by increasing sales and reducing costs! Having cash on-hand can make all the difference.
Here are a few more reasons you should look into BusinessManager®:
Contact one of our business banking experts to see if BusinessManager® is right for you!
From an original article by Derek Walter, Business News Daily
As Facebook continues to evolve, some things remain the same – Facebook is a powerful and effective way for you and your business to connect with and market to customers. How do you maximize that opportunity?
Let’s look at some tips that can help make your Facebook page more robust and engaging:
For many more tips on using Facebook to build your business, read the full article.
From an original article by Heartland Payment Systems
The good news is that the implementation of EMV chip-enabled cards is making a positive impact in the battle against credit card fraud. However, unless you are one of the 2 million merchants nationwide that have fully made the switch to EMV smart payment card technology, your business is still vulnerable to costly chargebacks. In fact, fraudsters are actively seeking out non-EMV enabled businesses, racking up charges that will eventually be charged back to your business.
What you may find equally shocking is that it’s possible that fraudsters have been scamming your business for years without you knowing about it. Until recently, the issuing bank was taking the loss. Now, your business will be held liable if you haven’t upgraded to EMV.
If upgrading to EMV isn’t an option for your business, there are still some steps you can take. To learn what you can do to defend your business against credit card fraud, read the full article.
From an original article by Sammi Caramela, B2B writer
So, how are those New Year’s resolutions going? Many of us start the year with intentions of eating healthier and getting in shape. If things are not going as you had planned, don’t worry, you’re not alone.
It doesn’t help that most professionals work desk jobs. However, there are some ways you can stay active and burn calories without having to carve a big block of time out of your schedule:
It doesn’t take much time or effort to fit helpful exercise into your busy daily routine. With a little creativity and planning, you’ll be back on-track to achieving your fitness goals. To learn more about staying active in the office, including a suggested “desk workout” routine, read the full article.
Brought to you by the American Banking Association
As Americans begin the process of filing tax returns, identity thieves are scheming to get their hands on that money. Tax identity theft has been the most common form of identity theft reported to the Federal Trade Commission for the past five years.
Tax identity fraud takes place when a criminal files a false tax return using a stolen Social Security number in order to fraudulently claim the refund. Identity thieves generally file false claims early in the year and victims are unaware until they file a return and learn one has already been filed in their name.
Follow these tips to help prevent tax ID fraud:
If you believe you’re a victim of tax identity theft or if the IRS denies your tax return because one has previously been filed under your name, alert the IRS Identity Protection Specialized Unit at 1-800-908-4490. In addition, you should:
More information about tax identity theft is available from the FTC at ftc.gov/taxidtheft and the IRS at irs.gov/identitytheft.
From an original article by Adam Toren, Entrepreneur Magazine
Now more than ever, it’s easier for small businesses to maintain an effective presence through the use of social media, e-commerce, and Internet marketing. Using them successfully hinges on being current and informed on trends.
Here are some you should know:
These are only a few of the top small-biz trends. For a more in-depth look at these trends and others, read the full article.
From an original article from Harland Clarke
Fraud Prevention is essential, especially during the holidays. Fraud can damage any business, but the impact on small businesses is especially devastating. Many never recover from their losses. With a majority of us preferring to shop online for gifts, it’s easy for you and your business’ security to be breached. Are you doing everything you can to protect your company?
These are only some of the steps you can take to avoid fraud. For further details on these tips, plus five more steps you can take, download this PDF.
At Pinnacle Bank, we want to ensure that you have all of the tools to be prepared for Fraud Prevention and Cybersecurity – here are a few additional resources to learn more ways to stay protected.
Cybersecurity for Small Business: Ways to Stay Protected
FDIC Consumer News – Winter 2016
Business E-Mail Compromise: The 3.1 Billion Dollar Scam
A Public Service Announcement from the Federal Bureau of Investigation
From an original article by Rieva Lesonsky, U.S. Small Business Administration
When you think of holiday promotions, it’s retailers that most often come to mind. However, whether you own a store, restaurant, service provider or even a B2B company, smart marketing can play a huge roll in increasing holiday sales, too.
There are many more tips we have to share with you. For the complete list of creative ideas for promoting your business during the holidays, click here.
Successful leaders are always looking to learn more. Whether you are an aspiring or existing entrepreneur, Money Smart for Small Business (MSSB) covers a variety of topics related to starting and managing a business.
The curriculum can be downloaded or ordered in CD format. Each module includes an instructor’s guide, participant workbook, and PowerPoint slides. Best of all, it’s free! For more details or to get started, click here.
It is important to us that all individuals have access to the information contained within our documents. However, please note that some documents, particularly PDF files, may not be fully compatible with screen reader software used by individuals with visual impairments or other disabilities.
If you encounter any difficulties accessing or navigating our PDF documents, we are here to assist you. Please contact Pinnacle Bank at 877.759.7939 for further assistance or to request an alternative format of the document.
We are committed to ensuring accessibility for all individuals and appreciate your understanding and cooperation.
