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My Homebank Blog

The importance of an emergency fund for your business

The Importance of an Emergency Fund for Your Business

  Having an emergency fund for your business provides a safety net to weather the bad times and confidently invest in your business in the good times. Though you can plan for some business risks (such as business seasonality), any number of unforeseen emergencies can impact your business, including a key employee leaving the company, […]

Calculator to be used for payment plans

Top 5 Reasons Why Payment Plans Work

  Giving the customer options is always a benefit. A benefit for them as well as for your business. Your products or services are priced according to the value of your investment, as well as the value the customer gains from using them. Providing payment options to your customers amplifies the customer value, elevates your […]

Being a good corporate neighbor

Being a Good Corporate Neighbor

A good corporate citizen and neighbor comes in various forms and degrees of success. Employees and customers are evaluating their opinion and support of companies based on their total societal impact (TSI), a culmination of benefits to society and a company’s products, services, operations, core capabilities, and activities. Companies seeking long-term success must consider more […]

Attracting and Retaining Employees

Attracting and Retaining Employees

The costs of hiring and retaining employees can be some of the largest and most challenging a business or organization can have. Competing for talent in a tight economy can cost a company as much as 2.5 times an employee’s salary, and that is not including other soft costs; training expenses, decreased productivity, lower engagement, […]

How to embrace COVID-19 change for your business

How to Embrace COVID-19 Change for Your Business

In a world where remote digital teamwork has become the norm and conferences have gone virtual, where has that left your business? It’s no longer “business as usual” now that the world has been impacted by COVID-19. Every business, no matter the industry or size, has somehow been affected by the pandemic. Embracing change for […]