MNP Library
Are you looking for key resources to help you grow? Our articles provide you with valuable information on a wide range of corporate finance issues. To access these articles simply click on your area of interest in the navigation panel to the left.
Behind every well-run business there are people and processes. Behind every struggling business there are people and processes. The very same components that make one company successful are also present in those that struggle to get by.
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People can easily relate to each other when they work in the same industry. They are able to commiserate about their businesses because the players share comparable experiences.
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Not all risk management plans are equal. Now, many businesses are throwing out the old models and adapting new, stronger and far more comprehensive plans. The problem for many small to mid-size businesses—who lack economies of scale—is where to start.
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If you are a business owner, you’ve invested years of your life and significant financial assets into developing a successful enterprise. But without a strategic approach to business succession planning, any value you’ve built may retire when you do. That’s why it’s important to have an exit strategy.
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As an accountant, providing you with an “official” score sheet for your company’s performance is just a small part of what we can do and isn’t the only approach to determining financial performance. This year, rather than asking your accountant “how did we do?”, try asking “what do we need to do to be more successful?”
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Responding to the needs of your member community and fostering these relationships is not only critical for maintaining your credit union’s current membership. Introducing innovative and value-added services can strengthen member relationships and provide a return on investment for your credit union.
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