Monthly Archives: August 2014

Even critics of the euro didn’t see this coming

Recent studies show that the trade boost between eurozone countries didn’t turn out as expected Even long-term critics of the euro — the European Union’s single currency shared by 18 European countries — expected that a single currency would boost trade among participants by reducing conversion costs and exchange rate fluctuations. This was one of…

Export Financing Programs to Help Grow Your Business

Tapping into international markets is one way to expand your customer base and grow your small business exponentially. However, small businesses face many barriers to exporting including high shipping costs, unfair trade policies by other countries, cultural differences and other challenges. To help small businesses overcome these obstacles and mitigate the risk of exporting, the…

‘Best Practices’ for Your Web Presence Depend on Your

When it comes to creating an online presence for your business, there are a few generally agreed-upon standards across all industries: a well-designed website, social media accounts and responsive customer service. But if you’re following a set of broad guidelines like these without considering your specific business needs, you may be missing the mark. “Not…

6 Ways to Make Time Your Friend

Business people are constantly in a hurry. They have no shortage of justification. They want to get the new product out fast and be the first to market, or be the first mover in tech, orbuild sales quickly before they run out of cash. For those reasons, many have a pretty tense relationship with time. They…

Million-Dollar U.S. Housing Loans Surge to Record Level

Banks are handing out mortgages of as much as $10 million to the wealthy in record numbers while first-time homebuyers struggle to get loans. Erin Gorman, managing director at Bank of New York Mellon Corp., said she’s fielding more requests for home loans of at least $2 million than ever before. She recently provided a mortgage of more…