The End Is Near … Maybe?

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We may be getting close to “the end” of the Federal Reserve’s (“Fed”) interest rate hiking cycle. This week, the Fed increased the Funds Rate 75-basis points (a basis point equals 1/100th of 1%, or 0.01%). The Fed has increased rates 3.00% since March of this year from a range of 0.00% to 0.25% to 3.0% to 3.25%. But when will the Fed stop raising rates or reach the so called “Terminal Rate”. There’s been quite a bit of talk about the “Terminal Rate”, but what exactly is it and why should you care.

According to Market Watch, the Terminal Rate is “the peak spot where the benchmark interest rate — the federal funds rate — will come to rest before the central bank begins trimming it back.”  The key questions going forward are 1) how quickly Fed will get to there, and 2) how long they will stay there.

Based on the Fed’s Summary of Economic Projections, the Fed “expects”...

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Cash Flow: What It Means For Small Businesses


You've had your small business for a few years, and even through the pandemic, you’ve managed to stay afloat. You have products (digital or physical) on shelves, customers making purchases, and your books show profits. Even if it appears that you have a profitable business from the outside, however, one of the most critical indicators of success for small businesses is that they maintain a healthy cash flow.

So, what does your monthly cash flow look like?

Most small business owners are heavily involved in their business finances- You probably spend a decent amount of your time tending to accounts payable statements, reviewing your accounts receivable reports, and monitoring how much cash is in your bank account. These financial tasks are essential to creating a positive net income, but checking your bank account balance doesn't give you the figures you need to manage cash flow properly.

Instead, you need to be monitoring the most crucial yet most widely...

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