Blogs

The end of the year can be an ideal time to look back at the progress your company has made and celebrate the collective effort that helped you reach your goals in the past year. After all, a key way to boost morale is to recognize past successes. But at the same time, it’s also helpful to start thinking about strategies for long-term business goal setting. Did your company miss any benchmarks this year? Gaps in your high-level strategic planning for the past year’s cycle are likely to blame. So, to bring about scaled growth, you’ll want to consider improving internal goal alignment across...

Anybody can make money in a thriving economy—but can they maintain profits during an economic downturn? As a small business owner, worries of an economic downturn might keep you up at night. Do you have enough cash on hand to cover your bills? Will next quarter’s product launch fall short of projections? Can you last for months on end if the market doesn’t recover quickly? Most likely, you want to avoid navigating economic uncertainty without a plan. One of the most proactive steps a business owner may take is to develop a strategic plan for challenging times. Imagine you’re a football coach...

No one can foresee what the future holds for any business but having business emergency funds available can help with keeping afloat during difficult times. Let’s dive into business emergency funds: what they are, how to calculate how much to save, how to set up an account, and strategies that may streamline the whole process. What Are Business Emergency Funds? An account earmarked for business emergency funds provides you with a nest egg to use for emergencies and new opportunities that fall on your business doorstep. Also called cash reserves, capital reserves, retained earnings, or...

The current economic environment is incoherent and unpredictable, and the gap between available labor and expected growth grows wider every day. A pivot in consumer behavior toward eCommerce seems to have led to a noteworthy overhaul of supply chain management processes. The traditional business model—with its focus on shipping bulk to stores and distribution centers—has been disrupted by eCommerce, requiring adjustments in operational structures and labor requirements. Warehousing has taken on a new role with much more expansive and complex operations. The eCommerce market in the United...

President & CEO, Lo B. Nestman, accepts executive leadership role with parent company. Head of Commercial, David Triplitt, named new President and CEO. Fresno, California – December 5, 2023 – Premier Valley Bank (PVB), a division of HTLF Bank (Heartland Financial USA, Inc., NASDAQ: HTLF), announced that Lo B. Nestman, President and CEO, has accepted a position with HTLF as Head of Retail, Marketing, Wealth Management and Private Banking. “Lo has delivered significant growth and provided leadership on numerous successful initiatives across the organization since joining the bank in April 2019,”...