Taking on debt, such as a loan or a line of credit, can provide a business with the cash it needs to expand or fund a new venture. Here’s what you need to know about when and why it can make sense to take on business debt.

The $2 trillion stimulus plan recently signed into law is designed to help mitigate the economic fallout of COVID-19, but what does it mean for you? Here are some important details you need to know about The Coronavirus Aid, Relief and Economic Security Act (CARES.)

(Woodbury, MN – December 10, 2019) Ideal Credit Union will host a no-cost Retirement Planning for Business Owners webinar from 11:30 a.m.-1:00 p.m. on Wednesday, December 18, 2919. Join Ideal’s Business Relationship Specialist Josh Anderson and Senior Wealth Advisor Craig Lundquist*, who will cover topics to help business owners answer some of the most basic questions surrounding retirement planning, including: what does retirement mean to you, when do you plan to retire, how long will your retirement last and more.

Keeping good records is an important part of running a successful business. This applies to all businesses, whether you have a couple dozen employees or just a few. Here are some questions and answers from the Internal Revenue Service (IRS) to help business owners understand the ins and outs of good recordkeeping.