7 Benefits of Turning Your Company Into An ESOP
Published: 12/09/2024
An Employee Stock Ownership Plan (ESOP) is a powerful and often overlooked tool for business owners looking to sell all or part of their business. ESOPs transfer business ownership to employees through shares of stock held in a trust. Employees aren't personally responsible for buying shares in the company; the stock is purchased with company funds. Companies that have converted to an ESOP report positive impacts on management, employees, and overall company performance.
Protecting your Idaho Business Against The Rise in Payment Fraud
Published: 12/09/2024
Much in the world has changed since the pandemic that began in 2020, including the ways that we do business. One of the lasting effects is the rise in electronic payment methods being used by companies of all sizes across the globe. This doesn't just refer to your clients' and customers' payment methods. Business-to-business transactions are largely electronic as well, leaving your business more exposed to scammers, phishing attempts, and payment fraud.
Introducing Your New Idaho Trust Bank Contactless Debit Card
Published: 09/09/2024
At Idaho Trust Bank, we?re always striving to provide our clients with cutting-edge banking solutions, and we?re excited to introduce our new contactless debit card. This upgraded card offers enhanced security features, greater convenience, and the ease of making quick tap-and-go payments wherever contactless technology is accepted.
9 Facts About Getting An SBA Loan in Idaho
Published: 08/20/2024
Learn 9 Facts about SBA Loans and how to best secure an SBA loan for your Idaho business.
Market Insights | August 2024
Published: 08/06/2024
Most major stock indices have experienced a decent first half of the year. The healthy results were due in part to expectations that inflation pressures had subsided. Notably, the strong performance of the S&P 500 & Nasdaq indices was driven by a small group of large-capitalization stocks.