Running a Business


First Southern National Bank has partnered with Banzai to bring you clear, in-depth lessons to help you dive into the financial topics you care most about.

Playing the long game in business and life

2022-03-17T14:11:01+00:00March 2nd, 2022|

There is an oft-repeated urban legend that when asked to name the greatest invention in human history, Albert Einstein simply replied, “compound interest.” Depending on the source, perhaps he called compound interest the 8th wonder of the world. What he actually said does not matter. We all know that compounding is a powerful thing. As a banker,

Workplace Cybersecurity

2024-01-02T21:48:02+00:00November 4th, 2021|

Coach: Workplace Cybersecurity HOW IT WORKS Interacting with technology at work is almost impossible to avoid. Do you know how to keep safe from the threats of malware, hackers, and scammers? It only takes one little slip-up to cause a big problem. This Coach session works like a training session, quizzing and improving four areas within your personal

Business Structure Quiz

2024-01-02T21:14:35+00:00August 30th, 2021|

Coach: Setting Up Your Business HOW IT WORKS When you are setting up a business, the structure you choose for your business will impact your tax bill, ability to attract investors, liability, and more. This hybrid Coach and quiz allow you to learn about and compare the four most popular business structures: sole proprietorship, partnership, LLC,

  • graphic illustrating attracting new employees

Attracting Employees

2020-06-30T20:14:04+00:00June 30th, 2020|

By knowing what you’re looking for in an employee and providing incentives to attract skilled candidates, you can create a strong team. Your Role Many businesses, both big and small, offer the following incentives to their employees. First of all, most potential employees look for a company that offers a well rounded

  • graphic of health benefits

Health Benefits

2020-06-30T20:03:11+00:00June 30th, 2020|

Offering health insurance can benefit you and your employees. Health insurance has changed dramatically in the last few years, which means you'll have to consider various healthcare options. It’s common practice for small businesses to include health insurance in an employee benefits package. And since group plans are generally cheaper than an individual policy,

  • graphic of two employees talking

Keeping Your Employees

2020-06-30T18:46:50+00:00June 30th, 2020|

Creating a strong team is key to your company’s growth. You’ve found an ambitious, hard-working group of employees to help make your business a success. Now your challenge is to create a motivational, exciting, and productive workplace. As an employer, it’s important to stay aware of your employees’ feelings about their jobs, as

  • graphic with buildings

Funds to Build Your Business

2024-01-02T21:49:00+00:00June 30th, 2020|

Growing a business requires a steady flow of money. Building a business costs money—usually more than you can generate from your operating revenues. Whether you’re adding a new truck to your fleet, building a new housing development, or creating software, you’ll need money to turn these plans into reality. It might help to

  • man signing document at a bank

Documentation for SBA Loans

2020-06-30T18:48:06+00:00June 30th, 2020|

The Small Business Administration (SBA) is a US-based institution which helps reduce risk to lenders, making it easier for small businesses like yours to get a loan. Loans backed by the SBA ("SBA loans") provide many benefits to small businesses, including long repayment options with reasonable interest rates. They also help lenders by

  • line drawing of storefronts

Professional Help with Your Business

2024-01-02T21:50:51+00:00June 30th, 2020|

Although it’s tempting to believe you can run a business on your own, it’s usually a good idea to get professional help. EXPERT HELP Although it’s tempting to believe you can run a business on your own, it’s usually a good idea to get professional help. Hiring lawyers and accountants can help

  • man papering a wall with money graphic

Coach: Your First SBA Loan

2024-01-02T21:25:56+00:00March 19th, 2020|

Coach: Your First SBA Loan HOW IT WORKS Growing a business means you have to raise capital and SBA loans are one way to do that. Get ready to apply for your first SBA loan with this Coach session. Select Get Started to begin and follow along with the Coach. This session will help you evaluate how

  • man planning with papers on his desk

Coach: Basic Bookkeeping

2024-01-05T13:51:21+00:00March 18th, 2020|

Coach: Basic Bookkeeping HOW IT WORKS Owning a business means staying on top of financial reports and bookkeeping. Easier said than done. Well, it used to be. This Coach session will guide you through basic bookkeeping principles and provide a spreadsheet for you to create both a Profit & Loss Sheet and a Balance Sheet for your

  • stores in a line graphic

Asset Depreciation Calculator

2024-01-02T20:48:40+00:00March 13th, 2020|

Asset Depreciation Calculator HOW IT WORKS The value of an asset will most likely decrease over time. This means that many business purchases will need to account for deprecation in order to calculate the correct tax deductions each year. To achieve this, the cost of an asset should be spread evenly over its useful life; this is

Go to Top