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Welcome to the new Compass BusinessClass Newsletter, a monthly newsletter designed to give you one-click access to articles and information to help you and your business. We encourage you to contact us with any comments or suggestions about how we can make it more useful.
Coming soon, new enhanced online business banking.
While we’re on the subject of new things, we want to let you know that in June we’ll be rolling out Compass BusinessClassSM Online. That’s right: we heard you, and BusinessClass Online is on its way. Compass BusinessClass Online offers additional functionality that makes it an indispensable tool for managing your daily business banking, including the ability to:
- View loan accounts
- Make loan payments
- Place stop payment orders
- Receive account alerts
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- Control and manage employee access to online banking
- Send wire transfers
- Set up direct deposit payroll
- Send tax payments
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Avoid Tax and Accounting Pitfalls
You can avoid tax and accounting pitfalls by taking a few minutes to walk through this quick, step-by-step guide. Access valuable information about setting up accounting systems, extending credit, keeping financial statements, and get important details about business tax obligations.
Credit Line as "Cash Flow Cushion"
Learn more about smart ways you can maximize the advantages of a line of credit and how lenders determine how much credit business borrowers can get. Also find out, from a lender’s perspective, how to best manage your line of credit.
Accounting Industry: The Numbers Game
With the tax season in full swing, accounts are crushed for time and in need of all the hardware and software help they can get. In this industry-specific article, Stephen Bon offers busy accountants some useful hardware and software suggestions that can help them better manage their business.
Drawing on Your Business Assets: How Much is Too Much?
Get valuable information about how to diversify and allocate business assets wisely to maximize tax savings, attract and retain valuable employees, and protect the financial future of both you and your business.
Planning Puts "Success" In Business Succession
There’s no time like the present to take a hard look at your business exit strategy. Find out how to take those first steps – both emotional and financial — to ensure the transition goes smoothly, even if it’s years from now.
The Advantages of Family Limited Partnerships
Find out how a Limited Family Partnership can help consolidate and protect family wealth, facilitate gifting to children, possibly offer discounts on gift or estate taxes, and maybe even lower aggregate investment management fees.
Compass Bank
Business Banking
15 South 20th Street, Suite 1202
Birmingham, AL 35233
Phone: 205-297-3305
Fax: 205-297-3702
www.compassbank.com
Opinions expressed are those of the author(s) and do not necessarily represent the opinions of Compass Bank.
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