Sprig The Word Blog

Does the threat of a cyber attack on your business keep you up at night? Hackers become more sophisticated in their tactics every year, and small businesses are increasingly targeted. Check out our latest blog to learn how to create a plan and protect your business from cyber-attacks.

As soon as the negative economic effects of the COVID-19 pandemic began fading from the headlines, buzz surrounding inflation and a potential recession took their place. Small businesses are again faced with challenges that require them to find alternatives to “business as usual” or risk shutting their doors. Fortunately, small business owners are discovering new ways to adapt to today’s market challenges by redefining what it means to maintain profitability during economic downturns. Keep reading to learn more about how small businesses are adapting to today's challenges.

Your entrepreneurial spirit may have unlocked the doors to a recent business venture, but an income statement might determine whether they stay open. An income statement is a record of the financial health of your business. It typically outlines revenue and expenses, making it easier to determine whether the company is operating at a profit or a loss over a specific time frame. Keep reading to learn more about income statements.

Opening the doors of a new venture often requires substantial capital. Even after operating a small business for several years, a lack of cash flow can limit growth opportunities. You might need external financial support to make your dreams of a new product line, facility expansion, or additional staff a reality. If you’re an Illinois small business, you have multiple funding options at your disposal.

Town and Country Bank is excited to partner with the SIUE School of Business and the SIUE Small Business Development Center (SBDC) to provide a free seminar on Advantage Illinois. The event aims to educate business owners in the Metro East on how Advantage Illinois and the Fund for the Advancement of Minority Enterprises (FAME) can help fund minority, women, disabled, and veteran-owned small businesses.

Learn the 5 C's of credit to improve your chances of securing a business loan that allows you to achieve your strategic goals and keep more cash in your bank account.

If you run a small business in Illinois, you probably already know how important your company is to the local economy and the employees who work for you. But, do you know who will replace you and other key members of the management team in the event of sudden death or planned retirement?

Town and Country Bank is happy to announce that Tim Robertson will serve as Branch Manager for the company’s Decatur location on North Main Street.

We've outlined five financial tools to help you manage everyday operations and finances, plan for the future, and realize growth.

In this article, we’ll cover 5 ways to diversify your farm that can help you protect against risk and cash flow issues, as well as making better use of your land and other resources.