Understanding the Elements of the Franchise Disclosure Document (FDD)
As a potential investor, franchisee, or lender evaluating franchise opportunities, the Franchise Disclosure Document (FDD) is a key resource for understanding the structure and details of a...
Book Review: Who Moved My Cheese?
Who Moved My Cheese? by Spencer Johnson is a simple story that explores the impact of change in both personal and professional life. The book tells the tale of four characters—two mice,...
ACH Fraud Awareness: How to Protect Your Business
At Osgood Bank, we aim to keep you informed on all things related to ACH transactions—from how ACH works and its benefits, to fraud prevention and how businesses can integrate ACH into...
SBA Vs Conventional Loans
Small businesses often need funding to start or expand their operations, and there are different options available for financing. Two of the most popular types of loans are SBA loans and...
How To Get The Most From Your Bank: Insights from Commercial Loan Officer Robb
As a business owner, navigating the financial landscape can be both exciting and scary. Whether you're a startup entrepreneur or an established company, understanding how to maximize your...
The Fight Against Check Fraud
Washing Isn’t Just for Clothes Anymore Despite the decline in the use of paper checks, check fraud is still a major concern as criminals are finding new ways to exploit the system. In fact,...
Defining A Target Audience
Defining a target audience is an essential part of any marketing or communication strategy. It helps you focus your efforts and resources on the people who are most likely to be interested...
Beneficial Ownership Reporting Changes
In 2016, the Financial Crimes Enforcement Network (FinCEN) began requiring financial institutions (FIs) to collect Beneficial Ownership Information (BOI) for most business customers. The...
Helping Your Employees Save Money
While running a business you make more decisions by lunch then you ever thought possible. One of the biggest decisions you make is in the opportunity you have to make a positive impact on...