Healthy Financial Habits For Your Business

CANFIELD, Ohio – Developing healthy financial habits is important for any successful business owner, and that starts with having timely information for decision-making.

That includes having financial or management reports that track things such as cash flow or weekly revenue, says Andrew Estock, director of commercial banking at Farmers National Bank.

Estock advises entrepreneurs to maintain a standard procedure in getting that information, such as weekly or monthly meetings with trusted advisers “to make sure that you’re staying on top of where the numbers are,” he says.

In the latest Farmers Financial Focus, Estock identifies what some of those trends are and how to take advantage of them. Watch the video here.