Hawai‘i Voices: Your Money, Your Kids, Your President
BOSS Survey of business leaders and 808 Poll of the general public ask people about their personal finances, their children’s education during the pandemic, and Biden vs. Trump.
Finance
Local Companies Remain Weak on Revenue, Profit and Employment
BOSS Survey of 447 business owners and executives finds lackluster performance on all three measures for most local companies
Central Pacific Bank says Rebranding Reflects “Digital-First Mindset”
Central Pacific Bank, which unveiled a $40 million renovation of its downtown Honolulu headquarters on Jan. 26, has also launched a rebranding campaign.
Investing in People, Companies and the ʻĀina
The pandemic accelerates new ways of lending, financing and investment in the Islands.
What Does it Mean to be a CDFI and a Credit Union?
Two local CDFI-certified credit unions say the certification gives them access to additional funding and resources from the U.S. Treasury Department’s CDFI Fund.
Deep Dive: Impact Investing
Four elements that define this practice and how you can get involved.
Hawai‘i Economics and Economists in the Spotlight
Local public debates often include economic information and analysis, but the pandemic and resulting economic crisis have intensified the demand for real-time data and understanding.
5 Steps to Maintain Your Credit During Divorce
Sadly, over 50% of marriages end in divorce. As part of the divorce process, many of the people involved are either buying or selling a house, or both. It’s not surprising then that divorce lending professionals are a trend in…
Protecting Your Business's Biggest Asset: You
Provided by Geal Talbert, CFP®, CEPA®, and Brandon Park, CFP®, CEPA® There are many considerations for owners during times of uncertainty – safeguarding employees, limiting operational disruptions, and protecting the assets of their companies. Oftentimes, the biggest "asset" of a…
Thinking About Selling Your Business?
What is the Business Succession Group? Based on the "State of Owner Readiness Survey" conducted by the Exit Planning Institute in 2013 76% of business owners state they would like to transition in the next 10 years, while 48% indicated…
Surveys Reveal Hawaiʻi's Retirement Planning
We are continuing to publish stories researched and written before the COVID-19 crisis, such as this one. The BOSS Survey interviewed 433 business representatives statewide; the 808 Poll reached 473 adult members of the general public statewide. Respondents to…
Virtual Interview on COVID-19: Bryan Luke, President and CEO, Hawaii National Bank
How are you coping amid the COVID-19 crisis? Like most businesses in Hawai‘i and around the world, we have had to change certain aspects of our operations to ensure the health and safety of our customers, our employees and our…
Virtual Interview on COVID-19: Steven J. Teruya, President & COO, Finance Factors
How are you coping amid the COVID-19 crisis? We are doing relatively well under the stressful circumstance in maintaining constant communication with our employees, customers and stakeholders Did your business continuity plan work or were there surprises? Yes, it worked.…
5 Steps for Preventing Fraud
Today’s digital world can be fun and convenient, but the technology you use every day is complex and vulnerable and must be properly managed so you don’t lose money, information and much more. Vance Jones, chief information security officer at…
Cybersecurity Tips to Protect Your Money
Cyberattacks on consumers have become all too familiar news, and bank accounts are often targeted. We encourage consumers to follow the tips below to keep their bank accounts cyber-secure: 1. Keep contact information current. When transactions appear suspicious, banks can…
Stay on Top of Your Business with Good Bookkeeping
Accurate bookkeeping gives you a clear picture of your company’s finances so you can budget, plan and pursue your financial goals. Here are a few best practices for small business bookkeeping: 1. Be proactive about reviewing and reconciling. Promptly review…
Electronic Payments With ACH
ACH (Automated Clearing House) payments are authorized electronic funds transfers between financial institutions that credit or debit an account. Electronic payments can save your business time and money. Some of the benefits of ACH payments: There’s no need to write…
A Merged Vision.
It All Starts With Yes. [Sponsored]
Throughout our rich 160 year history, we believe that healthy and vibrant communities benefit us all and that by working together we can build a better Hawaii. It is by starting the conversation with one another that we can start…
The Value of Financial Audits for Fast-Growth Firms
Q: What is a financial audit? A: Before launching a growth strategy, an akamai CEO launches a financial audit, which is not listing QuickBooks accounting errors. Rather, it consists of 20 to 25 questions and is completed by the CEO,…
5 Steps to Planning a Retirement Timeline
Retirement planning is challenging, but these tips for creating a timeline can help your savings stay on track at every stage of your life. 1. Set an income goal – and realize it could change. It’s important to set goals…
Dental Practice Acquisition
Starting up a new dental practice can be risky due to the high level of competition and large start-up costs. Alternatively, acquiring an existing practice has many advantages including goodwill in years of service to the community, inheriting an established…
Wealth Strategies
“Pay yourself first” – this may be the best thing you can do to build financial wealth. Navigating the right path toward this best practice and others is critically important to protecting and growing your assets. These experts will help…
Taking Advantage of Aloha
Financial abuse takes many forms in the Islands It’s the plot to countless Victorian whimsies: Some accidental mix-up at birth is unveiled or a rich but distant relative dies and leaves you millions. And though ticketless lottery wins, secret inheritances,…