Comerica Financial Corner

flowershop
Wednesday, September 21st, 2011
Nothing tests a business owner's leadership skills more than a crisis. How one reacts when confronted with an urgent situation is a strong indication of their effectiveness as a leader.

"There are several qualities every leader must possess to successfully weather a crisis, whether they are the CEO of a Fortune 500 company or the owner of a small 'mom and pop' shop," says Matt Marchbanks, senior vice president of Business Banking for Comerica Bank.

Wednesday, August 31st, 2011
While vacations serve as great breaks from the daily grind of the working world, they can often make a larger dent in your pocketbook than planned. And, if you don't take a few precautions to protect your finances while traveling, especially abroad, you could fall victim to theft, fraud and a lot of headaches trying to recover your expenses.
loan app
Wednesday, July 13th, 2011
No matter what business you are in, there are times when borrowing money makes financial sense and often times, extra capital is needed to allow your company to grow.
Wednesday, June 22nd, 2011
Every business owner has, or at least has heard of, a business plan. It summarizes the operational and financial objectives of your business and gives a high-level overview of the operations of your company. Business plans are not only useful for planning purposes, but are oftentimes necessary to obtain financing and attract investors.
small business
Wednesday, May 25th, 2011
Family-owned businesses can be one of the most rewarding types of business, but also can be one of the most difficult to manage, especially when it comes to working relationships.
new mom and baby
Wednesday, April 27th, 2011
Increasing the size of your household by starting a family is exciting but also presents a new set of financial challenges. If you are considering expanding your family, organize your finances and plan for the extra expense of an additional family member ahead of time.
umbrella
Wednesday, February 16th, 2011
While it is important to plan for your financial future, preparing for the unexpected is also necessary. It is often the unforeseen illness or accident, or even more relevant, the recent economic crash, that catches us off-guard and strains our financial resources.
networking
Wednesday, March 16th, 2011
During these tough economic times, business owners are cutting costs to save money - especially small business owners. Advertising and marketing budgets are usually the first to be paired back, but obtaining new clients and maintaining steady business does not have to be negatively impacted.
money
Wednesday, January 19th, 2011
It is more important than ever before for our young people to know how to manage money. Although attitudes toward saving and spending money vary greatly from family to family, the first experiences a child has with finances, good or bad, can have life-long consequences.
Wednesday, December 22nd, 2010
Despite reports that the recession has ended, many people are still feeling the effects and are trying to watch their spending this holiday season. The popularity of online shopping has steadily increased in recent years due to the convenience and the ability to often find more money-saving incentives through a company's website than in their store.
couple on sled
Tuesday, January 10th, 2012
While vacations serve as great breaks from the daily grind of the working world, they can often make a larger dent in your pocketbook than planned. And, if you don't take a few precautions to protect your finances while traveling, especially abroad, you could fall victim to theft, fraud and a lot of headaches trying to recover your expenses.
new job
Wednesday, October 27th, 2010
Switching jobs during these tumultuous economic times can be stressful. According to the Bureau of Labor and Statistics, continued high unemployment rates have left many people hunting for jobs. When starting a new position it is important to ask deliberate questions about salary and benefits to ensure stability in your life.
mom and child
Wednesday, September 22nd, 2010
For many, naming a guardian for your child should something tragic happen to you can be a difficult reality to accept or discuss with your spouse or loved ones. Parents want to be able to see their children into old age, and no one wants to think about the possibility that they may become incapacitated later in life, or worse. However, since a great deal of life is utterly unpredictable, it is a smart idea to have your affairs in order - both for you as a parent and for your children.
assets growing
Wednesday, August 18th, 2010
Mark Leyendecker, senior portfolio manager at Comerica Bank, cautions new investors against making the common, easy and potentially dangerous mistake of "putting all your eggs in one basket."
retired couple
Wednesday, July 28th, 2010
When people think of getting older, they often consider grandkids, retirement and the chance to travel. However, it is also necessary for families to start planning for long-term care before relatives reach retirement age. Planning for elder care allows families to better save and budget while relatives are younger and still bringing in a reliable income.
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