Beginning in 2025, Ohio increased the annual exclusion for the Commercial Activity Tax, commonly called the CAT, from $3 million to $6 million. That means many businesses with $6 million or less in Ohio taxable gross receipts may no longer owe the tax. For many…
Many of the widespread disruptions businesses experienced during the pandemic have eased, but uncertainty still remains. Changing tariffs, fluctuating costs, geopolitical events, transportation issues, and problems with individual suppliers can still quickly affect the price or availability of the products and materials businesses depend on.
First Citizens National Bank broke ground on August 19, 2026, for a standalone drive-thru Interactive Teller Machine (ITM) located at 111 South Main Street in Dunkirk. The Bank is committed to delivering extraordinary service to its customers, and this offsite addition is an investment in…
For many small business owners in Mid-Ohio, putting off a software upgrade or delaying a new technology investment can feel like the responsible financial decision. After all, if your current system still works, why spend money replacing it? The reality is that the biggest cost…
For many businesses, property taxes may become a larger budgeting consideration over the next several years. Understanding how property taxes fit into the bigger financial picture can help business owners avoid surprises and make more informed decisions.
Interest rates have been one of the biggest topics in business finance over the past several years. After a period of historically low rates followed by significant increases, many business owners are left wondering what comes next, and how to prepare.
In 2026, investing in technology is a must, but doing it wisely matters more. With limited time and budget, the most successful businesses are focusing less on what’s new and more on what delivers real, measurable value.
With interest rates shifting, demographics changing, and markets continuing to evolve, 2026 may present new opportunities for business transitions across the region. Understanding the different dynamics at play can help you decide whether or not it’s the right time to make a move.
If you run a business with five or fewer employees, you may qualify as a “micro-business” under Ohio’s business development programs. And in 2026, that designation could connect you with training, matched savings, and expansion support designed specifically for very small businesses in low-to-moderate-income communities.…
In recent years, Ohio’s healthcare landscape has changed as more independent hospitals and physician groups are joining larger health systems. This trend affects not only how care is delivered but how our local economies function.
In North Central Ohio and across the state, business owners continue to face a shortage of qualified staff. No matter what industry you're in, finding skilled workers remains a significant hurdle. Why? Several reasons. An aging workforce, fewer younger workers entering skilled trades, and shifting…
In our global economy, businesses like yours depend on materials, products, and parts that come from many different countries. The supply chain works smoothly most of the time, but it can be shaken up by unexpected events. Tariffs are one such challenge.
