Actively Managing Your Cash Is Crucial to Your Bottom Line

At Merrill Lynch, we integrate cash management, investing and financing through one account so your money is always working for you.

At Merrill Lynch, we integrate cash management, investing and financing through one account so your money is always working for you.

Now you can spend more time running your business and less time managing your cash. Our integrated cash management solutions combine the benefits of the Merrill Lynch Working Capital Management Account (WCMA account), online business banking and the control and management of business expenses through our Merrill Lynch WCMA Business Access Visa Card service.

One of our business clients, Products Services Group, Inc. is using the Merrill Lynch Remote Check Deposit Service to improve their cash flow and check handling process.

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When the Lifelong Dream Is Starting Your Own Business

Lawyer turned restaurateur Patti Nowak Turner's Financial Advisor helped her find the money to grow her business without depleting her investments.

Thousands of Americans each year put their careers behind them to start businesses based on cherished dreams. These dreams are as varied as the people who have them. However, what most entrepreneurs do have in common is the vision, confidence and drive to forgo the secure path and chart a new course. They also need resources — such as their passion and knowledge, and the support of friends and family. As one entrepreneur discovered, another irreplaceable resource is a trusted Merrill Lynch Financial Advisor who not only understands and supports the vision but also offers practical steps to help make it a success.

For successful Houston lawyer Patti Nowak Turner, living her dream involved exchanging one business for a totally different one.

 

Creating a Succession Plan

Thinking ahead about what happens to your small business when you retire is important for your company — and your personal financial future.
Succession planning is the process of creating a blueprint for your business once you no longer run or own it. Although having a plan can actually improve the market value of a business and ease the transition of ownership for employers and customers, many small-business owners do not have a strategy. So if you find yourself in this category, you are not alone.

According to the Merrill Lynch 2007 New Retirement Study, A Perspective From Small Business Owners and Their Employees, only 25% of owners have a succession plan, although another 40% acknowledge the necessity of this strategy.

 

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Solutions for Business

Cash Management

  • WCMA® Business Access Card
  • Electronic Federal Tax Payment
  • Remote Check Deposit Service
  • Lockbox Service
  • Paychex® Payroll Service
  • Business Signature Rewards® Card

Business Financing

  • Commercial Real Estate Financing
  • Revolving Term Financing
  • Succession Planning
  • Term Loans
  • Real Estate Financing
  • Financing Solutions for Business
  • Loan Management Account For Business
  • Sales & Divestiture Services

Retirement & Benefits

  • Equity Award Programs
  • Executive Services
  • Merrill Lynch E-Contribs for Small Business Retirement AccountsSM

Disclosure

Merrill Lynch, Pierce, Fenner & Smith Incorporated is a registered broker/dealer, not a bank, and the WCMA account is not a bank account. Banking services provided by licensed banks or third parties through arrangements with licensed banks. Unless otherwise indicated, investment products are not FDIC-insured , not guaranteed by any bank and may lose value.