Powering Business Evolution

As we near year two of the worldwide coronavirus pandemic, the future continues to be a bit uncertain. One thing that remains clear is that business owners — both large and small — will continue to learn from and adapt to the challenges and opportunities before them.

The on-demand business model has grown exponentially in recent years as businesses have increased their digital offerings, and the impact on businesses has been felt across industries.

Last November, Christie K. Moore, CEO and Funeral Director of Mansfield Funeral Home, was running the funeral home, which she acquired in 2016, with plans to open a crematory on the property — while also running her second successful business, Peaceful Pets DFW, which she established in May 2020.

As we close out 2021, the impact of the COVID-19 pandemic continues to affect our social and economic outlook. Now more than ever, clients will benefit from proactive wealth management strategies, especially with lessons learned from the past year.

At The Bancorp, diversity, inclusion, and collaboration are the core principles that guide our work and promote a fair and equitable culture. As our Diversity & Inclusion program continues to grow with the addition of our new Program Coordinator, we recommit ourselves to these values to help drive innovation while fostering a sense of belonging.

Although most sales teams cannot afford to neglect the inherent selling power of forming and sustaining in-person relationships with potential and existing clients, businesses have been operating within virtual sales models for the majority of the year and have seen success in this new approach. With remote and hybrid working models becoming the new norm, is the future of the company car in question?

One group of Florida firefighters has made it their mission to remember fallen first responders. After tragedy struck, they transformed their vow to “Never Forget” into an annual bicycle ride that travels hundreds of miles to honor the fallen.

With millions of animals in new homes throughout the pandemic, the past year has shed a spotlight on the transformation the veterinary care industry will need to undergo, and the potential business extensions necessary — such as fleet vehicles — to meet increased (and ongoing) demand, as well as the subsequent financial considerations.

By harnessing a partner-first approach, The Bancorp defines what it means to help improve payment ecosystems. Ryan Harris shares how Fintech Solutions provides its partners with cutting-edge technology and industry-leading support to help move the payments industry forward.

While succession planning is something that all small businesses should be considering, the coronavirus pandemic jolted many small businesses into thoughtful planning for the future, whether it’s navigating unforeseen challenges or planning for future generations of leadership and ownership.

The coronavirus pandemic has forced us to redefine activities that were once standard in our day-to-day lives, changing the way we shop, socialize, and do business. But what has remained constant is the value placed on supporting the heavily impacted “Main Street”.

At The Bancorp, we are dedicated to providing employees with resources to grow and thrive in an open, collaborative, and inclusive environment. In this blog, Maria Mejia explains what makes an effective Learning & Development program and how to keep employees engaged and excited about their career growth.