Fraudulent calling attempts are on the rise. Scammers are posing as WSFS Associates – using fake caller IDs and personal details to gain your trust. NEVER share your account passwords or verification codes on unsolicited calls. Verify the call by hanging up and notifying us directly at 888.973.7226 7am‑7pm ET (M‑F) and 9am‑3pm ET (on weekends).

Fraudulent calling attempts are on the rise. Scammers are posing as WSFS Associates – using fake caller IDs and personal details to gain your trust. NEVER share your account passwords or verification codes on unsolicited calls. Verify the call by hanging up and notifying us directly at 888.973.7226 7am‑7pm ET (M‑F) and 9am‑3pm ET (on weekends).

Business

Small Biz Insights: Preparing Your Small Business for 2024

WSFS Contributor
WSFS Contributor
October 16, 2023
2 min read
Small business owners discussing the business’ finances.
Topics: Small Business Lending

2023 has presented many challenges for small businesses, with inflation and rising costs impacting many owners’ bottom lines.

Why it matters: Difficult economic conditions are expected to continue well into 2024, so small business owners should be looking at their 2023 results to guide 2024 planning.

Your planning checklist:

  • Optimize your cash flow.
  • Consider financing options if you need cash.
  • Evaluate your expenses.
  • Boost your online presence.
  • Expand payment options for customers – make it easier for them to buy from you.
  • Seek alternate vendors and adjust your own pricing to stay competitive.
  • Protect your business from fraud.

Go Deeper: Leverage your banking and partner relationships to discover new paths to increased cash flow and sources of capital in 2024.

  • Business Loans

    A community bank that knows your name and goals, with the capabilities to help you achieve them.

    Learn more

  • Express Loans

    Accelerate your growth.

    Learn more

  • Small Business Borrowing

    WSFS has been helping small businesses in the region for nearly 200 years.

    Learn more
WSFS Contributor
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