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Choosing the Right Size Bank for Your Small Business

Should you select big, small or both?It was handed down on the tablets. Small businesses shall bank at small banks. Large businesses shall bank at large banks. How sound is this logic in today’s banking world? While the logic remains a hard rule for large companies, it is now really more of a guideline for small businesses. Over time, a highly successful business will tend to outgrow its small local…

Planning to Succeed

Building a “business road map” can help you get more from your banker and your business.Small businesses often overlook the importance of preparing an annual budget and business plan. Not only can these tools establish the groundwork for success, but creating them is an excellent way for business owners to have a meaningful conversation with their banker. The start of a new year is the perfect time to undertake this…

Utility or Advisor?

Your banker can offer insight into improving your cash flow.Business owners use a variety of utilities to operate their companies, including gas, electric, cable and water. But how do you view your bank? Research discussed at a recent Small Business Banking Conference suggests that most small business owners see their bank as just another utility. If this is how you view your bank, you may not be taking advantage of…
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