Tips from September 22, 2009
The Small Business tips today discuss choosing a bank that is best for your business.
- Be prepared. Provide banks with necessary info, such as financial history, biz plan, goals and what you need.
- Do your homework. Know what kind of relationship you want with a bank. Stick to what you want and don't be sold.
- Ask key questions: find out who is your personal banker, who makes the decision, regular meetings and availability.
- Create the relationship. Talk to multiple people at the bank. Find out who else uses it. Become knowledgeable.
Daily Overview: Choosing the right bank is important. Create relationships & establish trust with the institution handling your money.
