It’s a good question. And for business owners it’s an important question as banks can be a very important partner. My short answer is – I don’t see the traditional “bank on the corner” going away any time soon. But I do think that the banking industry will continue to...
Someone once told me that you’ll accomplish more by asking the right questions than having the right answers. Wait… what? It sounds counterintuitive, doesn’t it? So I thought about it. It’s true that nobody has all the answers; and many times when you think you have...
I try to read as much as possible to keep up with the latest trends affecting banking, small business, and commercial real estate. One of the most prevalent themes in the articles, blog posts, books, and other headlines I run across is technology. Technology has...
Commercial real estate is pretty hot right now with significant development and construction going on all around us. As more businesses have been opening and expanding, commercial real estate prices have increased – due in large part to the cap rates. (If your...
No, this is not an offer, it’s an example. Of people behaving in a way that is contrary to how you might think they would normally behave. It’s also an example of people behaving predictably – because you likely reacted favorably to one or both of the words in the...
(or A Banker Tells You How to Get Money) If you want to learn how to fix shoes, you go to a cobbler. If you want to learn how to make a cobbler, you go to a baker. And if you want to learn how to find the money to buy a building that you can rent to a baker, you come...
You know me. I am all about strategic planning. I blog about it, talk about it, dream about it, blog about my dreams about it. I like strategic planning. I think it’s crucial for small businesses. So it is only logical that I would be a huge proponent of budgeting...
Actually, CRM stands for Customer Relationship Management, but it might as well stand for clients really matter, because they do. And a CRM system will help you show it. Regular readers of this blog know how important I think it is to collect client information – for...
How many social media followers does your business have? Have you ever posted something that was “liked” more than a thousand times? Do you know what the IMHO in the headline means? Hopefully you’re not hyperventilating at this point. I know a lot of business owners...
Your business is humming right along. Things are going well. And then a thought occurs to you - "Should I open another location?" Don't panic. You're not going crazy. This is a natural part of owning a successful business. Many business owners just like you ask...
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