Friday, June 21, 2013

Where Are the Answers to My Questions?

Questions and Answers
In an information environment characterized by rapid changes and confusing data, it is important to have specific individuals to talk to as well as internet resources to review when new questions arise. In either case it is likely to be more productive when an experienced business expert is involved directly or indirectly. For small businesses in particular, changing economic conditions have resulted in a commercial bank lending process that is difficult to comprehend because of conflicting answers and reports about what is possible. Banks are still saying "No" more often and "Zombie Banks" are part of the financial problem when a small business owner is searching for help with commercial financing. 

Monday, June 3, 2013

Small Businesses Negotiating With Banks

business negotiating with banks
Business Negotiating With Banks

The process of negotiating with banks is often avoided by small business owners. The failure to implement effective business negotiations with bankers can lead to a variety of problems. By developing business skills in this critical area, several other financial benefits are likely to be realized. The importance of learning how to negotiate more effectively with banking institutions has increased due to the recent bank crisis which has severely impacted the ability of small business owners to obtain commercial financing.