Tuesday, December 6, 2011

Hire A Great Bank

Bankers are NOT villains – they can be the biggest allies an entrepreneur has because it is very much to their benefit to see the entrepreneur become successful.


Make a list of what services you need form a bank: checking and savings accounts; credit card processing; lines of credit; wire transfers etc. Take some time and make a complete “wish list”.


When your list is complete look for a small community bank that is close to your business and active in the area. Choose one that advertises for local business and has a customer list that includes business like yours.



Also, make sure to ask your mentor, friends and other business people for recommendations.
Once you have a list of possible banks make an appointment with the bank president or the VP in charge of the branch nearest you and interview then completely.


In the final analysis you must have a bank that can service all your needs and “personal” banker who you can deal with to be successful.

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