One thing that strikes fear in the heart of many business owners is having a meeting with their banker. It’s not that these banker types tend to be intimidating or mean, it usually has more to do with how comfortable the business owner is with their financials. As the owner, the last thing you want to do is to say the wrong thing to your banker. Can’t the banker do all sorts of terrible things to you and your business? Like pull your line of credit? Or not approve the loan for that new piece of equipment?
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How Do I Know If I Should Work With My Spouse/Significant Other?
Does the idea of working with your spouse excite or scare you? This thought of, “maybe my spouse/significant other can help with this,” is one that goes through most business owners minds at some point. It’s a perfectly natural question, especially in today’s world where it is getting tougher and tougher to find good people.
How Do I Find Where Cash Is Hiding In My Business?
Cash is one of those things that whether you have it or not it’s usually top of mind. If you don’t have cash you’re thinking about how you’re going to get it. If you have cash you might be worrying if it’s enough or if you will run out. Either way, chances are you’re going to be aware of it and thinking about it.