Small Biz Tip: Managing Finances: Choosing a Bank

Posted by Cheryl Sowa on Tuesday, September 22, 2009

Tips from September 22, 2009

The Small Business tips today discuss choosing a bank that is best for your business.


  1. Be prepared. Provide banks with necessary info, such as financial history, biz plan, goals and what you need.
  2. Do your homework. Know what kind of relationship you want with a bank. Stick to what you want and don't be sold.
  3. Ask key questions: find out who is your personal banker, who makes the decision, regular meetings and availability.
  4. 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.


We post these small business tips to our employee's Twitter account each day, Monday through Friday. This is a reposting of those tips.

If you enjoyed this post, please consider leaving a comment or subscribing to our free newsletter to receive future articles and information delivered directly to your email inbox.

Cheryl Sowa

Cheryl Sowa is a Public Relations Coordinator for America’s Best Companies. She also writes daily for the Small Business Center. Cheryl graduated from the University of Illinois at Urbana-Champaign and obtained Bachelor degrees in English and Communications. Contact Cheryl

Tags: small business, tips, finances, bank, business

Print this Article Print Email this Article Email Print this Article Comments
 
RSS RSS Feed Stumble Stumble del.icio.us del.icio.us Reddit Reddit Digg Digg Tip'd Yahoo! Buzz

Related Articles

Reader Comments


There are currently no comments.

Join Free Today

Email:    Password: | Register | Help