Four Factors Predicting Flying High or Failure

Do you ever wonder why some companies succeed while others just fade away? We have found through our own businesses, and through our clients, that four factors play a predominnant role in determining long term success. These factors are: product placement, target...

Exploring the Power of Questions

Do you ever wonder why communications within your team don’t always work well? Maybe you aren’t asking the right questions? We work with a consulting firm that teaches you how to ask the right questions, with the right language and how to interpret the answer you...

What Drives High Performing Teams?

The topic of high performing teams is very active in corporate planning and performance measurement these days. As global competition reaches down to companies in the middle market, improving performance within companies is now a major goal. We cite a recent study at...

Ask Your Customers How to Improve Your Business

Would you like to know what your customers think of you but are afraid to ask? This process is not for the faint of heart and it is essential to keeping healthy, long-term relationships with customers. In a recent conversation with one of our customers, he explained...

Getting a Bank to Loan My Business Money: Part 4 of 4

Part 4-Packaging Your Application Previous parts covered the overview of the process and the first three steps of the process. This part covers the final step, pulling the whole process together for presentation to a lender and answering follow up questions. Depending...

Getting a Bank to Loan My Business Money: Part 2 of 4

Part 2-What Kind of Loan and Lender Previously we mentioned the first step as finding the right lender. Let’s start with the use of the funds because this will determine structure of the debt and who you may borrow from. If the funds are to be used for new equipment;...

Getting a Bank to Loan My Business Money: Part 1 of 4

Part 1 – A Process Summary This is a four-part series on just what it takes to obtain a business loan and understanding the process you might face in running your business with someone else’s money. Today many businesses are experiencing growth opportunities and...