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 need capital to finance growth. So, Read more
You have just received a letter of intent outlining the terms of a bank line for your company. Interest rates have climbed quickly, and banks are tightening their credit standards as they await the next recession. You are thinking: is this the best deal we can get? Currently a profitable, Read more
Suddenly, we are at midyear and still unsure about an impending recession. While the large corporate world has laid off employees, the middle market remains strong. However, signs of slowdowns are now appearing in the SMB market, and businesses are changing their plans for the back half of 2023 and Read more
The continuing strength in the US middle market sector is the engine behind the strong job market and consumer spending. Data from the National Center for the Middle Market Year-End 2022 Report supports our claim that this growth is indeed stalling the Fed’s efforts to drive the economy into recession. Read more
This blog’s focus is to make business leaders aware of the 2022 Colorado Competitive Landscape Report which provides a wealth of usable information for planning and implementing strategy in 2023. We believe that many of the recommendations contained in this report are spot-on for middle market businesses. Kudos to Dietrich Read more
Some would argue that the essence of a successful business is building an operation that is profitable and sustainable over a long period of time. Others might say it’s effectively executing a business plan that delivers the intended ROI to investors/shareholders within a promised time frame. And yet another interpretation Read more
With 2022 drawing to a close, you could ask yourself: what did we learn this year, what might recur next year, and what can be done differently in the coming year? 2022 brought us: Rising inflation at a level not seen in a generation Supply chain issues that robbed us Read more
There is an adage: “Climate is what you expect but weather is what you get.” Are you planning for weather or hoping for a mild climate? Climate is built on averages over time and does not translate well to a single day, while weather is a time fraction of climate Read more
Uncertainty is never a pleasant state of being, but when was the last time you lived in a certain world? Likely, that ended on your first day in preschool. Your outlook for 2023 depends on your industry and how much you believe the accuracy of mainstream media. We subscribe to Read more
The media is filled with warnings of a looming recession, and unfortunately, there are far more questions and speculation than there are answers. No one really knows if we’ll have a soft or hard landing, how long the recession might last, and how much impact it could have on the Read more