[vc_row css=”.vc_custom_1548289356400{background-color: #bcbcbc !important;}”][vc_column][vc_single_image image=”4871″ img_size=”full” alignment=”center”][vc_column_text css=”.vc_custom_1753495420833{padding-right: 19px !important;padding-left: 19px !important;}”]You cannot go it alone. You may be skilled in your particular craft, but there are many other aspects of a well-run business. If you do not have these skills, you need to find those who do. Who should you be consulting in order to ensure your success?[/vc_column_text][/vc_column][/vc_row][vc_row][vc_column][vc_column_text css=””]
Chapter 5: Engage Advisors
You cannot do it alone. While you are starting out; you likely cannot afford to hire a management team, but there is no reason you cannot assemble a team of professionals to advise you when you need them. Once you are established and are generating revenue, you can consider putting a management team in place.
Take a look at the outline for any business plan. It will have a section for the executive team that will help you run your business. This is where you list the experience of your team that will help you to make the business a success.
If you are just starting out, create a list of professionals that you can turn to for guidance and advice. Your list might look like this:
- Banker
- Attorney
- Bookkeeper and/or accountant
- Insurance agent
- Business mentor or consultant
Take an honest assessment of the situation. Are you and your management team on the same page? Are you all headed in the same direction? If you have a clear vision and a plan on how you will bridge the gap between your current state and your desired future and your management team can articulate this, it will give your banker confidence. When the management team has training and vision, your banker’s confidence will be greater because they know that kind of management team delivers results. Furthermore, a competent management team with breadth, depth, strength, and longevity prevents the operation from being fully dependent on the owner. All of these individuals you are depending on to help you obtain and sustain success should become your trusted advisors. Be proactive and intentional to get the advice and guidance you need.[/vc_column_text][/vc_column][/vc_row][vc_row][vc_column][vc_column_text]
Make Your Banker Happy
10 Keys to Unlocking a Good Relationship with Your Banker
The various aspects of your business are like links in a chain, and your banker serves as one of those links. Because any chain is only as strong as its weakest link, it’s vital to develop an excellent working relationship with your banker, even to the point where your banker is a trusted advisor. In this book, a leading consultant who helps his clients generate dramatic results you will show you the keys to unlocking a good relationship with your banker.
As a business owner, your relationship with your banker is essential to your success. Follow our series on the website and get your desktop reference copy from Amazon.[/vc_column_text][vc_single_image image=”4854″ img_size=”full” alignment=”center”][vc_column_text]
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