Banknotes Blog

Business Operations, Commercial Lending, Small Business, Business Banking

A Blueprint for Construction Loans

By: Paul Cardarella

If your business requires a physical location, one of the biggest dilemmas can be whether to build, buy, or rent. In truth, there is no one-size-fits-all answer to that question. The most important thing to remember is, the answer that's best for you and your business should be based on facts and not fear of the unknown.

If your business requires a physical location, one of the biggest dilemmas can be whether to build, buy, or rent. In truth, there is no one-size-fits-all answer to that question. The most important thing to remember is, the answer that's best for you and your business should be based on facts and not fear of the unknown.

If a prospect or client derives value from our conversation, that next meeting is probably assured. If not, there may not be a next time, or they will delegate us to a subordinate. Both are dead ends. Given that decision-influencer prospects & clients are time-starved and could easily fill their days twice over with meeting requests, why should they make time for us? The answer may be found in the "four pillars of value for time" upon which we need to intentionally draw: Insight, Perspective, Relevance, and Resilience.

When it comes to customer retention and acquisition, there are some less obvious, but particularly important, characteristics worth remembering. Here are three for your consideration.

What do your business plans look like as the pandemic gets farther from sight in the rear-view mirror? Here are a few important questions to consider, as you determine your path forward.

Don’t miss an opportunity for a quick system check of your security procedures to make sure you catch any vulnerabilities before someone else finds them. Here are five places to start.

Consider the following tips and “tricks” to help your small business avoid the pains sometimes associated with growing.

Increasingly, companies are tapping candidates whose educational backgrounds might once have been considered non-traditional for leadership roles.

Help your business thrive this year by examining how lessons learned in 2020 can be the key to your success moving forward.

For a significant number of small business owners, having the available cash to run their company is a real concern. Fortunately, they have options.

Healthy relationships are vital to a business’s long-term success. Unfortunately, it is easy to take them for granted. Here are signs of decline to watch for.

Business credit cards have recently taken major steps forward in functionality and ease of use. Get the full benefit from yours by considering these tips.

Here are some tips to help prepare you for the financial risks you may face at each stage of your business’ life.

If your family’s business is transitioning roles from one generation to the next, an independent advisor may help provide a smoother process.

Not knowing the true value of your business could have profound implications for you and your family’s financial well-being.

We're in the midst of one of the most challenging economic times in history. If your bank isn't a strategic advisor, it's probably costing you money.

There are many reliable, secure alternative means of sending and receiving payments that don’t rely on envelopes of paper hand-delivered to your mailbox.

Conventional wisdom among grief counselors holds that going through hard times does not create problems in a relationship. It amplifies them.

Every craftsman knows there are multitudes of ways to construct a beautiful piece of furniture. The same holds true for commercial financing.

Launching a business takes courage. Ensuring its success requires something more – namely, capital.

Here are some ideas to consider for safeguarding your cash flow and securing your organization’s financial position.

Key-person insurance should be considered to protect your business by giving you the financial wherewithal to regroup in the event of their loss.

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Wealthways is a casual, weekly conversation centered around female empowerment, moving upward, and all things wealth. Along with hosts Dawn Mullarney & Jane Simon, guests explore their own definitions of wealth – be they in terms of money, experience, wisdom, or any other multitude of things – and their personal journeys to achieving it.