March 4, 2013
To write (or refresh) your mission statement, think about what you do, how you do it and why you want to do it.
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November 30, 2012
The horror stories are sobering: Dun & Bradstreet reported earlier this year that businesses with fewer than 20 employees
have only a 37 percent chance of surviving four years and just 9 percent will be around 10 years.
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August 27, 2012
The bank needs to know how your business is doing right now (usually the most recent 30 or 60 days), rather than rely on your
current year’s tax return that may have aged several months.
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June 29, 2012
Unexpected problems add to the headaches of opening or relocating a business, and we hear a lot about the hang-ups of required,
but annoying, environmental investigations.
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February 24, 2012
A recent study from Credit Suisse found that over $15 billion of small commercial mortgages (under $5 million) are coming
due in the next few years.
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December 19, 2011
Prepare to talk in detail about your business, the plans you are making and the reasons for expanding before you show the
banker the facts and figures.
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September 23, 2011
During these difficult times, small-business lenders are looking harder at intangibles—including a borrower’s
character.
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July 1, 2011
Property tax billing and collection were at their most confusing during the recession, when businesses were experiencing lost
revenue, poor projections and, in general, toughing it out as best they could.
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June 3, 2011
New law allows banks to refinance existing real estate and equipment debt through the U.S. Small Business Administration 504
loan program.
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December 6, 2010
Small-business owners looking for working capital would be well-served to do their research in advance and can ask their bankers
about several approaches, including financing based on assets.
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August 27, 2010
This may be a golden opportunity for small-business owners to lock in a low rate to finance expansion. But make sure you understand
the loan agreement.
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November 28, 2009
Buying a building for your business is still possible in a tight lending market, but bankers will review real estate purchases
carefully.
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July 27, 2009
The economic stimulus package allocated $375 million to the U.S. Small
Business Administration so it could offer more generous terms to small-business borrowers.
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You guys have some "interesting" comments to say the least. I hope you will call in and share those opinions starting June 1. I'm looking forward to having you on the air.
For those who let this information strike a nerve, remember that this is still the America that allows the freedom to achieve dreams and goals. Should you really chastise those who are given a perk on a deal that is supported by the consumer (that is until they don't like the deal anymore due to envy) or should the dream of rewards for working be looked at a little closer? I say lets stick to the deal, go to work,earn our keep, shoot for dreams, change our jobs to have that dream or shut up about others achievements ..............while we are still afforded this liberty of America !
Three Magi
Cats out of the bag. The object of the game is to get acquired. That means the company has no idea how to grow beyond a certain point. Email is a 1990s technology. I have laughed at this company since day one. Such a small bit player. If it was anywhere but here, it wouldn't be newsworthy.
Esther, Indy has passed Chicago in the local government corruption arena. Don't downgrade us. We're No. 1 in the Midwest.