Posts Tagged ‘bankable’
Business Owners Must Avoid the Glider Path
I know a doctor who built a great practice and then unintentionally ruined it. Doc was a hard worker. He had earned his way to a comfortable retirement. But then he made a critical mistake. He took his foot off the gas. He figured he could glide for a few years before selling the business. He…Read More
Is this a “Bankable” Deal?
I was talking with a business owner who was considering selling their business of 20 years. The company had served him well, and he had managed to provide a great life for himself and his family. The challenging part was he was stuck trying to figure out the value of the company he worked so…Read More
Is Your Company Bankable? How to Improve Your Chances of Being Approved for a Loan
Applying for a bank loan can be stressful and confusing, but these tips will increase your chances of securing the financing you need to grow your company. Over the years, I have received more than my share of denial letters from banks. I didn’t understand. I was good with my money, so why wouldn’t these…Read More