|
Money Smarts
Chapter 21 Money Smarts: Finding the Right Bank
Finding the right bank is necessary for
a business’s long-term success. Today’s banks
are full-service institutions. They offer financial services
ranging from checking and savings accounts, credit cards,
and loans, to insurance and financial planning.
SCORE® “Counselors
to America’s Small Business” is a nonprofit association
that provides guidance to small businesses nationwide. Go
to SCORE’s
Learning Center Business Columnist Archive.
Read “Finding The Right Bank”
and answer the following questions.
- What information should you have ready when you seek to
establish a banking relationship?
- What is meant by going for compatibility in choosing
a bank?
- How many contacts should you have inside the bank? Why?
- Why should you choose a bank that considers banking a
two-way street?
- What is meant by the phrase “being honest with
your banker”?
|
