Live Well, Bank Well
Building relationships on the farm
Some partnerships are just special, like The Bank of Missouri’s partnerships with farmers. For 35 years, Regional Bank President Paul Gard has worked hand-in-hand with the agriculture community. When you see him working with farmers like Donny DeLine, you can tell their relationship is built on trust.
Small business owners often focus on improving their products or services and increasing their customer base. It makes sense. Businesses need something to sell and someone to buy it, or they won’t be in business for long.
Email and online payment systems are just a few of the tools small businesses use to increase efficiency when working with employees, customers, and vendors. But each time you send an email or log in to an online account, you may be exposing your business to a cyberattack.
Like most people, fraudsters pay attention to news headlines. Last year, Congress passed the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) to help Americans negatively affected economically by the COVID-19 pandemic. The act included financial resources to help small businesses keep their workforces employed during these challenging times.
Starting a business can be frightening. There are plenty of horror stories about new companies that opened their doors one season, only to close the next. But as the air becomes colder and jack-o’-lanterns light up the night, your new venture can have a sweet ending when you avoid these hair-raising mistakes.
As a successful entrepreneur, you want to do more than survive. You want to thrive. And figuring out how to grow a business at a satisfactory rate can be challenging. Fortunately, small business owners have options when deciding how to grow a company, even in competitive environments.
✔ New Business Idea
✔ Business Plan
✔ Business Financing ?
Whether during the startup or growth phase, sooner or later most businesses need to borrow money. While every loan process may be different, there are several things you can do to make the loan process easier.