Perla Salinas joined Greater Phoenix SCORE in 2014. She started her banking career in 2004 in the area of loan operations and credit analysis. To date, Perla specializes in Commercial Banking and is currently managing a $50MM+ commercial loan portfolio for National Bank of Arizona.
Deborah Conrad, who joined SCORE in late 2014, has over 40 years of combined experience in global trade finance, loan portfolio and credit administration, government guaranteed credits and marketing and development.
Banks are not the only lending options for small businesses. In this presentation, Andrea Gellert goes over different non-bank financing options that a small business can turn to.
Credit card processing is an unregulated industry. It is electronically based with no short cuts. Pricing is the biggest area of misinformation.
It is true that security rarely actually adds anything to the bottom line of your company. There is usually nothing tangible to point at and say “We added X amount of $ to the company bottom line and thereby saved you that money". But on the other hand, you should contact your insurance company and see how much they can save you by hiring security officers or a patrol of your facility.
Have you begun to wonder if your business is ready to expand? It’s a tough question to answer. Even if all indicators point toward making this move, you don’t want to jump the gun. This is a big decision that will impact you and your company in a number of ways.
If you have a family-owned-and-operated, andyou’re a baby boomer, you need to start thinking about who’s going to run the business when you retire. Something to remember: your style of doing business may be different than those of a Gen-Xer or a Millennial.
Who doesn’t want to make $10,000 a month in their business! For a startup, that is a “Dream” goal not a “Realistic” goal.