Create New Markets

Six Tips to Stop the Late Payment Pains

Capital Solutions Bancorp — Mon, 21 Nov 2011 09:15:15 -0500

Cash flow management relies heavily on timing whether or not your business is doing well. When a business owner pays suppliers late, those suppliers pay theirs late. It's a vicious cycle causing cash flow problems for small business owners down the line.

Four Must Dos to Buying a Company

Capital Solutions Bancorp — Wed, 16 Nov 2011 19:35:00 -0500

This insufferable economy has worn out many people especially owners who can no longer give their all to their business. Even so, many of these businesses hold a lot of potential and can thrive with the right owner. Now may be a good time to buy a company in order to grow your business, expand your offerings and get more customers.

7 Elements in a Thriving Business

Capital Solutions Bancorp — Fri, 12 Aug 2011 13:52:09 -0400

Key factors to business success require hiring people who best fit the job and company culture, checking on customers to keep them happy, finding new clients, choosing the best products to support the business and reviewing financials like cash flow statements.

Convert Customers into Loyal Fans

Capital Solutions Bancorp — Mon, 25 Jul 2011 12:05:25 -0400

Are your customers satisfied with your company? Or are they very happy? There is a difference. Satisfied isn't enough to hold on to them. They can easily switch if they notice problems with the product or service, or something better comes along. Going the extra mile will help improve customer retention turning them into lifelong customers who will talk about your business whenever they can.

Apply the Under-promise, Over-deliver (UPOD) Method

Three Ways to Get More Traffic to Your Website

Capital Solutions Bancorp — Fri, 17 Jun 2011 14:02:52 -0400

A website needs to depend on more than search engines to reel in people. Yes, it's important to maximize your website's content for search engines, but you must explore other approaches to bring people to your website.

Here are some of the ways websites help grow your business

Buy a Company

Capital Solutions Bancorp — Mon, 23 May 2011 10:45:18 -0400

Buying a competitor gives you the opportunity to merge the two company's strengths and reducing or eliminating weaknesses. The hard part is integrating the two company employees, resources and cultures to turn them into a single company with seamless operations.

Another way to grow your business is to buy a company that has products or services that round out yours. For both scenarios, owners and executives still need to think about other areas before buying the company.

Fix the Cash Flow Roller Coaster

Capital Solutions Bancorp — Thu, 28 Apr 2011 12:10:36 -0400

Entrepreneur's Six Ways to Smooth Out Uneven Cash Flow hits the bull's eye in showing how you can even out your cash flow. It backs up what I've said about changing things around so you aren't low in cash at the wrong times of the month.

Author Scott Gerber shares his experience of recognizing low cash flow two phases during the year. The cause is clients taking up to 60 days to pay their invoices. He worked with his team to iron out the cash flow problems to balance his company's cash flow throughout the year.

Does Your Business Use These Eight Important Tools?

Capital Solutions Bancorp — Thu, 21 Apr 2011 12:38:35 -0400

Most likely, during the startup phase, the owner managed all eight tools. As business grew, the owner made adjustments by hiring qualified people to take over some of the jobs. Owners also look for ways to improve efficiency to get the work done faster, cheaper and effectively without sacrificing quality or customer service.

Six Steps to Improve Customer Retention

Capital Solutions Bancorp — Fri, 15 Apr 2011 12:56:23 -0400

The Capital Solutions Bancorp staff believes that it's cheaper to keep current customers. Besides that, we want to do what we can to provide the best customer service. Current customers can be your best source for referrals.