Grow Your Business

Is It Time for a B2B Small Business Checkup?

Capital Solutions Bancorp — Fri, 16 Mar 2012 19:03:21 -0400

We're no longer at the start of the year and tax time will soon pass. After that will be a great time to put on your stethoscope to give your B2B business a physical. This exam requires taking time away from your routine to focus closely on your business to gauge its progress and identify needed changes.

This checkup includes reviewing finances and operations for potential opportunities and costs to cut. Call it a spring break checkup giving yourself permission to take a break from your everyday tasks. This checkup just might make a big difference to your business.

Does Your B2B Business Really Need a Loan?

Capital Solutions Bancorp — Wed, 29 Feb 2012 16:48:15 -0500

Too often, businesses think they need to borrow money when they shouldn't. And, there are times when it's a good move to get financing, especially when it contributes to growing the business to support their business customers.

A bank approving an application for a loan isn't a sign that a business needs it. All it indicates is that the bank believes the business can pay back the line of credit or loan. That's their main goal. They don't care how it affects your business.

10 Ways to Motivate Employees to Better Performance

Capital Solutions Bancorp — Fri, 24 Feb 2012 18:45:19 -0500

No matter how things are going for a company, a motivated workforce propels a company through bumpy roads and leads to more successes. Motivation makes it possible to create a culture consisting of hard-working employees who are passionate about the company and growing the business.

9 Things You Can Do to Be More Successful in Business

Capital Solutions Bancorp — Wed, 04 Jan 2012 12:07:32 -0500

Most of us hope for a happy New Year. But what does that mean when it comes to business? For most, it's a year without problems. We both know that isn't going to happen. Problems are part of business. The sooner we accept that, we faster we can focus on getting better at what we do.

The Best and Cheapest Way to Beat the Competition

Capital Solutions Bancorp — Fri, 30 Dec 2011 12:45:39 -0500

Four words: make your customers happy. That's it. Your customers already know you, which puts you ahead of everyone. However, they will leave if your customer service suffers, your prices fall out of alignment with the industry or your product / service fails to do what customers need.

You maximize the acquisition cost for your current customers by keeping clients for another month. The longer you keep customers past the break-even point of acquisition, the greater the profit.

Grow Your Business: Top 10 Posts of 2011

Capital Solutions Bancorp — Thu, 22 Dec 2011 13:19:47 -0500

How did your business do in 2011? Did you grow? Stay the same? Staying the same in 2011 is almost as good as growing in 2010. Based on conversations, many successful companies that grew every year reported seeing no growth this year.

Regardless of what happened in 2011, you have a clean slate and these top 10 posts will help you grow in 2012.

Start the New Year with a Clean Slate

Capital Solutions Bancorp — Mon, 05 Dec 2011 11:42:19 -0500

Many students leave college with a diploma in hand and big student loans waiting to be paid. Those loans are a big burden for students to bear in starting life after school. How do you think students who paid off their entire college education by graduation day feel compared to those with the big loans?

The same happens to companies starting the New Year with unused equipment, inefficient inventory and unpaid accounts receivables. No matter what kind of year your business had, you can get it in better shape for year ahead and be like the graduate free of loans.

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.