Health, Home & Family
(NAPS)—According to the latest statistics from the U.S. Small Business Administration, 80 percent of the 28.8 million U.S. small businesses have no employees, placing a heavy burden on the business owner when it comes to juggling every detail of running a company. From IT issues to customer service and even facilities management, a small-business owner must be a jack-of-all-trades.
Fortunately, some banks are recognizing the need for more specialized support for small-business owners and are carving out a niche to better serve them.
Here are three ways small-business owners can get more from their banking partner:
Relationships Matter
Banks that specialize in serving small-business clients understand the financial pressures they face and will assign a relationship manager with expertise to help them endure the challenges of today’s competitive market. Relationship managers can be a small-business owner’s best resource when it comes to managing finances; they can anticipate needs, troubleshoot, and provide a wide array of products and solutions to help clients achieve their goals. Small-business owners who take the time to get to know their relationship managers can find them to be valuable and trusted partners. Continue reading
