When working with your bank, what are your expectations and needs as a new or existing business owner?

Question

I'm a Senior Business Banker and I wanted to know what small business owners have in regards to worst fears or general information needs for start-up / existing businesses? What do you "think" banks or bankers should provide to you in regards to "start-up" help or on-going banking relationship management?

You can also include products and services that you may need information for as well (lines of credit, loans, merchant services, payroll, etc.).

Answer 1

I'm not a small business owner but have worked with small business owners for years. Here's some of the things I've heard regarding finance issues:

* I have bad credit - can I get a loan?

* How do I figure out start-up expenses?

* What's the best entity for me financially? Incorporate or LLC or etc?

* How do I start a business with very little capital?

* How do I file taxes, Federal & State?

Hope that helps!