Q & A: Preparing for Bank Meetings

Regarding going to banks for financing, how do you go about your presentation if you are not experienced in that type of thing?
Trudy
 
Hi Trudy,
 
The first step is putting together a basic business plan. It needs to include the basic numbers, like projected sales and the number of employees you’ll have. In the meeting, you have to tell the story and sell that story.
 
I went to business school where a class taught me how to write a business plan. If you’re not experienced in this, I’d recommend taking a course on the subject at a community college. You can also find sample business plans online to model yours on. Take what you learn and go from there.
 
Regards,
Robbie
co-owner

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