Ask a Banker - The 4 C’s of Credit 

 
Featured Blogger Mike Toth from Key Bank

According to the SBA, 99.7% of all businesses in the US are small businesses. More than seven out of ten of these businesses use some type of credit to finance their operations. This represents a significant risk for small business owners, and yet is a critical component of growth.

On October 18th, Michael Toth, head of Business Banking operations for KeyBank in Northeast Ohio and a prior small business owner, will educate small business owners on how banks evaluate small business credit requests, with a particular focus on “The 4C’s of Credit…Credit, Character, Collateral, and Capacity”. Over 75% of small business owners finance their business operations in the first 3 years with personal savings. After 10 years, this drops by nearly ½ as small business owners rely on bank sources of credit. Toth’s presentation will reveal ways that small business owners can increase their likelihood of obtaining bank credit in the early years of the business.

Does your bookkeeper process your payables AND reconcile your monthly bank statements? Do other employees in your office potentially have access to blank checks? If your answer is ‘yes’, you may be exposing yourself to operational risks that can result in financial losses and reduce your personal income. Toth will discuss ways that you can proactively reduce financial risks in your business in order to maximize your small business profits.

Please join Mike Toth on October 18th at the COSE Small Business Conference to hear him talk about these topics and more.

Hello everyone,

 This past Monday, we had our first session of our eMarketing Techniques Series.  It seemed to go very well, as our 24 participants learned about the vast amount of techniques that can be used to grow our businesses and organizations online.

 Not only did we go over topics like email marketing, SEO, online video, and many more that will be covered in subsequent sessions, but we also took a look at some Web 2.0 sites that can help us out as well.  And they’re all free (well for the most part).

 One of the free services we took a look at was Google Alerts.  This allows you to set up an alert any time a certain search string is updating in Google.  I personally have a “Brad Kleinman” google alert sent to me every time my name hits google.

 Within hours after the class, I received this alert:

Google Blogs Alert for: “brad kleinman”

Brad Kleinman - Practical eMarketing Tips for Entrepreneurs
By Jason L. Colon
Brad Kleinman packed the first two hours full of practical information that could be put to use immediately. The following are a few highlights. 1. Newsletter Marketing - Two online services, Constant Contact and iContact, …
jasonlcolon.com - http://www.jasonlcolon.com

Thanks for the add Jason!  Click here for the link to his entry.

 Regards,

../BSK

Hello everyone,

As you may know, we often post articles in regards to Web 2.0 and how entrepreneurs can leverage the power of the web to connect to their customers. A GREAT resource for you to check out is: SEOMoz.org’s Best of Web 2.0 article.

So a big part of what we do here at the center is to utilize various eMarketing and Web 2.0 apps on the internet and let you know what we think.

A tool we just tried out is CONDUIT. Now this is cool! This tool allows you to create your own toolbar and have your customers download it into their web browser. Easily integrate your RSS feeds, important info, pretty much anything you want! Check ours out…and download it!We hope you enjoy your FREE toolbar as much as we enjoy ours!

toolbar powered by Conduit

Regards,

../BSK