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Level With Your Banker
– February 25, 2011
Don’t surprise your banker. Provide them your financial statements on a monthly or quarterly basis. Don’t wait for year end because your business is not meeting expectations. Bankers are more likely to be able to work with you if they are aware of any problems from the beginning.
This is Profit Enhancement Idea #35 in Heard, McElroy & Vestal's 100 Ways: The Profit Enhancement Process series. The purpose of the series is to assist business owners and managers in cutting costs and increasing revenues by working smarter, not harder.
Walker Coburn
318.429.2109
wcoburn@hmvcpa.com
Walker is an Audit Manager in our Shreveport office. He received his Bachelor of Administration in Accounting and a Masters of Accountancy from Millsaps College in Jackson, MS. Prior to returning to his hometown of Shreveport and joining Heard, McElroy & Vestal, Walker worked for KPMG in Jackson and Memphis, and more recently as a financial reporting advisor for FedEx Corporate.
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