Communication with bankers and shareholders
How often do you speak to your bank manager?
How many times do you meet up each year?
What is discussed at the meeting and how good is the communication between you? Do you feel that the bank really understands your business and its working capital requirements?
Do you understand what a bank will and will not provide in terms of financial assistance (for example the difference between working capital requirements, debt and equity finance)?
Do you have outside shareholders? Are they a possible source of future equity capital if needed?
Do you spend enough time communicating with your shareholders? Do they feel adequately well-informed about the development of the business? Would they agree with your assessment?
How often do you speak to your bank manager?
How many times do you meet up each year?
What is discussed at the meeting and how good is the communication between you? Do you feel that the bank really understands your business and its working capital requirements?
Do you understand what a bank will and will not provide in terms of financial assistance (for example the difference between working capital requirements, debt and equity finance)?
Do you have outside shareholders? Are they a possible source of future equity capital if needed?
Do you spend enough time communicating with your shareholders? Do they feel adequately well-informed about the development of the business? Would they agree with your assessment?
