Enterprise Bank & Trust

Blog: October 2016

Do You Have a Good Relationship with Your Banker?

October 31, 2016

In this difficult economic environment, having a good relationship with your bank and banker is critical to the success of your business. A strong relationship with your bank will not only give you access to capital, but also help you obtain better credit structure and pricing. One of the main causes of the breakdown in the relationship between the banker and entrepreneur is communication.

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Improve Profitability: Your Guide to Key Performance Ratios

October 25, 2016

Do you have a dashboard of performance ratios to help manage your business? Are these the same ratios your bank and bonding company analyze to make decisions about your company credit?

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A Three-Pronged Approach to Cash Flow Management

October 24, 2016

Cash flow is the lifeblood of your business. One of the few positive effects of the recent financial crisis has been to reinforce the importance of implementing an effective cash management program. By taking a strategic approach to managing working capital, treasurers can free cash flow and maintain a healthy financial state.

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Cash Flow is King: Managing Cash Flow in a Growth Economy

October 17, 2016

What is the primary reason that profitable companies fail? CASH FLOW. Or, the lack of cash flow to be precise. After seven years of slogging through the Great Recession and feeble recovery, industry backlogs are strengthening and the near-term outlook is as favorable as it has been since 2007. Great news, right? It can be as long as owners pay close attention to their cash flow and capital position.

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