Tune in to this enlightening episode of 'Who Dare Go There' with Trent Knott, featuring a conversation with Will Sanders from Planners Bank. They explore the intricacies of borrowing, financial planning, and the significance of building relationships in business. Will offers valuable insights into the function of community banks, the five C's of credit, and the steps involved in obtaining loans for small businesses.
Business: Planners Bank
Segment Breakdown:
00:00:00 - Introduction and Importance of Money in Business
00:05:30 - The Role of Pride in Business Decision-Making
00:09:27 - Importance of Building Relationships with Bankers
00:15:45 - Importance of Personal Financial Statements
00:22:10 - The Significance of Vision in Business Ventures
00:29:34 - Importance of Being Prepared with a Business Proposal
00:32:31 - Exploring Alternative Funding Options
00:36:47 - Building Strong Relationships with Financial Advisors and CPAs
00:38:12 - Biblical Perspective on Money Management
Key Points Discussed:
Understanding the Bible's perspective on money and borrowing
Importance of relationships with bankers and community banks
Strategies for preparing a business proposal and financial statements
Creative ways to secure capital for business ventures
Real-life examples of successful business deals and financial planning
Don't miss this engaging discussion on financial literacy, risk management, and entrepreneurship with Planners Bank. Like, share, and subscribe for more valuable insights on business and finance. #FinancialPlanning #Entrepreneurship #BankingAdvice
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