But don't despair! It seems that banks are Job Function Email List slowly dipping a toe back into the market, but bank attitudes have shifted - there is much more focus on serviceability Job Function Email List 'demonstrate to me that you can repay your loan even if times get tough for you.' Despite a tougher regime there are still some actions you can take to get the bank on your side. Review What Your Business is About All the best plans change as the general business Job Function Email List climate changes. Nothing ever stays still and the businesses Job Function Email List which will survive know that their market, and the way they do business, Job Function Email List never stagnates.
As we start coming out of the economic Job Function Email List darkness, and before you think about approaching your bank, now is the time to fundamentally examine where your business is today. How did you deal with the rough times? Has your market changed, even slightly, over the last Job Function Email List two years? Are customer's expectations different? Have recent events dented the confidence or purchasing ability of your target market? Will your customers Job Function Email List be thinking twice about ordering your all-singing-and-dancing product?
Will they no longer be able to Job Function Email List accept your high price even taking into account your quality service? Have your costs significantly increased rendering your idea or business unprofitable? You must not make the assumption that because your business model was Job Function Email List viable two years ago that it is still viable today. Be wise enough to re-look at all the underlying factors that delivered a successful business. Approaching the bank with a business model which has not been reviewed to take into account the lessons learned, is not going to Job Function Email List get you the answer you want. Write a Business Plan So many business owners still don't write a Business Plan.