Re: 5 Tips on Approaching Your Bank
You offer good tips on starting and running a business - determining if it is viable and can be profitable. For bank's though - you have to show two things:
1) Willingness to repay (shown by your credit score - have you paid creditors in the past).
2) Ability to repay (do you have the cash flow to make the loan payments).
To a bank, nothing else matters. Just like you in your business - banks and other lenders just want to get paid.