Getting to the Next Level: Small Business Growth

“Growth is never by mere chance; it is the result of forces working together.”- James Cash Penney

Small businesses are the backbone of the economy in America and our community. In fact, 99.5% of Minnesota businesses are considered a small business by the Small Business Administration (SBA). These businesses rely on their friends and neighbors in the community to succeed, and when they succeed, the excitement for growth spreads throughout the community.

One of their biggest supporters is the community bank that helped them from the very beginning. Trust me when I say there is nothing more exciting than seeing a small business grow, but how can a business get to the next level? What differentiators have driven growth that can help you get to the next level? The answers to these questions are what community bankers are here to help you find.

Business growth can be defined in an unlimited number of ways, for instance by:

  • Expanding your client base to a new demographic,
  • Opening another location or expanding your current one or
  • Upgrading equipment to the newest and greatest technology

 

While you want all aspects of the business to grow, you may have to narrow your focus to select key indicators for your business.

Whatever your growth focus is on, community bankers want to be there to help you navigate and understand the different processes of growth ranging from SBA financing to real estate loans. When you have questions about your loan options, community bankers will break it down so YOU understand everything you need to know about the various options. We are here to take as much time as you need to understand. Our goals are to help you meet your goals for growth. 

With a professional background in banking and a passion for our community, our Villagers are well prepared and equipped to navigate the challenges of growth with small business leaders. Our Village has a strong knowledge of how to pair passionate resources like community bankers with expansive resources like the SBA.

We're ready to climb the ladder of growth with you and the small businesses that make up Village Bank’s village.
Please reach out to our community bankers with questions.  We’d welcome the opportunity to support your business wherever it is on the ladder of growth!

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