NEW SEASON, NEW CHANGES FOR YOUR BUSINESS BY SULLY PINOS I DIRECTOR, BUSINESS SOLUTIONS & INNOVATION
As the seasons change, now is the time to review your business set up with these tips from Fulton Bank Team Members: Aneury E. Perez, Multi–Center Financial Manager (pictured top right), Edouardo Thibault, Commercial Relationship Manager (middle), and Cedric Adams, Management Trainee (bottom).
RECORD KEEPING HABITS Keep receipts, invoices, and other related records that you would want to have access to quickly upon request. It’s helpful to also keep records of anything you would want credit for should any grants or lending applications ask for proof.
MARKETING YOUR SERVICES Since more people are booking staycations during the pandemic, there is value that comes from clients budgeting dollars to nearby communities that they normally wouldn’t have targeted. Don’t underestimate advertising any accommodations you are making for your clients during the pandemic, such as delivery options, or curbside/mobile services.
SEASONAL AND “JUST IN CASE” BUDGETING It’s best to get pre-approved for a line of credit while you can, rather than waiting until you need it and then not being able to qualify. Doing your research will inform you to make precise/conservative budgeting decisions, as many industries have been hurt with drastic fluctuations in pricing due to product demand and inflation during the pandemic. 08 • YoCo CONNECT | FALL 2021 • New Season, New Changes for Your Business
