Business has been bumpy during the recession. But truthfully, almost every business, in any economy, has undergone many twists and turns.
When bankers analyze tax returns to make the best loan decision, you are always looking for clues to whether the business is successful, will become successful, or regain success. It helps to remember that even in a great economy, the road to success is not paved. Bumps. Twists. Breakthroughs. Turns. Stumbles. Breakthroughs.
Frank Coker of Corelytics brought this article to my attention and it sure rang true with me. If you have a business borrower in a rough patch, it might be the economy. Or it might just be business as usual!
Enjoy! And then tell me what you think.
