Regents Bank Business Advisory Services
All world class athletes have personal coaches. Top ranked golfers, tennis players, quarterbacks, pitchers…they have a trusted advisor that provides them with objective advice to ensure that they continue to master the fundamentals, as well as master new, more effective techniques and strategies. They also utilize their advisor to help them recognize options that will help them out of tight spots. Should your business be any different?
The business banking professionals at Regents Bank offer you more than a business checking account and a pat on the back. We become a trusted advisor to you; we call it Consultative Banking. We listen first, advise second, then help implement. It’s a true consultation, not a product pitch. We’ve thrived for 10 years by helping businesses clear some pretty challenging hurdles.
For example, one of our clients is a 10 year old business that had outgrown their accounting firm. The business owner was loyal to the sole practitioner he had utilized when he started his business, but he knew that his business had outgrown the skill level of his accountant,. He didn’t know how to move on and find the right accounting firm to help him with the more complex financial issues he now faced and that were impeding his company’s growth.
Regents Bank provided introductions to a variety of CPA firms, from which our client selected one that he was very comfortable with and was confident could help him with his increasingly complex accounting needs. The new accounting firm helped our client establish enhanced internal controls and procedures by providing a more robust accounting system, which has led to increased profitability, as well as peace of mind. We helped our client define his challenges; we then provided available options and completed the process by providing appropriate introductions. Our client knew he was in need of a more experienced advisor and had no idea what he was missing until we helped open his eyes by explaining what was available, and then made appropriate introductions. His business has now experienced a very successful transformation and the owner is able to concentrate on running his business more effectively with advisors that match his needs and skill level.
What is the number one challenge that is holding your company back from experiencing the growth and profitability levels you’ve mapped out? What is the number one business issue keeping you awake at night? Give Regents Bank a call and experience for yourself our Consultative Banking services. Let’s talk about working together to get you where you want to go. We’re ready to listen, and we’re ready to help you move ahead.