Twenty-six year industry veteran and ShearShare CEO Dr. Tye Caldwell breaks down one highly-publicized reason: non-existent relationships with your banker and the lack of bank credit. As we've seen during COVID-19 for the PPP loans, EIDL, and bridge loans, having that relationship is important when you’re in the beauty and barbering industry (or any small business, for that matter). One easy way you can start building a relationship today that won't cost you anything?
Visit your local bank once a week to make a deposit IN PERSON. Get them used to seeing your smiling face.😉