Effective Strategies For Black Owned Businesses When Securing Capital And Accessing Bank Financing

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Entrepreneurship is a catalyst for economic mobility. Successful entrepreneurship requires resources such as business mentors, financial consultants, and other professionals who can help strategize and plan for the growth of your business. FPL’s BE PowerFL Powering Florida’s Black Businesses is committed to providing access to these resources so entrepreneurs can gain the knowledge and skills they need to effectively manage their finances and make informed decisions about their business.

Leveraging banking services to create economic mobility and taking advantage of the opportunities available is imperative. Black-owned businesses can in turn implement effective strategies and steps when accessing banking services. For example, there are proven steps to take when establishing banking relationships such as setting up multiple meetings with a personal or business banker as early as possible to ensure that person is a good fit for your company and goals.

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