1 00:00:01,440 --> 00:00:04,580 Congratulations you've made it to the end of this course. 2 00:00:04,590 --> 00:00:07,010 Thank you so much for watching this course. 3 00:00:07,020 --> 00:00:10,490 I hope you better understand business loans and how to use them. 4 00:00:10,500 --> 00:00:13,860 I like to end my courses by explaining where to go from here. 5 00:00:13,920 --> 00:00:18,760 I want you to take the knowledge from this course and turn it into action that improves your business. 6 00:00:18,990 --> 00:00:22,970 As I mentioned earlier build multiple sources of cash for your business. 7 00:00:23,010 --> 00:00:27,360 It may be business loans or it may be building personal cash reserves that you can invest into your 8 00:00:27,360 --> 00:00:29,040 company if it needs it. 9 00:00:29,040 --> 00:00:34,830 For example if lines of credit would likely help you working on setting them up now so they're ready 10 00:00:34,830 --> 00:00:36,390 to go when you need them. 11 00:00:36,600 --> 00:00:41,990 A good place to start for many of these loans is with a business banker of your local bank or cranium. 12 00:00:42,120 --> 00:00:47,610 They may be called business relationship officers small business banker business lender or some similar 13 00:00:47,610 --> 00:00:48,690 title. 14 00:00:48,750 --> 00:00:54,750 These bankers are a wealth of information about lending and cash flow for your specific circumstances. 15 00:00:54,750 --> 00:01:00,480 I recently spoke at a reception for small business owners hosted by a credit union owner after owner 16 00:01:00,510 --> 00:01:03,980 talked about how helpful their business officers had been to them. 17 00:01:03,990 --> 00:01:08,610 These owners even said that their officer couldn't always give them the loan they wanted but showed 18 00:01:08,610 --> 00:01:13,150 them what to do to build their financial health and become eligible for the loan. 19 00:01:13,170 --> 00:01:18,210 I made a few jokes about bankers in this course but most of them are people like you and me that just 20 00:01:18,210 --> 00:01:20,280 want to do their best to help others. 21 00:01:20,340 --> 00:01:25,500 If you're ever uncomfortable about the advice you're getting from your banker talk with your CPA tax 22 00:01:25,500 --> 00:01:28,780 preparer or financial planner to get another perspective. 23 00:01:28,860 --> 00:01:32,790 I wish you profitable growth with steady cash flow and I wish you well.