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Banker

Of course you will want a checking account with a bank. But more than that, you should have a good business relationship with a bank. A good bank can handle your accounts, provide you with a line of credit, handle your credit card transactions, and even give you valuable business information.

Make an appointment with the manager or account representative of several banks in your area. Tell them you’re opening a martial arts school in the neighborhood and are interviewing banks. Compare overall service, fees, and whether they offer the specific services you need. In your interview with a banker, you are doing three things: First, you are getting enough information about fees and services to make an informed decision about where you want to bank. Second, you are feeling out where you might be able to get a loan and what would be required in doing so. And finally, you are getting a feel for the “personality” of each bank and the people who run it. Based on these three kinds of information, you make your choice of bank.