09/08/2026
Attention business owners and future business owners! š£
Thinking about expanding your business? Need to establish or strengthen a line of credit? Then you need to know Gina Owsley at First Citizens Bank on Trolley Road in Summerville!
Gina recently shared 7 important steps to building a successful business:
1ļøā£ Build a relationship with a financial institution.
And yes⦠Gina says, āCall me!ā š
2ļøā£ If you need credit counseling, get it ASAP.
Donāt wait until thereās a problem to ask for help.
3ļøā£ Establish at least five trade lines in the businessās name.
Itās not just about having a credit card. Think vehicles, loans, and other forms of business credit.
4ļøā£ Pay attention to the back-office details.
Insurance, employee benefits, fraud protection, and the other things that protect the business youāve worked so hard to build.
5ļøā£ If youāre a business, consider buying your own building.
Build equity while you build your business.
6ļøā£ Have a succession plan.
Make sure your Will and/or Trust reflects what you want to happen to your business and your assets.
7ļøā£ Have a planāand work the plan.
Whether your goal is to expand, grow, or simply maintain what youāve built, know where youāre going and have a strategy to get there.
Thereās a lot that goes into building a successful business, and having the right financial partner can make a BIG difference.
If youāre a business ownerāor thinking about becoming oneāan introduction to Gina Owsley is a great place to start!