Small and mid-sized businesses are the engine of our economy. They’re how people turn their passions into their livelihood -- truly the “American Dream”. But owning a business comes with a whole host of questions: How do I get started? What type of business loan is right for me? How do Federal Reserve policies affect my business? When should I create a succession plan?
That’s where Cadence Bank can help. On “In Good Companies” we put together our extensive knowledge to guide you through the lifecycle of a business, from start to sale. Hosted by Executive Vice President Patrick Pacheco, who has over 25 years of experience in trust and asset management. We’ll hear from real businesses and subject matter experts to tackle the big issues: how to craft a bulletproof business plan, secure funding, grow responsibly and exit successfully. If you have a business, or are thinking of starting one, this podcast will give you the strategies to help you navigate opportunities and the financial and managerial tools to put you “In Good Companies”.
It’s the Economy, Stupid: The Fed, Economic Policy, and You
You turn on the news, you flip open the morning paper and there it is: the economy. It’s
up, it’s down, it’s sideways. GDP, the S&P, ABCDEFG. It can be hard to understand what
you’re seeing. But of course, this stuff matters—especially if you have a business. So how do
you make sense of it all?
Luckily for you, there are people like Tell Alessio, Treasurer at Cadence Bank. Tell reads
economic reports for a living and translates them so that mere mortals can understand. On this
episode of In Good Companies, we’re breaking down the economy—what is it exactly? What
makes it healthy or unhealthy? How can you tell a short-term blip from a long-term trend?
Tell will also guide us through the surprisingly accessible world of economic policy.
Who’s actually running things, and what does “running things” even mean? Is inflation bad?
What can you interpret from federal interest rates? And what is “reverse repo”? More
importantly, we’ll cover how these terms might affect your business, and how you can time
important moments in your company lifecycle with these trends to maximize return.
It might seem intimidating, but don’t worry, we’ll quantitatively ease you into it. This is
economic policy for everyone. So listen on!
Changing the Game: Alternative Lenders and the Disruption Mindset
For some entrepreneurs, there’s no blueprint for their business, because they’re reimagining their whole industry. We call these forward-thinkers “disruptors,” because their new methods can transform entire industries, leaving the traditional leaders scratching their heads, wondering how they got left in the dust. But what makes a business disruptive? And how should that disruptor expect to fare as it introduces investors and consumers to a new paradigm?
Of course, most businesses out there aren’t disruptive. But whether or not you consider yourself a disruptor, there’s plenty to learn from them. With Cadence Bank’s resident disruptor, Ross Vaughan, Executive Vice President of Commercial and Industrial Lending, we’ll explore how disruptors approach consumers and utilize technology differently, and how that could be the key for your business warding off challengers.
Financial institutions have dealt with plenty of disruption over the years. We’ll learn how banks like Cadence have innovated to keep pace with evolving technology. The current disruption facing the industry is the rise of alternative lending. On this episode of In Good Companies, we cover the ins and outs of alternative lending—the surprising details of how they work, what makes them different, and when one might make sense for your business.
Join us as we question all our assumptions, and ask the most powerful question: “What if?"
New Beginnings: Getting Ready to Start Your Business
Starting a new business is one of the most exciting and nerve-wracking moments in a person’s life. The stakes are high: depending on your situation, your whole net worth could be on the line. So how can you make sure that you’re in a position to succeed?
On this episode of In Good Companies, we’re talking business beginnings—the things you can do to prepare for what’s ahead. Guests Alan Thomes (Managing Director of SBA Banking, Cadence Bank) and Allan Adams (State Director, University of Georgia SBDC) join us to discuss bulletproof business plans, funding options, and developing relationships with key stakeholders. Together, we’ll uncover key resources, like expert consultation (for free!) from the Small Business Development Center and low-risk loans through the Small Business Administration. You’ll learn who you need to talk to and how to avoid the pitfalls of overexcited entrepreneurship.
Introducing In Good Companies
Introducing In Good Companies, launching October 2021.
Great Podcast about Business and Banking
This is a great podcast about business and banking. I would recommend it to anyone interested in either of these subjects.