Roland Emmans is head of technology sector for HSBC. In this piece, Emmans looks at ways in which technology entrepreneurs can get the most out of their bank.
Your banker can be one of your most powerful business allies, helping you with so much more than debt.
They can provide perspectives on other businesses, share their experience on how similar firms have developed, introduce you to useful contacts and, of course, provide a range of banking services.
Here are six ways that ambitious tech businesses can get the most out of their bank to support their growth aspirations.
1. Be open and honest
Many businesses will adopt a particular mindset when dealing with their bank centred on facts and figures.
Of course your banker will want to know about the numbers, but running a tech firm is a passion and I find that the most fruitful banking relationships happen when you share your hopes and dreams for the future of your business. Your banker should be passionate about supporting you so sharing your strategy and vision will really help them to understand your drivers....