Starting a small business is often fueled by passion, ideas, and the desire to build something meaningful. But as many entrepreneurs discover, success also depends on preparation, planning, and having the right support system. That’s the focus of Episode 6 of the CBC Connect Podcast, where host Matt Malone is joined by Skip Long, Vice President and Lowndes County Market President at CBC Bank.
Together, they discuss what aspiring business owners often overlook and how a community bank can play a vital role in long-term success.
From Idea to Execution
Skip Long explains that CBC Bank regularly hears from individuals with a strong business idea and a clear passion, but limited knowledge of how to move forward. Every business begins differently — whether it’s a franchise, a family-owned shop, or a startup built from the ground up.
One of the first considerations is location. Is the business purchasing property, leasing an existing space, or building new? Having a local banking partner who understands the area can help entrepreneurs avoid costly mistakes, especially in locations where previous businesses have struggled.
Understanding Capital Needs
One of the most common challenges new business owners face is underestimating how much capital is required to succeed. Many businesses do not become profitable immediately and it may take months, or even longer, to reach consistent cash flow.
CBC Bank helps business owners evaluate operating capital needs, lines of credit, equipment purchases, inventory financing, and longer-term funding strategies. While the bank doesn’t write business plans, it helps connect entrepreneurs with trusted local resources, including the Small Business Development Center at Valdosta State University.
Why Community Banking Matters
While most banks offer similar financial products, Skip highlights that the real difference lies in relationships. At CBC Bank, lenders are accessible, local, and invested in the success of their customers. Business owners have direct access to their banker — often including personal cell phone contact — and can expect guidance throughout the ups and downs of entrepreneurship.
CBC Connect E6 video
This relationship-driven approach allows CBC to walk alongside business owners, helping them navigate challenges, answer questions, and adapt as their business grows.
A Final Word of Advice for Entrepreneurs
For those considering starting a business, Skip offers one key piece of advice: do your research. Understand your industry, your market, and your funding needs before taking the first step.
Preparation and awareness can make the difference between struggling to stay afloat and building a business positioned for long-term success.
Start the Conversation
If starting or growing a small business is on your mind, CBC Bank is ready to help.
📞 Call 229-242-7600
📍 Visit a CBC Bank branch in Valdosta, Hahira, Tifton, Moultrie, or Baytree Road
🌐 Learn more at cbcbank.com
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Commercial Banking Company is a Member FDIC and Equal Housing Lender. The views expressed in this podcast are for informational purposes only and are not financial advice. For current rates, terms, and product details, please visit CBCBank.com or your local CBC Bank branch.