Awards & Engraving

January '17

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16 a-e-mag.com • A&E JANUARY 2017 PEOPLE BUY FROM PEOPLE Sales & Marketing real difference to you and your family. Consult someone in your area then take time to compare the differences with individuals you trust—maybe your Think Tank. The way you legally set up your business will come with consequences such as state entity reports, tax filings, etc. Establishing a relationship with a bank is important to the smooth run- ning of your business. By relationship, I am not referring to knowing the teller's name that makes your deposits at the window; however, that is effective. (I suggest knowing as many tellers by their first name as possible.) But knowing the president, the vice president and loan officers might prove to be vital to you and your business. When you're meeting these people, represent your business well by dressing appropriately and being on your game. Setting up your account(s): I suggest you have at least two checking accounts. One for your general bookkeeping that you pay your bills through and general deposits (for the deposit of your col- lections). I suggest calling the second account a wire account. This account is for transfer payments, or giving account numbers in foreign countries. Use this account anytime there might be a chance for hacking, where you might have the chance of losing control, or have any thought of risk. One other account you need is a business savings account. This account is important not only for sav- ings (many beginning businesses will not have any savings), but your business might have loan funds—this account is for holding cash that isn't immediately needed to satisfy debt. Next month, we'll talk about Your Location, another story about "People Buy From People," and Our Facility. If you have any questions, feel free to call 1-317-546-9000 or e-mail me at stephen@a-1awards.com or write me at Stephen L. Capper A-1 Awards, Inc. 2500 North Ritter Avenue Indianapolis, IN 46218 Stephen Capper, along with his wife, Nora, and their daughters, Jami and Toni, owns and operates A-1 Awards, Inc. in Indianap- olis. He has been associated with the awards and recognition industry since 1958, and has given numerous seminars since 1979. A&E ORDER INFO 800.828.5260 SHOP @ PGRAHAMDUNN.COM PGRAHAMDUNN.COM HUNDREDS OF "MADE IN THE USA" ENGRAVABLE GIFTS CALL TODAY FOR A FREE CATALOG HUNDREDS OF " GIFTS PERSONALIZED F A L L 2 0 1 6 ORDER INFO DECORATIVE SIGN SERVING TRAY FAUX LEATHER 80 pg. NOTEBOOK 24 oz. TUMBLER

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