Real World Chronicles
Entrepreneurs are jacks of all trades, balancing managing their small business, marketing, finance, sales and so much more. We've created this resource to help Maryland's busy entrepreneurs navigate the many challenges they will face as they journey from business creation to expansion and beyond with the exchange of ideas and best practices. We encourage you to share our articles and contact us to help you take your business to the next level.
Topics of Interest
The Benefits and Responsibilities Associated with a Small Business Retirement Plan by Michael Weber, WeberMessick
Bay Bank has Partnered with Rapid Advance by Mark Cerminaro of Rapid Advance
Improving Cash Flow Using More Predictable Payment Options - Part 2 by Deborah L. Matz of Bay Bank
With Change Comes Commercial Real Estate Opportunity by Chris Bennett of MacKenzie Commercial Real Estate Services, LLC
Succession Planning by Michael Paul Smith and Mariela C. D'Alessio of Smith, Gildea & Schmidt
Leasing Medical and Dental Office Space by: Stacie M. Dowling of Summerfield, Willen, Silverberg, Limsky, LLC
Managing Cash Flow - Part 1 by: Deborah L. Matz of Bay Bank
Starting a business is exhilarating, but it can also be overwhelming. I remember all too well the sleepless nights and stressful days of Firehook Bakery’s inception.Twenty five years of business success
has taught me something I wish I knew then: effective leaders must delegate.
President and CEO of Michael J. Chiaramonte & Associates
One of the most important parts of any business or venture is the “why.” If you do not know why you are doing something, it is often difficult to maintain the high levels of motivation it takes to be successful.
Director, Ellin & Tucker, Member of Bay Bank Board of Directors
After more than 43 years of business success, spending 32 of those helping establish Ellin & Tucker as one of the largest accounting firms in Baltimore and aiding countless entrepreneurial clients grow their own businesses along the way, I’ve learned a thing or two
about what works for companies and what doesn’t.
With a 30-year career that spans corporate and investment banking, private equity, and running a family Angus cattle farm, I’ve seen my fair share of ups and downs, as well as the ins and outs of what makes a successful business. Here are four key things
I’ve learned along the way.
President and CEO of The Time Group, Member of Bay Bank Board of Directors
There are multiple paths to becoming a successful entrepreneur. And success can be affected by numerous factors, from environmental influences to outcomes of decisions made along the way to a little bit of luck. When I was younger I may not have said my sole desire was to be an entrepreneur
. But I always felt comfortable assessing risk - a key requirement.