Episode 41: Taking the Long Run. Small Business Outlook with James Beckwith of Five Star Bank

NFIB California

Navigating today's challenging waters as a small business is no easy feat. Join your host, John Kabateck as he talks with James Beckwith, CEO of Five Star Bank, as they discuss valuable insights on the ever-evolving economic conditions, the fluctuating interest rates, and their impact on small businesses. They touch on important lessons learned from the pandemic exemplified by tthe success story of a small business making bold moves amidst these crises. And what about the commercial real estate market? Certainly, any small bank can attest to the challenges in the category, or are they opportunities? With James's expert perspective, the conversation unravels the challenges and opportunities small businesses might face in this arena. Jame's provides a reassuring outlook on the current state of the banking industry, leaving us all a bit more informed. Lastly, the often-underestimated essence of a robust relationship between small businesses and their banks is reiterated. The episode closes with the explanation of the expansion of Five Star Bank into San Francisco, reflecting optimism about the city's future. The move underscores the value of community banks that are more nimble and responsive to the needs of small businesses. Whether you're a small business owner or an aspiring entrepreneur, this episode presents insights, stories, and pragmatic advice. For more information about Five Star Bank, visit www.fivestarbank.com To learn more about NFIB California, visit www.nfib.com/ca