Positioning Small Business For Success

CBIA’s BizCast team speaks with TD Bank’s Mike LaBella about the bank’s history in Connecticut and how it works to help small businesses thrive in today’s economy. LaBella will also open CBIA’s Made in Connecticut 2022 Manufacturing Summit Oct. 27 at the Toyota Oakdale Theater. A year ago when he spoke at the conference, LaBella said we were in a different place—unsure of where the economy was going to go, and with interest rates near zero. “Today we have 8% inflation, the highest in 30 years, interest rates that are rising,” LaBella said. “It just shows what businesses in and of themselves have to go through, and how fast they have to change. We’re really there to support them.” LaBella said he encourages businesses to use the resources that are available to them to help with different needs.