pivoting

YOUR BUSINESS

stabilizing

YOUR BUSINESS

Funding

YOUR BUSINESS

SCALING

YOUR BUSINESS

Our Story

Welcome to Strategic Thinktank

Founded in 1994, Strategic Thinktank, Inc. is a small business advisory consultancy offering practical and results-driven strategic solutions to small and mid-sized (SMB) businesses.
Our consulting practice is located in Farmington Hills, Michigan.
We have over 25 years’ experience counseling, mentoring and coaching startups, and growing small and mid-sized businesses.

Testimonials

What People are Saying

Don’t Miss

Our News And Events

Small Businesses Are Borrowing Again, Mostly on Lines of Credit

Small Businesses Are Borrowing Again, Mostly on Lines of Credit

New lending followed, and businesses are borrowing to operate rather than to grow. A line of credit funds working capital: payroll, inventory, and the cash-flow gaps that open when customers pay slowly. A term loan funds expansion. The figures show which businesses are reaching for: total new loan balances rose 9.9% from a year earlier, but new lines of credit rose 31.1% while new term loans slipped 0.9%.