Span of control is an issue because removing too many managers could leave the remaining managers with too many employees to effectively supervise leading to potential productivity and accountability problems. If your business legitimately has too many managers across too many layers it probably makes sense to evaluate alternative configurations. Your bottom line can be enhanced by taking out unnecessary personnel and layers. But consider the span of control issue before making those cuts. Too Conservative Businesses need a partner when entering into banking relationships.
Some financial institutions are simply too conservative and act more as watchdogs than partners.
Borrowing money from ultra-conservative financial institutions can be limiting since there will be times when more money needs to be borrowed than the institution is willing to lend. In relationships where the institution understands the risks and needs of businesses, there tends to be a much higher level of partnering. Look closely at the relationship with your lending institution. Remember that you are looking for a partner, not a dictator. But unless a business operates in a true commodity industry, there are opportunities to compete based on value.