Mike Kadinger, a first-time business owner, purchased his company 1-1/2 years ago. Encouraging others who may have an opportunity to buy their own business, here are a few tips Mike learned transitioning to new owner.
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Insuring your business’s stability: Key person insurance and buy-sell agreements
What if you lost an integral employee because they leave their position unexpectedly or pass away. That’s where business life insurance steps in. Key Person Life Insurance and Buy-Sell Agreements will support this transition so you can focus on the next generation of your business.
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Create an effective business succession plan: a checklist for passing the torch
Whether you own a family-run business or a growing enterprise that deliberates in a fancy boardroom, you need a succession plan for your business.
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End of life planning: How to effectively prepare
It’s not fun to plan for the what-ifs, but organizing affairs and creating a care plan for your loved ones can make it easier when that time does come. There are many factors to consider and documents that need to be reviewed. Learn more in this article.
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5 Tips to Grow Your Business Safely: Lessons from Dan Winkowitsch, Tri-State Grain Conditioning
Even though Tri-State Grain Conditioning’s products have a global reach, Dan believes it’s important to operate the business at a local level to make it grow. Here are Dan’s five essential tips for current and future entrepreneurs to grow their businesses successfully and safely.
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Enhance your protection with business interruption insurance
Business interruption insurance can help replace lost income and cover expenses if you’re ever forced to close your doors.
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The ins and outs of farm management
The modern farmer is required to know much more than just harvesting produce and raising animals. Here is everything you need to know about managing your farm well.
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Fraud prevention: How to protect yourself from scams
With the technologically advanced world that you’re living in, it’s important to know how to keep your information safe. Learn about fraud prevention in this article.
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Dream Big: Blue Haven Barn
Amanda Nelson, founder and owner of Blue Haven in Sioux Falls, South Dakota came up with an idea, put together a plan, and assembled a team. Fast forward: her company is winning awards.
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How gratitude actually grows your financial well-being
Gratitude helps us appreciate who and what fulfills our lives. But growing research also shows gratitude’s benefits stretch beyond feeling good. It improves our health, relationships with other people, and our financial well-being.
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6 quick tips to save money on grocery shopping
The average American spends a quarter of their income on groceries. That is a big slice of your monthly budget. Everyone is looking for ways to cut down their food spending, so here are six quick tips to help you cut down your grocery bill.
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Dream Big: Fortune Transportation
Fortune Transportation, Windom, Minnesota, found its success by specializing and serving the specific needs of a defined set of customers. In the business world, this niche strategy, can serve a business well but often hard to adhere to when planning for growth for the long-term.
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How con artists use scare tactics for scams (and how you can stop them)
Scams can take endless forms, but intimidation scams are the most threatening and familiar. When we break down how scare tactics work, it can be easier to spot them and stop them. Here are 3 ways con artists use scare tactics and how you can stop them.
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What is a HELOC? And, how can it help you build your dream home?
Whether you want to fix a new house or spruce up your forever home, renovation projects can quickly add up. But there are financial services your bank offers that can help make your dream space a reality without breaking into your savings.
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What does long-term care insurance cover?
Long-term care insurance can help you climb the financial burdens that long-term health services can be when age, injury, disability, illness or cognitive impairment keeps you from being able to take care of yourself.
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What does the home of your future look like?
Whatever your goal — to buy, build or update your house — the home of your future will almost certainly be more convenient, more efficient, and a little more fun to live in!
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Dream big: how to move up in your career
The U.S. is moving through a period of reckoning with the workplace. For individuals, it can be challenging to know how to navigate these changes in their career trajectory. It’s also about finding work that feels both challenging and fulfilling. Here are our top tips for taking steps to move up in your career.
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5 banking fees you can easily avoid to save you money
Banking fees are the cost of a service that a bank provides. Fees are a fact of banking, but with some planning, you can save yourself extra money from overpaying on fees. Here are five banking fees and how to avoid them.
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Dream Big: Gag Sheet Metal
Owning a business comes with great responsibility. Taking over a family business that’s been around for over 100 years adds yet another layer of complexity. Learn a few tips from Gag Sheet Metal located in New Ulm, Minnesota.
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What is disability insurance and why it’s key to protecting you financially
Ask yourself this question: “If I couldn’t work for six months or a year, what effect would that have on my household?” If you work full-time and have people who rely on you, it’s probably time to consider disability insurance.
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