Although farm management has changed over the years, one thing has remained constant: It takes money to run a successful agricultural business. Whether it’s buying new land or purchasing different equipment, things can really add up.
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Buying your first business: tips from Mike Kadinger, Sioux Falls Outdoor Equipment
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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Building vs buying a house : What is right for you?
If you’re stuck between building and buying a house, ensure you have all the information you need before making your decision. Take a look at the pros and cons of both building and buying a house and inspect the price difference between the two.
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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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Buying a house in winter can have its advantages
With the exception of a few sun belt states, buying a house in the winter just seems off. The traditional time to go from listing to listing is spring and summer. But while things slow down this time of year, there are some hidden advantages to choosing winter as your buying season. In fact, experts…
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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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The pros and cons of giving gift cards during the holidays
Gift cards might be the perfect solution to finding a present for everyone on your list this holiday season.
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Why you should shop locally
Try shopping local this holiday season and in the future. Whether you’re buying groceries or material items, heading to a local store benefits everyone, no matter the time of the year.
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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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Be safe when shopping online this holiday season
Online shopping has its perks, but there are also risks involved. Knowing how to shop safely online this holiday season is essential to ensure your credit card and personal identifying information stays out of the wrong hands.
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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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The first 5 steps to starting your own business
Entrepreneurship, it’s been said, is the great equalizer.
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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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Budget and plan to make your money last in retirement
Planning your retirement budget may not be a fun or exciting activity. But, it certainly is an important one. Have a solid financial plan to prepare for anything your post-career years have in store.
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