BITN is a compilation of business stories from around Minnesota and neighboring states usually not reported on by Twin Cities media. These stories are curated by Platinum Group to provide business leads, trends and insights we hope you will find useful. Nerve-racking Times for Company with 16 Ukraine Locations West Fargo, N.D.-based Titan Machinery has 16 locations in Ukraine mostly located in the central and […]
How Quickly Can You Explain the Economic Model of Your Business, and What Drives its Success?
By Ron Leaf, Partner This may seem like a simple question but too often when we assess companies, we find there is a lack of understanding of, and/or attention to, the key drivers of the business. The owner or CEO has done many things very well but cannot explain a clear business model and how past results are used to enhance current activities and future […]
BITN – February 2022
BITN is a compilation of business stories from around Minnesota and neighboring states usually not reported on by Twin Cities media. These stories are curated by Platinum Group to provide business leads, trends and insights we hope you will find useful. Funding Bolsters Already Bright Future for Software Company Minneapolis-based Traction Capital has invested $500,000 into ControlBright, a Hermantown, Minn.-based industrial control software company enabling […]
9 Warning Signs You May Need Help
By Bill English, Partner Most entrepreneurs have several characteristics. Among the more prominent is a level of confidence – some would say arrogance – that enables them to believe they can beat the odds when taking a risk to win. Most of them are pretty good at what they do: They are competent at a trade, skill, craft, or they have a novel idea that can be […]
BITN – January 2022
BITN is a compilation of business stories from around Minnesota and neighboring states usually not reported on by Twin Cities media. These stories are curated by Platinum Group to provide business leads, trends and insights we hope you will find useful. ‘Bank Wanted’ Bremer Bank plans to close on April 15 the only bank located in Houston, Minn., citing as a reason digital adoption across […]
BITN – December 2021
BITN is a compilation of business stories from around Minnesota and neighboring states usually not reported on by Twin Cities media. These stories are curated by Platinum Group to provide business leads, trends and insights we hope you will find useful. November Midwest Economic Index Falls, But Confidence Gains Business leaders in nine Midwest and Plains states indicate the region’s economy remains healthy and have […]
Four Steps to a More Rewarding Life
By Steve Coleman, Partner We are entering a new season, a break from our challenging pandemic years… but not so fast: Now there is the omicron variant, and the growing realization that there may continue to be additional variations of COVID coming at us in the years to come. In the face of non-negotiable realities such as this, I offer up four commitments that are […]
BITN – November 2021
BITN is a compilation of business stories from around Minnesota and neighboring states usually not reported on by Twin Cities media. These stories are curated by Platinum Group to provide business leads, trends and insights we hope you will find useful. Central McGowan Makes Third Acquisition in 2021 St. Cloud-based Central McGowan has completed its third acquisition of the year with its purchase of Preferred […]
How’s Your Cash Flow Doing This Week?
By Pat Brennan, Partner How is your cash flow doing this week compared with what you expected two weeks ago? If you don’t know, you’re driving in the dark without headlights. It’s surprising to us how many times we work with business owners who know their budgeted versus actual profit and loss statements extremely well but only look at cash flow on an annual or […]
BITN – September 2021
Business In The News is a compilation of business stories from around Minnesota and neighboring states usually not reported on by Twin Cities media. These stories provide business leads, trends and insights we hope you will find useful. CHS Continues Major Expansion of Soybean Plants in Mankato, Fairmont Inver Grove Heights, Minn.-based CHS Inc. this week announced a major soybean refinery expansion and renovation project […]