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 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 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 […]
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 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 […]
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 […]
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 […]
By Tom Hubler, Executive Consultant When businesses talk about equity and value, they talk almost exclusively in financial terms such as how much the company is worth in dollars. This makes perfect sense given the purpose of a business is to make money to grow and sustain itself, its owners and employees. With family businesses, however, there’s another form of equity that must be worked […]
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. Ghost of a Chance? Firm Covers Hotel Costs to Attract 1,500 Temp Workers To lure 1,500 seasonal workers this fall, a Mankato-based business that owns Fun.com and […]
By Tom Hubler, Executive Consultant In a presentation at the University of St. Thomas Center for Family Enterprise Family Business Forum, John Davis, family business consultant, researcher and educator, commented that everything consultants like himself teach, their clients already know. In order to be successful, they need to confront or deal with the obstacles. Of course, the first question that popped into my mind was: […]