In this brief interview, CEO Chad Nesbit, who leads a business insurance firm with 18 locations in three states, shares how he deals with this situation, plus… How to replace essential face-to-face-meetings with something else that works; and What’s working well for some of his clients, what isn’t and why. “Being from a small town, […]
Minnesota is rich with hundreds of family businesses, dozens of which have lasted more than two generations. Bemidji Woolen Mills is a fourth-generation family business that on Oct. 9 turned 100 years old. The Duluth News Tribune just published this interesting story about its history. Other family businesses that are 100 years or older in […]
Knowledge is power and right now we all need more of it! What’s really happening? And what’s coming next? Join us as we find out through a polling of business owners and leaders in Minnesota (if you’re neither, please forward this to whoever is). All answers remain anonymous, and if you indicate you want them, you’ll […]
Covering these three items can help your organization rise above the competition, according to local expert Gary Braun. He provided these tips during a recent segment of One Take CEO Interviews courtesy of Platinum Group. Make sure you’re chasing the right prospects. “So often you set a strategy, you know who you want to go […]
It may sound simple, but the biggest missing component amongst the dozens of sales departments and organizations Gary Braun has helped over the years is performance management. “A lot of people put comp plans in place to help drive the right behaviors and I agree with that—to a point. Comp plans help. But people manage […]
Looking for an opportunity to buy into the brewpub business? A 4-year-old, 5,733-square-foot facility is available for $2.6 million in Fargo, according to the West Fargo Pioneer. Formerly known as BLVD Pub, the facility is located on an acre of land and was a popular destination, given its proximity to Sanford Hospital and Scheels Arena.
Pensions & Investments is reporting Wells Fargo & Co. is planning job cuts that could ultimately impact 20 to 25 percent of its workforce, or 50,000 to 66,000 jobs. If correct, as many as 4,000 jobs in the Twin Cities could be eliminated. The Twin Cities ranks as the second-largest concentration of Wells Fargo employees […]
During this short interview available to either watch or listen to, Platinum Group’s Bob Stewart discusses six essentials for a business to both thrive and survive long-term. * Have a good corporate governance structure in place including a board of directors that meets regularly; Keep up-to-date, accurate and thorough financials; Maintain a healthy relationship with […]
Bloomington-based Loffler Cos. continues to expand through acquisitions. Last week it announced it will acquire the copier and printer service and supply division of Reardon Office Equipment in Moorhead, Minn. Reardon is a multi-generation family owned business that started in the 1960s. Loffler also is family owned and began in 1986. Also within the last […]
Pat Brennan has seen a few things when it comes to why businesses fail or almost fail, to put it mildly. He’s a National Turnaround Association award winner specializing in financial restructurings at the Platinum Group, a business advisory that helps business owners and leaders navigate out of tough situations. Sometimes a business is too […]