Safeguard Finances In Case Of Natural Disasters
Posted by: Stearns Bank on Jul 20, 2021
No matter what your business may face, here are some simple ways you can prepare your small business before a natural disaster.
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5 Reasons To Open A Small Business In A Rural Community
Posted by: Stearns Bank on May 26, 2021
Having lower costs and building long-term relationships are two reasons why it's advantageous for entrepreneurs to start businesses in rural communities.
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Worker Shortage Sole Blip in Booming Construction Field
Posted by: Stearns Bank on May 21, 2021
Roy White owns a mason contracting business in western New York. He has plenty of work lined up but finding and maintaining an employee base has been hard.
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USDA Rural Development Loans – How To Apply & Qualify
Posted by: Stearns Bank on Feb 22, 2021
Find out how to apply for USDA Rural Development Loans and what program might be right for you, including the Business & Industry Loan Guarantee Program.
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Aging Gracefully – Avoiding Equipment Obsolescence
Posted by: Stearns Bank on Dec 07, 2020
No matter the business, avoiding equipment obsolescence is not easy. One solution is to investigate the viability of equipment financing.
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Landscaping Company Adjusts To COVID-19’s Impact
Posted by: Stearns Bank on Apr 03, 2020
Rapid Robert Construction & Tree Services is advising its employees to practice social distancing while adjusting its cash flow to deal with COVID-19.
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Mutual Respect Creates Strong Financing Relationship For Landscaping Business
Posted by: Stearns Bank on Feb 07, 2019
The owners of Supreme Lawn and Landscaping in Waite Park were looking at switching financial institutions after becoming disenchanted with their bank.
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Used Equipment Offers Advantages For Diligent Buyers
Posted by: Stearns Bank on Jan 31, 2019
Whether bidding at a live or online auction, or visiting a local dealer, previously-owned equipment can be a big benefit for a small business owner.
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Six Ways Seasonal Businesses Can Manage Their Cash Flow
Posted by: Stearns Bank on Aug 16, 2018
A small business may fail for many reasons – sluggish sales, start-up costs, competition. But the greatest challenge and cause of failure is cash flow.
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