Insights

What’s an Internship Program?
Internships have been receiving special attention lately with the popular Robert Di Nero movie The Intern and a lawsuit brought against Fox Searchlight Pictures by former unpaid interns claiming compensation. Against this backdrop of entertainment and law, what is an internship? What are the ...Read More

Financial Concepts for Small Business Owners
Minnesota business owners need to have a clear understanding of concepts such as budgeting, pricing strategies and cash flow in order to succeed. Some might think that they only need a business plan if they are going to seek equity or debt financing, but ...Read More

Having a Gambler’s Outlook Could Help Entrepreneurs
Most new commercial ventures fail within their first five years, and entrepreneurs in Minnesota and around the country are frequently warned that taking action without meticulous planning beforehand could be a recipe for disaster. However, some of the most successful business owners in America ...Read More

The Importance of Data Protection for Minnesota Companies
One truth to both life and business is that issues will arise. While some can be planned for, others will rise up unexpectedly despite the most proactive of plans. However, including data protection as part of a comprehensive business plan may limit the disruption ...Read More

Minnesota Startups and Venture Capital Alternatives
Minnesota entrepreneurs who are looking to start new businesses may be interested to know that industry insiders say seeking venture capital may not be the best way to obtain funding. According to a member of a Southern California venture capital firm, out of the ...Read More

Online Selling Platforms for Small Business Owners
Business owners in Minnesota who own brick-and-mortar stores may be able to augment their incomes and attract more customers by setting up an e-commerce site. E-commerce has been growing in popularity in recent years, as more and more customers choose online shopping for its ...Read More

New Year’s Resolutions for Small Businesses
As the start of every year, many people are thinking about the goals that they want to accomplish in their personal lives. Similarly, small businesses in Minnesota can list out their goals for the new year. However, there are a few resolutions that companies ...Read More

Creating a Successful Business Plan
When Minnesota entrepreneurs are starting a company, it is important that they create a business plan. A good business plan can serve several purposes. It can help owners determine what their goals are and how to meet them, and a plan can also help ...Read More

Errors to Avoid to Build a Successful Business Online
Building credibility and offering products or services that are in demand are only two factors that make an online business successful. Many Minnesota entrepreneurs might think that success comes naturally because creating an online business is easy. In reality, success only comes with proper ...Read More

Business Planning for Longevity
Minnesota entrepreneurs may want to learn about the potential benefits of preparing a six-year business plan. This perspective extends far beyond the two or three years that the conventional business plan addresses. Instead of just considering the short-term needs of the company, the six-year ...Read More