Tips for Managing Your Aging Receivables Internally

Intellectual Capital Connection (05/2015)

Whether you decided to manage collections internally or outsource to an agency, effective management of your company's accounts receivables was crucial to maintaining positive cash flow for your business.

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Wearable Tech in the Workplace?

Intellectual Capital Connection (05/2015)

From smart glasses and watches to fitness bands, wearable technology is becoming increasingly sophisticated and commonplace.

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Hacking Is a Big Risk for Small Business

Intellectual Capital Connection (05/2015)

Could your small business survive an attack by hackers? According to a National Small Business Association survey, 44% of small businesses were attacked in 2013, and the average cost was $8,700.

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A Peek into Americans' Wallets

Intellectual Capital Connection (05/2015)

An average American adult carries $56 in cash, according to the Consumer Payments Research Center.

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What the Heck Is ERISA ... and Why Should I Care?!?

Intellectual Capital Connection (04/2015)

Well, since you asked … ERISA stands for the Employee Retirement Income Security Act of 1974 (as amended) – and it applies to most forms of retirement and deferred compensation plans offered by employers in the United States.

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Should You Go to "The Cloud" with Your Business?

Intellectual Capital Connection (04/2015)

Whether you're already doing business on the cloud or taking a wait-and-see approach, there's no doubt that cloud computing is driving a major shift in the IT landscape for business.

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Avoid These 5 Retirement-Planning Blunders

Intellectual Capital Connection (04/2015)

If you're like many small business owners, you are so sharply focused on running your business that your personal retirement planning may not receive the full attention it deserves.

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We Connect Businesses with More than Money

Intellectual Capital Connection (04/2015)

We can be a valuable resource in many business situations, providing information and linking you to services available in the community.

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Minnesota Industry Growth Rates

Intellectual Capital Connection (03/2015)

Q4 2014 | Job Growth

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7 Ways You Can "Mobilize" Your Business

Intellectual Capital Connection (03/2015)

Is there anything you can't do with a smartphone or tablet these days?

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Don't Overlook These Tax Breaks for Business

Intellectual Capital Connection (03/2015)

Tax laws are so complex and change so frequently that it can be easy for some provisions that could save you money to slip through the cracks when you file taxes for your business.

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Doing More With Less

Intellectual Capital Connection - Joe Bauer (03/2015)

To find out what some of our strategic partners are recommending to their clients to increase efficiency and maintain profitability, we decided to ask a few.

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Peer Groups: Work On Your Business - Not Just In Your Business

When the subject of networking or belonging to a networking group is raised, you may conjure up images of cocktail parties or high-pressure, high-volume meetings where members give a 30-second commercial and ask for lots of sales leads.

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Create a Business Succession Plan

Whether at a company with global reach or a small start-up firm, many business owners feel a strong emotional bond to the business, as if it were one of their own children. Naturally, they want to ensure that the company will be in good hands when they retire or move on.

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SWOT Analysis: Does Your Company Need One?

Knowing what market direction to take or products to develop is a tough challenge for many business owners. While a crystal ball would be nice to consult, a SWOT analysis may be even better.

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The Big Picture

  • State job growth rose 1.2% in December 2014 from a year ago; national job growth rose 2.2%.
  • State unemployment averaged 3.7% in December 2014; the national average was 5.6%.
  • Personal income rose 2.5% to $265.3 billion in Q3 2014 from a year ago.
  • Tax revenue increased 12.7% in Q3 2014 from a year ago.
  • Exports fell 7.3% to $24.6 billion in the first ten months of 2014 from a year ago.

Copyright 2015, Hoover's Inc., All Rights Reserved. This data cannot be copied, sold, or distributed in any manner without the written permission of First Research.

How to Balance Leadership and Management

Small Business Trends - US Small Business Administration (09/28/14)

“Anyone can hold the helm when the sea is calm.” ~ Publilius Syrus
This may be true, but small business owners are expected to “hold the helm” through both calm and rough seas. So when should you lead and when should you manage?

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Is Rising Small Business Regulation Driving Down Business Formation?

Small Business Trends - Scott Shane (01/12/15)

Small business owners are increasingly frustrated by government regulation, which they say has become a major problem in recent years. Twenty-two percent of small business owners surveyed to the National Federation of Independent Business’s November member survey say that governmental regulation and red tape is the most important issue that they face today, just one percentage point fewer than the fraction that identified taxes the number one problem.

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Small Businesses End Year With Strong Hiring

Inc.com - Associated Press (1/7/15)

Small businesses didn't let up on hiring as 2014 wound down, according to a survey by software maker Intuit. The company counted 30,000 more workers at its small business customers last month, matching November's reading and up from 15,000 in October.

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6 Key Predictions For Manufacturing In 2015

Manufacturing Business Technology - John Zegers (12/17/14)

The face of manufacturing in America has undergone more woeful changes than many of us in the industry care to remember. The recent past has been particularly painful, with economic downturns driving manufacturing overseas to take advantage of lower labor costs, and a generally depressed level of manufacturing activity becoming the norm.

Read the Article on mbtmag.com

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