Your banking relationship is one of the key professional partnerships for your business. Your banking partner is responsible not just for protecting and managing your assets, but also helps arrange financing to leverage your strategic plan and provides you with insights that come from working with a wide range of businesses.
Businesses have learned to do many things in new ways over the past two years. The business of human resources (HR) is no different. With the rapid adoption of remote work, the challenges of attracting and retaining talent, and evolving compliance and reporting requirements, a business’s benefits and how they are accessed and administered is…
Debt is an important and sometimes misunderstood part of a business’s balance sheet. Owners may mistakenly assume all debt is bad and should be avoided. The truth is more complex.
The state of public health and the economy over the past year and a half led large numbers of people to turn to charities for help. These same forces created both challenges and opportunities for business owners and high net worth families, many of whom have reevaluated what they want their legacy to be.
Business fraud is as old as business, but it’s constantly evolving and taking new forms. Especially over the past year and a half, with many workers first shifting to their homes and now returning to the office, security gaps and changes in behavior have emerged that fraudsters are able to turn to their advantage.
At a time when hiring and retaining quality employees is a challenge, some businesses are finding success by focusing on employee financial wellness, not just salaries (although those are important too). This strategy can not only boost recruitment and retention efforts but also improve employee productivity. After all, financial concerns are a leading cause of…
Deposit products offered by Alerus Financial, N.A. Member FDIC.
This content available on this site is provided for informational purposes only, is not intended as investment advice or solicitation. Alerus Financial, N.A. (Alerus) makes no representations or warranties as to the accuracy, completeness or timeliness of the information. Statements of fact are considered reliable but no representation or warranty is made as to their completeness or accuracy. The information is not intended to provide legal or tax advice. Alerus does not provide legal or tax advice. Always consult an attorney or tax professional regarding your specific legal or tax situation.