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Five Tips For a Smart Succession Plan

Owners and co-owners of a business get to enjoy the unique satisfaction of being their own boss and creating opportunities for others. They also have the satisfaction of having some measure of input into who will carry on their legacy.

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Going Back to Basics for Business Capital

Capital is a catalyst. It is a necessary ingredient for a business to launch, grow, make an acquisition, transfer ownership, or weather challenging times. Lenders play a crucial role in helping businesses achieve their goals – and there are lots of things businesses can do to make the process smoother and more effective.

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What Should You Look For in a Bank?

Whether as a business or an individual, your relationship with your banker and financial advisor is important. It requires a high level of trust that goes far beyond simply securing your money, conducting a transaction, or paying interest. As the banking industry has changed, customers have options that run from new online-only banks to huge…

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Business Banking when Working from Home Ideas

With more and more of us working from home, the trend towards mobile and remote banking for businesses is picking up steam. Lots of us are comfortable using this technology for our personal finances, but it’s worth considering how business banking is different and what you and your bank can do to protect your business…

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Reimagining Your Place of Business

When rapidly changing economic or consumer trends hit a business’s bottom line, they might need to reimagine their business plan as well as their space. Businesses may find themselves wrestling with questions like: What is the role of the physical space my business occupies – to make things, sell things, provide a place for individual…

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How Bundling Benefits Helps Your Business and Your Employees

In today’s tight workforce market, bundled benefits can help both businesses and employees. Employees appreciate more flexibility and greater freedom of choice in health, retirement and other benefits. Businesses enjoy the efficiencies of consolidating the services, especially with Alerus professionals who also understand a client’s business goals and challenges. “We’re helping more small businesses harness…

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