Not all businesses were affected by the economic turmoil of 2020-2021 equally. Some businesses will require careful nurturing to recover. Others saw a drop in expenses, increase in business, or both, and may have more cash and liquidity.
A year of forced innovation and improvisation has transformed the way people work in ways both obvious (work from home, anyone?) and not so obvious. For businesses looking to the future, there are big decisions to make that could have a significant impact on the ability to attract and retain talent, and on maximizing the…
As people and businesses emerge from the pandemic, we are constantly finding ways in which the business landscape has shifted. The coming year will continue to highlight the temporary and permanent changes to business as a result of the pandemic. A quick COVID checkup can help make sure you’re on track in the wake of…
Owning or running a business is a thrilling but stressful endeavor. Long hours, few peers, and knowing other people’s livelihoods depend on you can cause many sleepless nights. Add in the false expectation that a business leader should be an expert in all areas of business and the pressure can be overwhelming. Alerus can help…
The coronavirus pandemic has delivered many challenges and changes to businesses and investors. But with change comes opportunity. As commercial real estate (CRE) needs shift and evolve, now may be an ideal time to invest in CRE ownership. Here are a few tips to consider when seeking financing.
For business owners, staffing will always be among their top concerns. Will you be able to attract the talent you need? Can you keep the skilled employees you have? The short answer is yes – if you are strategic and follow through on things that matter.
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