Business Central Magazine
Table of Contents September/October 2012

CONTENTS      
President's Letter:   The Business Side of Things 6
Editor's Note:   Fish Tales 8
Business Calendar:     16
Network Central:     20
Top Hats:     22
Cover Story:   OPTION MANAGEMENT 36
       
UPFRONT      
News Reel:   What's happening and who's moving.   Business news from around Central Minnesota. 10
Book Review:   Be the Elephant:  Build a Bigger, Better Business by Steve Kaplan 10
Your Voice in Government:    Hire A Veteran  Members of the armed services offer ideal employee traits, including a focus on responsibility and professionalism. 12
People to Know:     14
The Trouble with Business:  
Noncompete Agreements  Noncompetition agreements can be an excellent tool, but they're not the right fit for everyone.
18
BUSINESS TOOLS      
Management Tool Kit:   Recipe for Success  In the sales world, nothing is more important than prospecting. 24
Tech News
 
24
Going Green     26
TechStrategies:   An App for That  Today's computer apps allow businesses to engage customers and generate revenue. 31
Economy Central presented by Falcon Bank:     32
       
SPECIAL SECTIONS      
Welcome Back Students
    28
Central Minnesota
  Growth Guide
49
Smart Business
    51
Smart Business     53
       
THIS ISSUE      
Feature:   Risky Business  In today's economy any business can be a risky one.  Knowing your industry and finding creative solutions to control costs can mean the difference between success and failure. 44
Special Focus:   Growing Pains  Consider the potential benefits and challenges before making the decision to open a second location.. 48
Business Spotlight:   Russ Portele, Coldwell Banker Burnet
54
       
       
Online Only:   Innovation Motivation
 
    A Reading List for Innovators
     
    Content Marketing
     
    Forgotten Expenses
 
 


News & Events


View All Events ...

Online Only

  • Desperate for a new logo, but don’t have a budget to hire it done? These tips may be just what you need to make an inexpensive, creative logo.
  • Mobile ads have a redemption rate 10 times higher than that of traditional coupons.  And it’s not just for the big box stores. If you’ve been thinking about trying text marketing, maybe now is the time.  Here are some ideas to help you get started.
  • Small business owners need help, especially if they’re new to starting and growing a business.  But where do you turn for reliable, ongoing advice?  These suggestions will point you in the right direction as you seek the right person to match your business needs.
  • You can use IRS Free File to prepare and e-file your federal tax return for free. Free File will do much of the work for you with brand-name tax software or fillable forms. The only way to use IRS Free File is through the IRS website.
  • Facts About the Small Business Health Care Tax Credit
    The small business health care tax credit benefits employers who:
    ·       offer coverage through the small business health options program, also known as the SHOP marketplace
    ·       have fewer than 25 full-time equivalent employees
    ·       pay an average wage of less than $50,000 a year
    ·       pay at least half of the employee’s health insurance premiums
     
    Healthcare.gov offers information about insurance plans offered through the SHOP Marketplace.
  • The Secret Sauce
    To engage your employees, create an engaging workplace.
     
    The Gallup organization measures employee engagement annually and always discovers that the majority of workplaces do not really engage employees.  The survey results can help leaders design a workplace where employees are engaged and self-motivated.

    Using a feedback form can help employees focus on organizational and individual goals.

    Bruce Miles, Big River Group, has a variety of resources related to employee engagement available on his website. 
  • The 2017 Winter Institute is Thursday and Friday, Feb. 23-24. This year’s program features keynote speaker Deirdre McCloskey, a well-known economist, historian and rhetorician who will discuss “Liberal Ideas, Not Capital or Institutions, Make Us Rich.” 
     
    At noon on Friday, learn about innovation in action when a group of business owners share their stories.  From child care to farming you'll hear how following your passion and creatively serving your customers ends up in a better product and increased opportunities.  The session includes a combination of live presentations and video.  It is sponsored by the St. Cloud Area Chamber of Commerce.
     
    The Winter Institute is an annual celebration of economic education organized by St. Cloud State University and sponsored by the St. Cloud Area Chamber of Commerce and other local businesses and organizations. Registration is required and some events require admission fees.

Stay Informed

Click "SignUp" below to register for your subscription to BusinessCentral Magazine.

SignUp


Site Powered by Kentico CMS for ASP.NET  |  Web design and support by JDB Associates