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

  • With a seemingly endless list of social media tools available for businesses, you might need help sorting out the best from the rest.  Here are eight that rise to the top.
  • You will find seven simple productivity tips and suggestions for tools to help you achieve them here.
  • Deciding whether telecommuting is right for your company requires pinpointing your company's goals, understanding what makes your workforce tick, and determining if the right tools are in place for a smooth transition. Here’s what three experts have to say on the topic.
  • Employee training can be costly, but here are a few pointers that can help you to get the most out of it and produce workers willing to go the extra mile.
  • St. Cloud ranked 30 in the 2013 Milken Institute’s Best Performing Small Cities Index, coming in #8 in relative high-tech GDP Growth.  You can review the complete report here, including  an interactive map.
  • The Cold Spring Granite Company has a long history in Central Minnesota, dating back to the arrival of Henry Alexander in 1880.  Today the company has rebranded as “Coldspring” to better represent it’s growing diversity.  You can find the company’s entire timeline here.

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