Taxes Last week, the House and Senate both held hearings on Governor Walz’s tax proposal, HF 1938. Even with a $17.5 billion budget surplus, the governor is proposing tax increases, including a new $1 billion annual payroll tax for the 24-week paid leave mandate, a 1/8th cent sales tax increase to the metro area forRead more
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Three company leaders share why they chose to live and build their businesses in Owatonna. Entrepreneurs need a certain amount of pluck to go into business for themselves, but the environment they choose is just as important. Does the location offer a supportive infrastructure for start-ups, a good pool of local talent and a network ofRead more
DEED awarded $4.3 million for business expansion in the state ASV Manufacturing Warehouse courtesy of ASV St. Paul – The Minnesota Department of Employment and Economic Development (DEED) today announced funding for five businesses through the Minnesota Job Creation Fund and the Minnesota Investment Fund. These projects are expected to leverage more than $30 millionRead more
Have a great idea for a business? Wondering how to test out your product – without risking everything? If so, you might want to develop a minimum viable product (MVP) – a “version of a new product which allows a (development) team to collect the maximum amount of validated learning about customers with the leastRead more
Every business goes through similar stages, no matter which industry it operates in. Knowing what stage your company is in can help guide you in focusing your efforts on the right activities for your current situation. Here’s an overview of the primary stages of any business. Stage 1: Development This stage actually takes place beforeRead more
When Covid was at its height, and businesses were being shut down by state government there was a promise to make them whole. Government grant programs popped up to support business-grants that were competitive and had to be applied for. The promise was that those who most needed the support would receive it. Local peopleRead more
