It’s a question that comes up often: How is Main Street doing? While downtowns across the country have faced challenges in recent years, Owatonna’s Main Street District is showing signs of resilience and growth. Despite some business closures, the district saw a net gain of 10 businesses in 2024, including new openings, ownership changes, relocations,Read more
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As numbers grow at the Downtown Thursday events put on by Main Street Owatonna, the economic impact goes up. Here’s some data from recent events. Average Spend Per Visitor:“Downtown Thursday” is an evening event, likely involving food, beverages, and some local retail. We’ll use an estimated average spend of $45 per visitor per event. Economic Multiplier:A conservative economicRead more
Federated Insurance has reached a significant milestone, surpassing $3 billion in total premium across its property, casualty, and life insurance lines. This achievement reflects the company’s strategic goal, set in 2022, to meet the evolving needs of its clients and association partners while expanding opportunities for its employees. The company had set its sights onRead more
Artificial Intelligence (AI) is no longer just for large corporations—small businesses can leverage AI to streamline operations, improve customer service, and increase efficiency. Here are some ways AI can benefit small businesses: 1. Automating Routine Tasks AI-powered tools can handle repetitive administrative tasks such as scheduling, invoicing, and email responses, freeing up valuable time forRead more
Our community is coming together to create brighter futures! This third event in our ongoing collaboration between businesses and schools—following the Business Mixer in September and Staff Tours in January—highlighted the power of working together to prepare students for life after high school. At the recent Lunch & Learn, 36 business representatives gathered to hearRead more
Staying ahead of economic trends is vital for business success in Owatonna. Our local economy is evolving, presenting both challenges and opportunities. Here are key insights to navigate the changing landscape. Small Business Growth Owatonna’s entrepreneurial spirit is strong, with new businesses emerging despite rising costs. Digital transformation, customer engagement, and partnerships enhance resilience. WorkforceRead more
Minnesota Surcharge Laws As of January 1, 2025, Credit card surcharging is legal in Minnesota if the fee can be reasonably avoided by the customer (like paying cash). All other mandatory fees and surcharges must be included in the advertised price. Minnesota law requires the seller to inform the purchaser of the surcharge at theRead more
Dear families, For nearly eight years, I have dedicated myself to making our school district and the community of Owatonna a better place. Throughout this time, I have had the privilege of leading a team who successfully navigated a pandemic and developed a growing online learning platform. I have worked hard to nurture business andRead more
For over 60 years, Culligan Ultrapure has helped families and businesses achieve peace of mind with pure, refreshing water. Renowned for their water quality expertise, the Culligan Ultrapure team provides products and services to ensure quality water is provided in homes, offices, and businesses. At Culligan Ultrapure thereRead more
Fiscal responsibility Job one for the Legislature is to enact a sustainable, balanced budget by May 19. The budget is projected to spend more than is collected over the next four years. Legislators must recognize that Minnesota businesses and taxpayers cannot afford new tax increases or additional workplace mandates. Good governance throughRead more
