Article from Risk and Insurance
Interesting summary article discussing the shortage of drivers contrasted with the increased regulation by the government.
It’s exciting to see all the activity and events that are schedule for the Minneapolis Start Up Week, next week. Start up businesses can face some daunting challenges especially when it comes to finding the funds to operate. Without history, sometimes finding those funds can be difficult, especially if the business wants to maintain all
We had the opportunity to attend a recent event focusing on bank lending, specifically SBA alternatives. The common theme in talking to a series of commercial loan officers seemed to be: The economy continues to be strong The main “worry” as to it’s continued strength centers around the worker shortage or “mismatch” as posted earlier.
Click here for an interesting article/interview with the president of the Federal Reserve Bank of Minneapolis addressing the topic of work shortage. This has been a topic for the past few years basically boiling down to the mismatch of skills and needs impeding growth in the manufacturing/business sector. When growth happens, Factoring, is a great solution
Another successful show discussing how Partners Funding, Inc. can “Help You, Help Your Client”. Saw many existing financial connections as well as many new contacts. Contact us to find out how we can be of help with Factoring for your clients or your business.
Following is a very nice summary of the local commercial real estate market that was recently published in a newsletter from Mitch Simonson at Chadwick Appraisals. It gives a top level view of the various building/construction segments. Of concern was the over-building of higher level apartment buildings last year but this analysis seems to put it
We enjoyed exhibiting, recently, at a community banking show. We learned much about the industry, gaining insights into some of the updated regulations as well as making some wonderful long term connections! “Helping you, help your Clients” was the adopted tag line.
The National Small Business Association just released a survey on business taxation. Some of the information was interesting and can serve as a good benchmarking tool.
A random sampling survey of manufacturer’s was completed last November by the Minnesota Department of Employment and Economic Development and the Federal Reserve Bank in Minneapolis. You can download the survey by going to this link. As a quick summary, “most of Minnesota’s manufacturers expect business conditions in 2017 to improve or be the same
The SBA has issued the Small Business Resource Guide for 2017 and can be found at the following link: Small Business Resource Guide 2017 For growing businesses, another great resource is Invoice Funding/Factoring. Check out the information or contact us to find out more!
We recently had the opportunity to present the concept of Invoice Factoring: A Tool for Growth to a group of small manufacturers. In all cases, the concept of being able to generate over 3 times more sales/bottom line dollars by simply reducing the time it takes to get paid, was well understood and received (an