Business Longevity: The Best Report Card for Business

What determines business longevity? If we all answered “Profitability, what else?,” we can’t be faulted for what perhaps 90% of people will answer. Turns out, there’s more to it than the “bottom line.” More precisely, profitability is the logical result of having the right mindset and attitudes towards the business which have longevity, not profitability, […]

Careful Pre-Planning Helps Complex Industrial Business Secure an SBA Loan

Rod Meyer had worked in Minneapolis 25 years with the market-leading industrial x-ray imaging equipment company, rising to vice president of sales and leading a tenfold increase in capital sales, before the company was sold and narrowed its product line. “The new company decided to focus on standard x-ray imaging systems. This decision opened an […]