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Mar
28
Minneapolis

Mar-Apr 2020

Cover Story

Surviving COVID-19

When COVID-19’s arrival in Minnesota started forcing the closure of schools, restaurants and bars, it sent Minnesota small businesses reeling. Doom and gloom, ranging from layoffs to closings, dominated the headlines. Sarah Quickel, owner of Enchanté in Stillwater, heard all the noise and felt the same pain. But she also keeps plowing forward, finding ways […] Continue reading →

Letter From the Editor

Freaky cool

“I firmly believe in face-to-face contact,” declared Aaron Keller, co-founder of design firm Capsule. Granted, our interview was before the freak-out over the coronavirus arrived in the United States, but the thought nonetheless holds. “The massive move to so much digital, it becomes so shallow.” I like his solution. Every month for the last 10-plus […] Continue reading →

Back Page

Keyes contributing exit planning book targeting women

Women business owners looking for advice specific to their own challenges with business transition will soon have a resource. Julie Keyes, founder of KeyeStrategies, has written “Poised for Exit: A Woman Entrepreneur’s Guide to Business Transition,” which shares advice from business owners she has advised and from other transition experts. She also shares details around […] Continue reading →

Focus

Catching up

When GateKeeper Systems participated in the initial Upsize Growth Challenge in 2004, the company’s biggest challenge was diversification. The company was developing systems for vehicle access control at airports, such as helping them manage busy taxi queues. And it was growing slowly, but CEO Lynn Richardson was exploring other industries, from medical to manufacturing. In […] Continue reading →

Business Builders

Communications

As you’re reading the first few sentences of this article to decide if it’s worth finishing, an organization somewhere is in an unexpected, unwelcome event that could severely harm – or even end – its business and prospects. Chances are, that organization has done little planning to prepare, particularly in terms of how to communicate […] Continue reading →

Management

We are not turnaround specialists. Regardless, we are occasionally asked by intermediaries to intervene with a business in financial distress. Before accepting such an assignment, we ask ourselves, “Will CPR work for this business, or is it too late?” The answer almost always comes down to cash flow. With a troubled business, little else matters. […] Continue reading →

Marketing

Step into any sports venue and you’re immediately met by an array of corporate logos. Even before you’ve emptied your pockets at security, you’ve likely witnessed the logo of a naming rights partners on the venue, another over the gate and more on the outdoor marquee. There even might have been a sign for a […] Continue reading →

Workshop

Staying within the family

Whether it’s the preceding generation not wanting to let go, the succeeding generation being unwilling to acknowledge the need for outside leadership or any number of other potential problems in between, statistics show that the more generations a business stays within a family, the lesser its chances of staying successful. So, what steps can family […] Continue reading →

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