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Small Business Matters

The Stearns Bank Small Business blog has you covered from relevant industry topics to guidance on big business banking decisions. Read our latest articles that might give you the advice you’ve been looking for to help your small business succeed.

Landscaping Company Adjusts To COVID-19’s Impact

Landscaping Company Adjusts To COVID-19’s Impact

Posted by: Stearns Bank on Apr 03, 2020

Rapid Robert Construction & Tree Services is advising its employees to practice social distancing while adjusting its cash flow to deal with COVID-19.

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Mutual Respect Creates Strong Financing Relationship For Landscaping Business

Mutual Respect Creates Strong Financing Relationship For Landscaping Business

Posted by: Stearns Bank on Feb 07, 2019

The owners of Supreme Lawn and Landscaping in Waite Park were looking at switching financial institutions after becoming disenchanted with their bank.

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Used Equipment Offers Advantages For Diligent Buyers

Used Equipment Offers Advantages For Diligent Buyers

Posted by: Stearns Bank on Jan 31, 2019

Whether bidding at a live or online auction, or visiting a local dealer, previously-owned equipment can be a big benefit for a small business owner.

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The Basic Process To Apply For Equipment Financing

The Basic Process To Apply For Equipment Financing

Posted by: Stearns Bank on Sep 27, 2018

Advice to prepare if you’re applying for equipment financing with a financial institution, especially buying equipment for your small business.

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Six Ways Seasonal Businesses Can Manage Their Cash Flow

Six Ways Seasonal Businesses Can Manage Their Cash Flow

Posted by: Stearns Bank on Aug 16, 2018

A small business may fail for many reasons – sluggish sales, start-up costs, competition. But the greatest challenge and cause of failure is cash flow.

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Why Succession Planning Can Make A Difference For Small Businesses

Why Succession Planning Can Make A Difference For Small Businesses

Posted by: Stearns Bank on Apr 05, 2018

Having a succession plan in place helps ensure your business can carry on even if there’s an unexpected loss at the top of your organization.

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