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CDs vs. Savings Accounts: Which One Is Right For You?

Posted by: Stearns Bank on May 16, 2019

Both options offer guaranteed returns, but the best place to deposit your cash may depend on how long you’re willing to leave it in the bank.

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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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Women-Owned Small Businesses Are Building Momentum

Posted by: Stearns Bank on Dec 13, 2018

Women-owned businesses generated $1.7 trillion in sales and employed nearly nine million people as of 2017 and now account for 39 percent of all U.S. firms.

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Five Behaviors of Successful Business Owners

Posted by: Stearns Bank on Nov 15, 2018

Many small business owners are born with an entrepreneurial spirit, possibly tasting success with their first lemonade stand.

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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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Six Signs That You’re Ready To Hire Additional Employees

Posted by: Stearns Bank on Jul 19, 2018

For small business owners, it’s not always easy to know when the right time to hire new employees might be.

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Financing Terms Every Small Business Owner Should Know

Posted by: Stearns Bank on Jul 12, 2018

Key business financing terms everybody in the small business world needs to know.

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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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The Benefits Of An Ongoing Financing Relationship

Posted by: Stearns Bank on Feb 01, 2018

A business loan can be a brief transaction, with parties going their separate ways. However, there are great benefits to an ongoing financing relationship with your lender.

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