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5 Ways To Help Your Business Survive Tough Economic Times

Posted by: Stearns Bank on Jul 11, 2019

If the economy is slowing down, these tips on how to get through a downturn will help you make the best decisions possible.

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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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Nine Steps To Follow When Acquiring A Business

Posted by: Stearns Bank on Aug 23, 2018

When you’re acquiring a business, everything revolves around planning.

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How To Prepare Your Business For A Natural Disaster

Posted by: Stearns Bank on Aug 02, 2018

From flooding, to hurricanes to earthquakes, natural disasters can strike at any time.

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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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Funding A Business Acquisition And The Small Business Loan Program

Posted by: Stearns Bank on Jun 21, 2018

The SBA Loan program can be beneficial for buyers who are interested in acquiring businesses that do not have sufficient tangible assets to meet the collateral requirements of traditional bank financing.

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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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