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Nothing in business stays the same. That applies to everything from changes in consumer behavior, executing business growth strategies, implementing innovative technologies, and employee benefit expectations  — but it also pertains to leadership styles as well.

In today's corporate landscape, the concept of employee wellness has transcended from a mere buzzword to a fundamental necessity for the success of any organization.

Small business owners often wear many hats and juggle multiple responsibilities. Amidst this hustle, there is one critical aspect of running a business that demands attention: Managing your finances. Clearly distinguishing between personal and business finances isn’t just a good practice — it’s essential to sustainable growth and compliance. 

In the world of entrepreneurship, guidance from those who have walked the path before is invaluable. Bruce and Paulette Teigen, co-chairs of the Southeast MN Chapter of SCORE Mentors, are shining examples of how seasoned entrepreneurs can transition into roles of mentorship, offering their wealth of experience to business owners at every stage.

Innovation remains the cornerstone of business triumph. Entrepreneurs and driven leaders persistently pursue excellence to nurture their enterprises and vie for distinction within their sectors.

While we highly esteem all SCORE volunteers across various capacities, Jim Gasper's exceptional commitment distinguishes him as a standout figure at the South Metro Chapter in Minnesota. With 15 years of dedicated service as a SCORE volunteer, Gasper has demonstrated an exemplary dedication to SCORE’s mission. With a wealth of corporate and agricultural experience, Jim has become a valuable asset to the South Metro Chapter.

It’s easy for small business owners to get bogged down with day-to-day operations — there’s probably no shortage of urgent tasks that need your attention. As a result, setting aside time to check on your business’s financial health might get pushed to the back burner. 

That seems like a straightforward question.  Many business owners think about that. Sometimes because they are thinking about possibly selling the business, sometimes because they are doing financial planning for retirement or passing the business along to heirs, sometimes because they want to borrow against the business for new investments or growth and sometimes because they are just curious.  So, let’s look at each one to understand how the value might change and what it means.

Every corporate leader stands to hone their interpersonal skills and become a better person by lending a simple hand to those in need.