News
Keeping track of your financial goals: The importance of budgeting for individuals and families
Jan 21 2023As we begin another new year, it is time to lay down a fresh blueprint of goals and aspirations. At this juncture, the usefulness of having a budget in our daily lives cannot be overemphasized. What is a budget? A budget is simply a financial plan that takes into accoun...
For most people across communities, their favorite shopping memories have occurred when visiting a small business downtown. There is something special about shopping at a local store where the owners greet you by name, swap stories with you, and ask about the kids. You can’t find that experience everywhere, bu...
5 Tips for Building a Remote Sales Team
Nov 14 2022It's nearly 2023, and people are working remotely most of the time now, which wasn't the case just a couple of years ago! It's a fascinating time, which brings its own pros and cons to the table, especially for leaders looking to build a remote sales team.
It can be challenging...
Manufacturing isn’t just for large businesses. In fact, 98.6% of all manufacturing companies in the United States are small businesses. At their core, manufacturing businesses create products from raw materials or components either by machines or by hand. Most commonly, these goods are made in plants, factories, and mills, bu...
If you give any leader the opportunity to increase their talent pool of potential employees by 15% — with all these new hires belonging to an underrepresented minority — they'd jump at the chance, especially given tight labor markets and CEO desires to increase headcount. Yet too few leaders realiz...
If you’re considering taking the leap from employment to self-employment, you’ll feel a mix of excitement and uncertainly. Starting a new business from scratch is a scary prospect for many, holding various unknowns. A better way is to make a plan based on your current situation. Start where you ar...
BISMARCK, N.D. – The Economic Development Association of North Dakota (EDND)
presented its annual awards for economic development during its Fall Conference Sept. 28-29
in Bismarck. Awards were given for:
Economic Developer of the Year
Emerging Young Professional of the Year
Community Development Award
Economic Development Project of the Year
“At a time when investment into ou...
AD: What were your company’s major challenges caused directly by the pandemic, and how did you handle them?
Norheim: Our major challenges matched those of many other companies, including supply chain hurdles, remote workforce management, and obstacles caused by operating during the pandemic since we were classified as an essential business...
Bright Spots of the Office Sector
Oct 1 2022After more than two years since the beginning of the pandemic, over 50 percent of the office-using employees are still spending most, if not all, of their working days at home. The office, once an undisputed necessity, has become a pandemic luxury at least for some of the well-established tec...
Over the decades, tourism has experienced continued growth, to become one of the fastest-growing economic sectors in the world. Modern tourism is closely linked to development and the number of destinations is only growing. Today, tourism has been one of the critical drivers amongst the industries that have helped socio-economi...
Inflation is impacting everything - from manufacturing, grocery, and retail to small businesses. Inflation has been reported to range from 6.8 to 8.2% for 2022 - staggering rates of inflation that haven’t been seen since the 1980s. The all items index increased 9.1 percent for the 12 months ending June...