small business

While no product or service can be a good fit niche products have an even narrower market than most. Marketing a niche product starts with creating a marketing plan that’s in step with your business plan.  Read More
Jordan Hopkins always dreamt of owning his own company. In June 2017, that dream became a reality when he purchased his employer of the past 13 years — Perfection Heating & Air Conditioning, Inc. — with the help of a Small Business Administration loan.  Read More
Approximately 20 years ago, on the way to Hamline University's library, Freweini Sium felt so unsafe in the neighborhood that she took a bus on the short stretch on University Avenue. Today, however, she walks the neighborhood without hesitation, because today, Sium owns the block.  Read More

If you own or operate a​ Minnesota Corporation or Limited Liability Company, there are a couple of issues you must address by year end. Read More
The dream of owning a business is still a big thing in Minnesota. According to the U.S. Census and state filing records, between 8,000 and 17,000 new businesses are started in Minnesota each year. Only a small percentage hire employees. Typical start-up costs: around $20,000 to $50,000. Read More
This month, the interviewer becomes the interviewee. In the two years or so that Sue Hawkes has written this column, she has interviewed a number of inspiring and knowledgeable women. She distilled this knowledge into a new book, Chasing Perfection — Shatter the Illusion; Minimize Self-Doubt & Maximize Success.
MNBIZ: Why did you write this book?
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On the Up-and-Up
Minnesota’s rank went up from 21st to 16th in the latest Kaufmann Index for startup activity in the 25 largest states. Wisconsin remains in last place on the list, which is based, among other things, on the rate of adults becoming new entrepreneurs. California leapfrogged Texas and Florida to achieve the top ranking this time around.
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We asked a handful of 2016 (Real) Power 50 honorees and Manufacturing Award winners to share their recent wins, near-term plans, and expectations for the future. Here’s what they had to say, lightly edited for clarity and brevity.
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The founders of Tanzenwald Brewing Company have their roots in marine biology, dance, and theater—not what you’d typically expect of a brewing company. But in co-founder Jenaveve Pittman’s words, Tanzenwald’s business story “kind of starts with a love story.” Read More