BUSINESS

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BASIC BUSINESS CENTS: Analyze worth of a business before starting one

Don (Dominick) Shrello used to teach a seminar on opportunity analysis in which he listed decision factors – Is it Real? Can We Win? and Is It Worth It?

By Lou Schultz , September 01, 2010

‘Mad hatters’ cap wardrobes with color, warmth

‘Mad hatters’ cap wardrobes with color, warmth You might say that three Bemidji elementary teachers have gone mad as hatters in their retirement.

By Sarah Smith , September 01, 2010

COMMON CURRENCY: Prosperity requires more than just a free market PressPass

It certainly has been an interesting week for news. Oil prices went down, the trade deficit went up. The stock market went up. Then it went down. Stimulus spending saved the economy, or maybe not. The deficit is wrecking the economy, or maybe not. Inflation is on the horizon. Or maybe it is a deflationary spiral that is looming.

By Alan J. Zemek , August 25, 2010

Zula – the ‘gathering place’ on Main – captures femine mystique PressPass

Zula – the ‘gathering place’ on Main – captures femine mystique Zula on Main (Israeli slang for a gathering place to have fun) offers “a wardrobe not to be matched in a traditional department store.”

By Jean Ruzicka , August 25, 2010

BASIC BUSINESS CENTS:Ask pertinent questions before launching a business PressPass

Most of us dream of starting our own business someday. It can be the most rewarding, self-satisfying thing you could ever do in your life or it could be a nightmare if you encounter events for which you had not planned.

By Lou Schultz , August 18, 2010

Remodeled Osage business welcoming clientele PressPass

Remodeled Osage business welcoming clientele Business partners Jeff Christlieb and Michelle Schave attended a property auction and saw an opportunity they couldn’t pass up.

By Ellen Albee, for the Enterprise , August 18, 2010

Common Currency: Park Rapids, as a tourist destination, is a candidate for a local option sales tax PressPass

Common  Currency: Park Rapids, as a tourist destination, is a candidate for a local option sales tax I guess I have an unusual hobby. Economics, public finance and examples of good policy choices that actually work are something I get excited about. I know it’s weird; and mostly boring. I can make anyone look good at a party by comparison.

By Alan J. Zemek , August 11, 2010

Black Swan Cooperage will be relocating to Osage area, come fall PressPass

Black Swan Cooperage will be relocating to Osage area, come fall Heidi Karasch, at the age of 23, is the only known female cooper in the Midwest. As with any good apprentice in an artisan’s shop, she started by sweeping the floors of her dad’s cooperage.

By Nancy Leasman, FOR THE ENTERPRISE , August 11, 2010

BASIC BUSINESS CENTS: Charts allow business owners to track loss categories and make corrections PressPass

A histogram is, as its name implies, a look at the history of a process. It cannot be used to predict the future as a control chart enables us to do, but it is often useful.

By Lou Schultz , August 04, 2010

Video stores close, shrink as new deliveries change habits PressPass

Video stores close, shrink as new deliveries change habits In the midst of a remodeling project that cut the size of Take 2 Video in half, a hand-written sign was placed outside letting passers-by on South University Drive know the video rental store was still open.

By Sherri Richards , July 29, 2010

Four Seas restaurant satisfying appetites for authentic Chinese food PressPass

Four Seas restaurant satisfying appetites for authentic Chinese food Four Seas on Main is satisfying an appetite for Chinese food, the opening day earlier this summer an indication of the area’s craving for oriental.

By Jean Ruzicka , July 28, 2010

Fargo telemarketer to open new office in Duluth, bringing 200 jobs PressPass

A North Dakota telemarketing firm plans to open a new branch in downtown Duluth next month that will employ about 200 people.

By Candace Renalls , July 24, 2010

Revolving Loan Fund in place to help businesses attain growth potential PressPass

Park Rapids is developing a Revolving Loan Fund to utilize several pools of economic development funds.

By Anna Erickson , July 21, 2010

BASIC BUSINESS CENTS: Graphs portray ‘thousand bits of data’ on a business PressPass

In our previous column, we discussed collecting data so we can make decisions based on fact, not just on intuition, experience or opinion. Some people are comfortable looking at lists of data to make decisions but most of us prefer to look at graphs of the data in order to make sense of it. Remember, “a picture is worth a thousand words,” or in this case a graph is worth a thousand bits of data.

By Lou Schultz , July 21, 2010

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