by Steen Stovall | Feb 8, 2021 | Biz Tips
In the normal life cycle of every business there are going to be some periods of highs and lows. However, there may be periods when the highs may get really high and the lows may get really low. It’s during those times a business owner has to make some critical and...
by Steen Stovall | Nov 12, 2020 | Biz Tips
What are the Five Key Financial Ratios for Small Business Owners Small business owners often overlook the importance of financial ratios. Financial ratios, simply stated, are tools that turn a business’ raw numbers into information that can be used to determine and...
by Steen Stovall | Oct 29, 2020 | COVID-19 Response
Strategic business planning during the COVID‑19 pandemic can feel hard, oppressive, or even downright impossible. This pressure is exactly why business owners must have a plan now to make informed decisions about their futures. The ag economy has always been...
by Steen Stovall | Mar 12, 2020 | Biz Tips
A strategic plan is a written document used to focus a small business’ plans for the future. It summarizes its goals and clarifies why they’re important. The strategic planning process also helps small businesses pinpoint the areas in which they need to improve in...
by Steen Stovall | Dec 19, 2019 | Biz Tips
Buildings often outlive their original purpose. Outdated gas stations become obsolete, factory and mill buildings remain standing long after the industries they supported disappear, or architecturally ornate government buildings stand vacant as societal needs change....