Keyword: finance
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Building a Business Plan

Christine and Austin Mayfield, owners of Juniper Coffee Roastery, say plan to spend double your projected numbers to give leeway for unexpected expenses. Austin says most financial institutions …

Many professionals find time and money to be a barrier to advancing their career with a graduate degree, and finding the right fit is a challenge as well. With this in mind, Drury University created …

Rusty Worley, executive director of the Downtown Springfield Association, says they have several partners that help connect entrepreneurs and small businesses to helpful resources. Worley says it’s …

Abby Glenn, development director with Habitat for Humanity, says the pandemic forced them to focus fundraising efforts on campaigns rather than events. She says they’re doing a virtual gala this …

Independent consultants Mary Overbey, Damion Trout and Lucas Walker say with the fluidity of many economic factors, now is the time to evaluate and make strategic plans. Make big decisions when …

Jason, John and Jeremy Chapman, owners of The Acoustic Shoppe, say though the pandemic caused a financial downturn, they’ve turned hardships into advantages. Utilizing the PPP loans, focusing on …

Lynne Meyerkord, executive director of the AIDS Project of the Ozarks says the pandemic has forced them to make a lot of changes. She says their federal grant money is currently secure, but she’s …

Richard Ollis, CEO of Ollis/Akers/Arney, says he expects some financial turbulence in both the stock market and regular finances from the COVID-19 pandemic. Ollis says you should stay on your …

Croley Insurance has been fielding questions from employers and employees alike wondering what options exist for continued health insurance coverage if the company lays off workers. Trevor Croley, …

Hold Fast Brewing owners Carol and Susan McLeod turned their fire station brewery into a drive through to accommodate the carry out only rule. The sisters say this is a big financial hit but are …

Tom Faulkner, director of Crosslines, says it’s critical for businesses to utilize services from local nonprofits to help impoverished workers. Faulkner says by partnering with a nonprofit to teach …

Jill Reynolds, private client advisor with Commerce Trust Company, says you can’t start planning for your retirement too early. “If you get started early, you should have very, very good results …

Kevin Wyas, founder of ECRI, says he would have saved time and money by outsourcing earlier in his venture. Wyas says by utilizing the expertise of others, you can advance your product to market, get …

“The big thing is a lot of people think you have to spend a ton of money to get started, and you really don’t,” says Kevin Wyas, founder of ECRI. Wyas says you’re better off starting small …

Alisa Lawler, Vice President of Marketing and Business Development with Multipli Credit Union, says many employees ask their human resources director about borrowing money from their 401(k) plan. …

Thor and Catherine Bersted started Lavender Falls Farm without a business loan. In this candid conversation four years into the venture, they share their personal ups, downs, doubts, and the lessons …

“The diversification of our company, not just geographically, but also in those vertical markets that we serve is huge,” says Gregg Scholtens, Executive Vice President for Nabholz Construction in …

Katie Baker, owner of The Gracious Plate, says the biggest challenge for a new business is making sure the money you have coming in covers your expenses. While renting a kitchen lessened expenses and …

“I think it’s really important when you’re starting a business to create good quality relationships. You want to find someone who has experienced starting a business,” says Debra Horn, Senior …

Debra Horn, Senior Associate with BKD, LLP, says it’s critical to keep track of cash flow in your startup. “Don’t mix your personal cash with your business cash. So you’re going to want to …

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