Greater Mankato was again on the global stage recently during the Select USA Investment Summit in Washington, D.C.
This is a yearly gathering of leading policy experts, government officials, investors and companies from around the world looking for opportunities.
Greater Mankato was there along with the state’s Department of Employment and Economic Development and a handful of other regional representatives pitching the state and our respective regions. Read More
The following article was submitted by guest-blogger, Sydney Lovold of Greater Mankato Growth member business, SERVPRO. June is National Safety Month, so SERVPRO is sharing tips for making and implementing an escape route in the case of a fire. Are you part of a Greater Mankato member business and have an interest in writing a guest blog for us? Send 500-800 words to email@example.com or reach out to Greater Mankato Growth with further questions.
SERVPRO of Mankato/Owatonna hopes your home or business never has to deal with fire or smoke damage. Sometimes, a portable fire extinguisher is not enough to save your property and the only thing you can do is escape.
A small flame can turn into a large fire in a matter of minutes. Lives are more important than objects, so get yourself and others out of danger.
SERVPRO of Mankato/Owatonna Offers These Tips for Escape:
- Make an escape plan ahead of time. Make sure everyone knows the plan
- Make sure that all doors and windows open easily
- Plan at least two different ways of escaping every room
- When you leave, close the doors and windows to shut in the flames
- Practice the plan
- Do not stop to pick up valuables. You can replace objects
- Make sure your plan includes a place to meet that is a safe distance from the home
- Do not turn off smoke alarms when you cook. You may need the warning
- If you have to go through smoke, crawl under it
SERVPRO of Mankato/Owatonna reminds you to call the fire department once you are outside the home.
Resources and Tips:
The following article was submitted by guest-blogger, Sydney Lovold. Sydney is part of Greater Mankato Growth member business, SERVPRO. Here, she shares tips of how to cope with the all-to-familiar basement flood. Are you a member business and interested in submitting a guest-blog post to Greater Mankato Growth? Send 500-800 words to firstname.lastname@example.org or reach out to Greater Mankato Growth with further questions.
The dreaded basement flood. We all want to pretend those three inches of water aren’t there and that the incident never even happened, but the longer you wait, the bigger the problem can become. Within the few minutes it takes you to wrap your head around what just happened, water is absorbed into your walls, floors, upholstery, and belongings. Furniture finishes may bleed, causing permanent staining on carpets, photographs, and books. Other paper goods start to swell and warp. In just the next 24 hours, drywall begins to swell and break down, furniture begins to swell and crack, a musty odor appears, and more.
Ignoring the problem for just 48 hours may cause mold and mildew to grow and spread (luckily, for those who do wait, SERVPRO’s highly trained technicians can be your best friend in mold mitigation!). Between 48 hours and 1 week, your doors, windows, and studs swell and warp, metal begins to rust and corrode, paint begins to blister, wood flooring swells and warps, and serious biohazard contamination is possible. Waiting longer than 1 week increases restoration time and cost dramatically, and structural safety, mold growth, and biohazard contaminants pose serious risks to you and your family. Always keep safety in mind first, and make sure to evacuate when necessary.
Have A Water Damage Emergency? Call (507) 200-3700
Since SERVPRO of Mankato / Owatonna is typically on-site within four hours, calling right away can prevent some of this damage. While you wait for that bright green truck to arrive, there are a few things you can do if you have determined it is safe to remain in the house. Keep in mind that electrical and “slip and fall” hazards are some of the most prevalent concerns, and that wet materials can be very heavy. Only do activities that are safe for you to perform.
What To Do When Your Basement Floods
- Remove excess water by mopping and blotting.
- Wipe excess water from wood furniture after removal of lamps and tabletop items.
- Remove and prop wet upholstery and cushions.
- Place aluminum foil or wood blocks between furniture legs and wet carpeting.
- Turn air conditioning on for maximum drying in summer.
- Remove colored rugs from wet carpeting.
- Remove art objects to a safe, dry place.
- Gather loose items from floors.
What NOT To Do When Your Basement Floods
- Don’t leave wet fabrics in place. Hang furs and leather goods.
- Don’t leave books, magazines or other colored items on wet carpet or floors.
- Don’t use your household vacuum to remove water.
- Don’t use television or other household appliances.
- Don’t turn on ceiling fixtures if ceiling is wet, and keep out of rooms where ceilings are sagging.
Basement floods can really put a damper on things, but don’t let it take control of your life, and don’t wait to get help! Instead of waiting and pretending it never even happened, let SERVPRO of Mankato / Owatonna restore your home so it really is “Like it never even happened.”
The following article was written by Kallie Kleinschmidt, who is part of Greater Mankato Growth member company, Eide Bailly. Kleinschmidt shares a few considerations to keep in mind as a business professional in a constantly changing world, along with information about Eide Bailly’s free webinar series.
At Eide Bailly, we get it. Change is hard, but it’s inevitable. This past year, our country underwent the Tax Cuts and Jobs Act—the largest tax reform legislation in 30 years—and it was a rollercoaster of change. These new rules and regulations caused confusion and frustration by impacting every business and all individuals in some way or another. The impact was seen not only in our own accounting practice, but also with business owners and individuals, which is what inspired us to find a way to keep our clients, colleagues and friends informed. That’s when we created the Business Trends Webinar Series. This year-long webinar series was made with you and your business in mind. We want to help you stay informed on current business trends, so you can plan for your future and prepare for change.
Each month, two to five one-hour long webinars are hosted online. They are free, open to the public, and they offer continuing education credits to all. These informational and educational webinars are hosted by some of Eide Bailly’s brightest thought leaders in the industry to keep you informed and up to date with current business trends, new regulations and any current changes your business could be going through at that time. We understand the importance of setting yourself up for success, so we cover a wide variety of topics each month to help you advance your business through information such as: information technology, tax planning, forensic accounting, employee benefit plans, small business owner retirement plans and more. Having the right information at the right time can help you make the best decisions for not only yourself, but your business, too.
To get you thinking about yourself and your business, here are our top four considerations for 2019 that may impact your business and lead to big decision making:
- Evolving Technology. The rate of innovation and technological changes are faster than anything we’ve experienced before. Staying abreast of new software solutions and how best to access information when and where you need it is incredibly important. This can lead to improved and quicker decision making along with increased efficiencies.
- Cybersecurity. Along with evolving technology, the risk of cybersecurity incidents has risen. Having a plan in place to protect your data and respond to cyber threats should they occur is crucial.
- Wealth Planning. Planning for your future has never been more important. Understanding new tax laws and putting a solid estate, wealth and retirement plan in place will provide peace of mind for successful financial future.
- Tax Credits and Deductions. Tax laws and regulations are constantly changing. Staying aware of available opportunities, including credits and deductions, can save you time and money.
At Eide Bailly, what inspires you, inspires us. We want to help you grow your business and find your own personal success. If you want to stay informed on current business trends and new regulations, consider joining us for any or all of our webinars at eidebailly.com/Business-Trends.
In the early 2000s, our community began Envision 2020 planning process, a comprehensive planning document spanning across municipal jurisdictions and connecting to the broader region. In 2006, the 400+ stakeholders of Envision 2020 rolled out a set of goals in 6 Key Performance Areas.
The following year the City of Mankato kept the momentum going rolling out another planning document identified as a need from Envision 2020: The City Center Renaissance Plan. This document focused on the downtown and identified potential projects and programs.
As you look through Envision 2020 and the City Center Renaissance Plan, most of the items on the lists have been checked off. The downtown of our community has transformed in alignment with the community vision painted nearly 20 years ago.
But how does that translate to dollars invested into the City Center? Read More
The Minnesota Department of Employment and Economic Development released the April 2019 employment figures on Thursday. The Mankato – North Mankato Metropolitan Statistical Area (MSA) saw a gain of 501 jobs or 0.9% year-over-year in the month of April.
Private sector hourly earning have significantly increased over the last two years. Since April of 2017, wages have increased 12.3%; to $26.87 per hour. Average hours worked (27.8 a week) has decreased as more employers try to offer flexible schedules to fill vacant positions.
Manufacturing employment jumped up 3.3% in April. This is the second highest (2017) rate of growth since 2001.
As part of the Talent Initiative, Greater Mankato Growth is publishing a guest blog series highlighting the programs, tools and resources that are available in our marketplace. This series can serve as a catalog or library for businesses to address workforce issues.
Mark Davis, chairman of Davis Family Holdings, will address entrepreneurs and business professionals on May 21. The following guest blog courtesy of a SCORE volunteer outlines the presentation with some background on Davis.