Skip to content

Why Clustering like Businesses Works

Why Clustering like Businesses Works Have you ever wondered why some areas seem to be a hotspot for similar businesses? Several restaurants in the same neighborhood, jewelry stores on the same block, or even similar business models opening in the same community. It’s not just coincidence – it’s called clustering, and it’s a game-changer for…

Read More

4th Quarter Economic Growth

4th Quarter Economic Growth Last week, the Commerce Department reported that U.S. Gross Domestic Product (GDP) increased by a seasonally and inflation adjusted annualized rate of 3.3%, more than double the 1.5% expected by most economist. Positive economic news is a good start to the new year but it’s important for businesses to understand what…

Read More

Corporate Transparency Act Requires Action from Business

Corporate Transparency Act Requires Action from Business New Year’s Day started the clock on a new Federal Law requiring many business entities in the United States to file Beneficial Ownership Information with the Financial Crimes Enforcement Network (FinCEN) within the U.S. Department of the Treasury. While the initial filing deadline is the end of the…

Read More

Inspiring Business Leaders with Lessons from Dr. Martin Luther King, Jr.

Inspiring Business Leaders with Lessons from Dr. Martin Luther King, Jr. January 15, 2024, marks the 95th anniversary of the birth of Martin Luther King Jr. Today is also the third Monday in January, and since November 2, 1983, we recognize this day each year as a national holiday in his honor. While some businesses are…

Read More

An Opportunity to Bounce Your Big Idea!

An Opportunity to Bounce Your Big Idea! Have you ever encountered a problem or an issue at work and thought there should be a technical solution to this problem? Do you have ideas for an application or technical concept that could be a business but don’t know where to start? Thanks to a new program…

Read More

Bounce My Big Idea

Bounce My Big Idea Do you have a tech idea you’d like to pursue in 2024? Test the potential of your idea alongside other aspiring entrepreneurs in Bounce My Big Idea – A four week, online workshop designed and delivered by the seasoned tech entrepreneurs of Codefi, supported by Innovate SOMO.   BMBI is 100%…

Read More

Have a S.M.A.R.T. New Year

Have a S.M.A.R.T. New Year It’s the official start of a New Year as we step in to 2024 and many businesses are setting plans for 2024 into motion. One way to help ensure a good year is to be S.M.A.R.T. in your goal-setting process. First introduced in an article by George T. Doran in…

Read More

Christmas Holiday

Christmas Holiday It’s December 25th and I want to start by wishing everyone a Merry Christmas! While most business activity is taking the holiday, there is still a segment of our business and public works that are spending their days working and today we want to recognize their efforts. While it seems like everyone is…

Read More

Year End Business Review

Year End Business Review The start of 2024 is only two weeks away, and a new year means new opportunities for business. Before we start focusing on future goals, now is a great time to reflect on 2023 and do a quick business or organizational review. While a year-end review can be very detailed and…

Read More

Graduation and Keeping Alumni Local

Graduation and Keeping Alumni Local This Saturday, December 16, 2023, Southeast Missouri State will hold it’s fall commencement with more than 850 students expected to complete their degrees and move into the workforce. We have talked many times about the impact that students have on the local and regional economy but today we will focus…

Read More