News
Loan resources for Otter Tail County businesses
Access to capital can make the difference between a business idea staying on paper and becoming a successful business. For new and existing business owners, financing may be needed to purchase equipment, acquire or improve property, build inventory, provide working capital, refinance eligible debt, or support expansion. The U.S. Small Business Administration (SBA) offers several loan programs that can make it easier for small businesses to access financing through participating banks and other lenders.
Community development grants drive growth across Otter Tail County
The Otter Tail County Community Development Agency (CDA) has awarded more than $804,000 to 11 communities for projects that strengthen local economies, expand housing opportunities, expand the tax base, and improve quality of life. The Community Growth Partnership Grant Program was created in 2019 by the Otter Tail County CDA and has awarded 42 grants to eligible cities and townships to help turn local ideas into projects that create lasting community impact. The Community Growth Partnership Grant
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Financial resources for Otter Tail County businesses
Starting up or expanding a business takes more than a good idea. It also takes funding, planning, and support from organizations that understand the financial needs of local businesses. Loans, tax incentives, and other financial resources can help business owners take their next step—renovating or expanding buildings, buying equipment, improving energy efficiency, creating jobs, or planning for long-term growth. There are a variety of financial resources available to Otter Tail County businesses. These
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Succession planning resources for Otter Tail County businesses
Succession and transition planning are important for business owners at every stage, not just for those who are ready to retire. A succession plan helps a business get ready for what comes next. This could mean selling the business, handing over ownership, training the next group of leaders, hiring new managers, or making a plan for unexpected events. Starting early can make things easier for the owner, employees, family, customers, and the community. Many business owners wait until they are close to
Business resources available in Otter Tail County
Otter Tail County knows that supporting local businesses helps build strong communities. Whether someone is starting a new business, managing a current business, planning for growth, looking for funding, needing workforce support, or preparing for the future, there are resources available to help. The Business & Development Resources page on the Otter Tail County website brings many of these tools together in one easy place, so business owners and community members can find support that fits their unique
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AI resources for Otter Tail County businesses
Business owners have a lot to manage each day. From helping customers and managing employees to handling finances, marketing, operations, and future planning, running a business can bring up questions at every stage. There are business resources, so Otter Tail County businesses do not have to figure everything out on their own. The West Central Minnesota Small Business Development Center (SBDC) provides one-on-one consulting for small businesses and entrepreneurs. In addition to business consulting, the
Turn Public Speaking Into a Business Growth Engine in Fergus Falls
Public speaking is one of the highest-leverage skills a small business owner can develop — and one of the most underinvested. In Fergus Falls, where the regional economy runs on relationships spanning agriculture, healthcare, retail, and tourism, the ability to communicate clearly and compellingly isn't a soft skill. It's a competitive tool with direct payoff. SCORE cites public speaking as one of the most direct ways to build brand, reputation, and confidence — and those three outcomes compound over
Essential Legal Steps for Entrepreneurs to Launch a Business (and Avoid Early Pitfalls)
Starting your first business is an exciting transition, but it comes with legal responsibilities that can shape your future success. From choosing the right entity to protecting yourself with contracts, understanding the legal landscape is crucial. Step 1: Register Your Business Entity The first major step is deciding how your company will be structured. Common options include: Sole proprietorship – simplest form, but offers no liability protection. Limited Liability Company (LLC) – shields
Stop the Scroll On the Sidewalk
A storefront isn’t just a physical barrier between inside and out—it’s a psychological gateway. When someone walks by your business, they’re scanning for reasons to stop, peek in, and maybe cross the threshold. And in a world flooded with distractions, you have about five seconds to make that happen. The right storefront display doesn’t just decorate—it persuades. It speaks to curiosity, rhythm, season, even nostalgia. This isn’t about expensive fixtures or flashy tech. It’s about intention, attention,