Archive for the ‘Small Business’ Category

foreign currency

Exchanging Foreign Currency

February 11th, 2015 Angie Brown

You just took a phenomenal vacation through Europe and came back with some extra euros. Now what do you do with that currency? Maybe you are planning a trip to Japan and would like to exchange some money before you leave. How do you go about acquiring yen? Whether you are buying or selling foreign […]

johns grocery logo

MidWestOne Customer Spotlight: John’s Grocery

February 5th, 2015 madmin

When a small mom and pop establishment opens its doors in 1948 and continues to thrive in the midst of modern challenges, there is a reason for its success. In the case of John’s Grocery in the heart of Iowa City, there are several reasons. John’s Grocery, an Iowa City tradition, has stayed focused on […]

Increase Satisfaction and Your Bottom Line in 2015

February 2nd, 2015 Cathy Rottinghaus

It’s February and you are busy gathering information to close out your books and file your tax return. Most small business owners and managers are doing the same. It’s likely you’re reviewing last year’s activities, going over numbers and thinking about how to make 2015 even better than 2014. While these tasks are important, they […]

MidWestOne Customer Spotlight: FilmScene

January 8th, 2015 madmin

After only one year in business, FilmScene, the art house cinema located in downtown Iowa City, has made a lasting impression on local residents. The 65-seat nonprofit cinema has more than 900 members and member families, and has screened more than 200 movies to more than 30,000 moviegoers since its opening in December of 2013. […]

professional financial advice

5 small business finance tips from the pros

November 22nd, 2014 madmin

As a small business owner, one of the most intimidating aspects of running a business can often be managing the finances. Being subject-matter experts in their chosen profession not many entrepreneurs have experience with the day-to-day aspects of running a business, let alone overseeing the finances. That’s where expert help is crucially important. A good […]

Flint Cliffs Manufacturing Corporation logo

MidWestOne Customer Spotlight: Flint Cliffs Manufacturing Corporation

November 6th, 2014 madmin

When John Schulz decided to move back to his hometown of Burlington, Iowa in the early-1990s, he was able to find a business opportunity that allowed him to combine his experiences growing up on a farm with his professional engineering background at Case IH. He purchased Klein Manufacturing Co., a manufacturer of agricultural feed and […]

Linder Tire Service

MidWestOne customer spotlight: Linder Tire Service

October 9th, 2014 madmin

Linder Tire Service has been a staple in the Iowa City community for more than 80 years. In the midst of the Great Depression, Henry Linder purchased a bankrupt tire business for $2,800. Through customer service, hard work and lots of dedicated employees he built a business that has since been passed to his son, […]

SK Cabinetry & Design

MidWestOne Customer Spotlight: SK Cabinetry & Design

September 4th, 2014 Chase Stafford

Coralville-based SK Cabinetry & Design works with local interior designers, builders and customers to create dream kitchens and baths that perfectly complement the client’s personality and lifestyle. The design studio was formed in January 2014 by Sonja Hawbaker and Katy Grimes – two industry veterans who’ve worked in the area for many years until they […]

Business HSA account

Save money without skimping on benefits with HSAs

August 27th, 2014 Melissa Koop

The rise in health insurance cost is not slowing down. Annual premiums for employer-sponsored family health coverage reached $16,351 in 2013, up 4 percent from 2012, according to the Kaiser Family Foundation/Health Research & Educational Trust (HRET) 2013 Employer Health Benefits Survey. Since 2003, premiums have increased 80 percent, nearly three times as fast as wages […]

small business owner

4 steps to successfully managing your business’ credit

August 15th, 2014 Chase Stafford

Just like your personal credit history, your business also acquires a credit history based on the transactions made and the loans repaid. Information about these credit transactions is gathered by business credit bureaus to create your business credit report using your business name, address and federal tax identification number (FIN), also known as an employer […]

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