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Four Tips to Successfully Relocate Your Business By Scott Witt, Senior Relationship Manager, Commercial Banking, WaFd Bank and Dan Drouault, owner of Covington Engineering Lower cost of living. Less congestion. Access to nature. Work-life balance. Friendly people. Better quality of life. If you have ever asked a recent Idaho transplant why they moved to our state, some of these may sound familiar. The Treasure Valley has become a powerful engine for growth in recent years. Realtor.com ranked Boise the No. 1 real estate market in the U.S. in 2020, and Inc. Magazine’s Surge Cities List, which ranked the top 50 U.S. cities with the most significant entrepreneurial growth, landed Boise in the top 5 (just above San Francisco). ....
5 Tips to Help Keep Your Business Financially Successful in 2021 Life was anything but normal in 2020, with the effects of the COVID-19 pandemic reaching into nearly every facet of our daily routines from how we work and educate our children to how we shop and socialize. Given the scope and scale of the resulting changes, many businesses have permanently closed or are hanging by a thread. “Businesses are finding themselves in extraordinary circumstances,” says Tom Van Hemelryck, Idaho Regional President at WaFd Bank. “For some, cash is tight due to business limitations, while others have actually seen their savings increase.” For Van Hemelryck, one thing that hasn’t changed is the importance of making smart decisions to stretch every available dollar. While a return to normalcy will take time, it at least appears to be in sight. ....