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Auto Nation repair shop opens in Redwood Falls – Redwood Falls Gazette

Auto Nation repair shop opens in Redwood Falls – Redwood Falls Gazette
redwoodfallsgazette.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from redwoodfallsgazette.com Daily Mail and Mail on Sunday newspapers.

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Tim Penny: Annual report details successes of businesses, communities

At Southern Minnesota Initiative Foundation (SMIF), we are starting off the new year by reflecting on how we have worked to strengthen the fabric of our region over time. In part, we do this by celebrating a handful of our partners through stories in our Foundation’s annual Impact Report. ....

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Minnesota ranks first in five-year business survival rate


Minnesota ranks first in the nation in its five-year business survival rate (2015-2020), based on data from the U.S. Bureau of Labor Statistics. The state’s rate was 55.3%. In comparison, the national rate for the same period was 50.0%. 
“This ranking confirms something we know to be true – people who start things in Minnesota tend to stick to it. It’s part of that Minnesota work ethic that we’re known for,” said DEED Commissioner Steve Grove. “This ranking bodes well for our economy, as we know that small businesses account for 47% of the jobs in the state.”  
A recent study by MIT showed that new businesses are responsible for nearly all net new jobs and 20% of gross job creation in our economy – so encouraging new businesses is vital to our future economy.  ....

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