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Rochester Post-Bulletin: Business snapshot offers partnership opportunities

October 4, 2016


“We encourage all new and existing businesses in Minnesota to complete the survey as they file each year with the Office of the Minnesota Secretary of State. It's a snapshot to provide new focus on the state's economic future."

Rochester Post-Bulletin | Our View: Business snapshot offers partnership opportunities
By Editorial Board

As Election Day looms, Minnesota Secretary of State Steve Simon is keeping an eye on the state's business opportunities, as well as his more visible role as overseer of elections.

His office announced the launch of the Minnesota Business Snapshot, a new initiative to provide critical economic and demographic data regarding the state's businesses.

"The Minnesota Business Snapshot is going to make it easier and more convenient for small-business owners to identify potential partners, for consumers to target their spending, and for the public and educational institutions to better understand the economic and demographic makeup of our state's business community," Simon said in a press release. "This is an important step to better serving Minnesotans."

A voluntary five-question survey will gather input from businesses throughout the state. Created with the help of business owners and researchers, the requests seek to identify staff sizes, diversity of ownership, types of business, revenues and the level of participation of the owners.

It's all good information for helping gauge business in Minnesota and establish new partnerships.

When Simon spoke to the Post Bulletin Editorial Board as a candidate two years ago, he noted the need to provide more resources for businesses, especially with newcomers. "Their introduction to our state is through the Secretary of State's office, because they can't transact business in the state until and when they register," he said of out-of-state businesses.

By building connections early, the business snapshot has the potential to attract new endeavors of all sizes while helping existing businesses find new partners and grow.

We encourage all new and existing businesses in Minnesota to complete the survey as they file each year with the Office of the Minnesota Secretary of State.

It's a snapshot to provide new focus on the state's economic future.

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