Blogs

Article | 7 min |
Crowded office full of employees
As 2024 continues on, many business leaders are looking for ways to remain resilient due to economic uncertainties. According to recent SAS data, 97% of executives view resiliency as an important factor—and 87% are confident about increasing resiliency in their companies in the future. Part of their efforts to increase the sustainability and buoyancy of their organizations may be to trim expenses; incorporating best-fit technology and applicable automation strategies into your day-to-day can open up cost management opportunities and support process optimization. Here, we provide tips for using...
Article | 5 min |
Executives meeting to create an action plan
You’ve invested countless long, hard hours in building a stable, profitable business with a bright future. But negative economic forces can strike at any time, destabilizing your finances and possibly even endangering the survival of your business. This is one of the main reasons it’s so important to build and maintain healthy cash reserves. Cash reserves serve many important purposes including helping business owners meet unexpected expenses while also stabilizing cash flow and easing overall financial stress. This guide to cash reserves explains why it’s so important for a business to have...
Article | 5 min |
Black and white image of hands typing on a keyboard
Banking partners you can count on to help you achieve growth goals Montana, the “Treasure State” is a place of great beauty from the stunning landscapes of the Rocky Mountains to Yellowstone and Glacier National Parks. Both tourists and new residents, with primary and secondary homes in the area, help boost the local economy, said Tod Petersen, President and CEO of Rocky Mountain Bank, a division of HTLF Bank. Rocky Mountain Bank, a division of HTLF Bank, has nine locations across the state. Petersen manages the operations from Bozeman. “Bozeman is really experiencing growth and even people...
Article | 5 min |
Employee meeting with HR rep
Once upon a time, most businesses could rely on wages and salaries to attract talented employees. Securing the services of strong candidates was often purely a question of money. But much of that has since changed—and quickly—in the post-COVID-19 hiring and retention landscape. For many job-seekers, money is no longer enough. As a result, some businesses needed to prioritize their benefits package to attract top talent. Multiple trends can be seen driving the shift in attention toward employee benefits. Inflation rates hit multi-decade highs in the early 2020s, prompting some job-seekers to...
Article | 5 min |
Hand drawing a 3D chart
A year ago, a headline “The Recession of 2023 might surprise everyone” would have been prescient simply because it didn’t happen. On the contrary, last year showed surprising resilience and a pace of growth no one expected, despite forecasts of a slowdown or recession by most economists. 2023 was supposed to have been the year in which the economy succumbed to the sharpest increase in interest rates in four decades; tightening lending standards by the banks; and the end of pandemic-era government spending. Accumulated savings from Covid-related shutdowns and receipts of stimulus checks were...