ABD Extra

ABD Extra

What is Business Interruption Insurance?

Bagwell Insurance marks 50 years in business in 2023! David Bagwell, Vice President of Bagwell Insurance Services, joins Augusta Business Daily publisher, Neil Gordon to discuss different coverage options they offer. Speaking specifically of business insurance, Bagwell said the company helps businesses to continue serving customers as best they can, while necessary repairs are made. Those who are interested in learning more about the types of insurance the company offers, visit the website at www.bagwellins.com.

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Economic Update: Augusta’s ready down to a “tee!”

Join Coach Dave Holdeman from The Alternative Board of the CSRA and Augusta Business Daily publisher, Neil Gordon at the 19th hole, just in time for Masters Week! They discuss the first-ever ‘shopping crawl’ in town hosted by Soul City. Small businesses in Augusta are joining together to invite customers to shop with their golf carts for this unique experience. Get the scoop on all that and more in this week’s economic update.

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Mondays with Rick: Weighing the pros and cons of job offers

Dr. Rick Franza, Professor of Management at the Hull College of Business, discusses a different, timely business topic each Monday in this column. This week, he gives tips on how to evaluate a job offer. The interview has been edited for clarity and impact. ABD: We all hope to be happy at our jobs, but sometimes, we reach a point where we have to look for something else. What are some things to keep in mind when evaluating a job offer when seeking new employment? Rick: Part of what might

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Help to keep mind, body, and career healthy

An Augusta University professor has published a book on finding work-life balance and avoiding burnout. Dr. William Hatcher, chair of the Department of Social Sciences in Pamplin College of Arts, Humanities, and Social Sciences, has co-authored a book entitled Work-Life Balance in Higher Education. Though it started as a collection of essays that had been published in the Journal of Public Affairs Education, the publisher urged Hatcher to include additional information, appealing to a broader audience. “When people have more control, reasonable demands and support from their organizations, they tend

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Simon Says: Losses, Gains, and the Game of Golf

Many people are susceptible to loss aversion and golfers are no exception. Loss aversion means that individuals feel the pain of loss more than twice, as much as the benefit of the equivalent gain. In golf, this means the golfer psychologically suffers more from a bogey on a hole than the joy of a birdie. In other walks of life, people hold on to loss-making stocks longer than they should because they fear the emotional consequences of selling at a loss. Soccer teams play for the draw rather than the

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What’s a BATNA?

Steven Clayborn, C.P.M., CPCM Salamis, LLC sits down with Augusta Business Daily publisher, Neil Gordon to discuss BATNA, short for Best Alternative to a Negotiated Agreement. When it pertains to employees, Clayborn said it is important for them to have an alternative plan set in place when it comes to making choices as to whether or not they will pursue employment at a particular business.

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Simon Says: Looking at the power of Plant Vogtle

Georgia Power announced on Monday, March 7 that it had begun splitting atoms in reactor 3 at Plant Vogtle. The previous week, my students and I had toured the facility with Mike McCracken, Communications Coordinator for Southern Nuclear Company, to learn more about the economics of nuclear power and what it means to our area. Southern Nuclear announced it would file an Early Site Permit to build Units 3 and 4 at Plant Vogtle in 2005. At the time, the estimated cost was $14 billion. Currently, it is more than

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GreenJackets getting the green light on updates

The Augusta GreenJackets stadium has been making improvements just in time for opening day on April 11. Located at SRP park in North Augusta, S.C., the stadium is a key feature of activity in the CSRA. New suite level floors have been added from B&B Decorative Concrete. “We love working with local companies to improve SRP Park,” said Tom Denlinger, vice president of Augusta GreenJackets. The renovations to the stadium come as many minor league baseball teams are going through similar upgrades. Improvements made to the park are there to

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A step closer to funding the new James Brown Arena

A bill to cover the cost to build a new James Brown Arena is making its way through the Georgia Legislature. Meetings in Atlanta earlier this year gave Augusta-Richmond County Coliseum Authority members the opportunity to ask state lawmakers to support a new, half a penny sales tax for the project. “We went before a sales tax committee, just to tell them about our project, what we’re doing and why we wanted to have (half) penny sales tax added to build a new arena,” said Brad Usry, chairman of the

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Mondays with Rick: How to recruit employees with a plan for retention

Dr. Rick Franza, Professor of Management at the Hull College of Business, discusses a different, timely business topic each Monday in this column. This week, he gives tips on recruiting employees who will stay. The interview has been edited for clarity and impact. ABD: We’re in a time period when just about everyone is looking for employees, especially those who they can retain. What’s the starting point when trying to recruit someone? Rick: Part of it depends where you’re recruiting from, locally or from somewhere else. If you’re recruiting from

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