Financial/Investing

B2B Stories

CSRA bank celebrates 120th anniversary

When Queensborough National Bank & Trust was founded, Teddy Roosevelt was in the White House. The local bank just celebrated its 120th anniversary. Founded in May 1902, it was originally called the First National Bank of Louisville, which is a small town located about an hour from Augusta. Queensborough now has 27 locations in towns throughout Georgia, including Augusta, Waynesboro, Sylvania, and Statesboro. The bank, which was established with only a few employees, now has a staff of more than 350 people, and currently manages more than $2 billion in

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B2B Stories

Don’t panic! Patience is the key to weathering uncertain stock market, financial advisor says

The stock market seems stuck in a downward slide in recent days, and that has made some people nervous about their investments. But Ryan Borders, a certified financial planner with Richard Young Associates in Augusta, says now is the time to wait, not panic. “It is tempting (to panic) because we’re emotional beings,” Borders said. “But you have to take a broader approach. Technically, you’re not losing any money until you sell.” Borders said there are two opposing approaches to investing – time in the market vs. timing the market.

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B2B Stories

Mondays with Rick: Sales is important for every size of business

  Dr. Rick Franza, Dean of the Hull College of Business, discusses a different, timely business topic each Monday in this column. This week, he discusses the importance of being in sales, no matter what business you’re in. The interview has been edited for clarity and impact. ABD: For many people, their image of a salesperson is a pushy car salesman, or for us older folks, someone like Herb Tarlek from the old WKRP in Cincinnati TV show. When you talk about sales, what’s different? Rick: It’s not like the

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B2B Stories

Mondays with Rick: Hull College students help local businesses solve problems

  Dr. Rick Franza, Dean of the Hull College of Business, discusses a different, timely business topic each Monday in this column. This week, he discusses unique ways Augusta University students interact with local businesses. The interview has been edited for clarity and impact. ABD: You recently were involved in two events that brought Hull College students in contact with the “real world” of local businesses. Tell us about the first one. Rick: The first one involved the Jessye Norman School of the Arts. They held a Shark Tank-type contest

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B2B Stories

Mondays with Rick: Coping with inflation without hurting your customer base

  Dr. Rick Franza, Dean of the Hull College of Business, discusses a different, timely business topic each Monday in this column. This week, he provides tips on how businesses can cope with inflation without hurting their customer base. The interview has been edited for clarity and impact. ABD: Briefly, what is causing inflation, which is currently at 8.5 percent, the highest in 40 years? Rick: It’s a money supply issue – too much money has been pumped into the system. I’m not an economist but I think that’s the

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B2B Stories

Mondays with Rick: Learning from the business model of The Masters

  Dr. Rick Franza, Dean of the Hull College of Business, discusses a different, timely business topic each Monday in this column. This week, he considers what local businesses can learn from The Masters business model. The interview has been edited for clarity and impact. ABD: Anyone who has attended an event at Augusta National during Masters Week knows it’s an amazing experience. What are some things The Masters does well? Rick: What we talk about in companies are the front room that faces the customer and the back room

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B2B Stories

Mondays with Rick: Behind the scenes of the Red Carpet Tour

  Dr. Rick Franza, Dean of the Hull College of Business, discusses a different, timely business topic each Monday in this column. This week, he reminisces about his time as a host for the Red Carpet Tour and what it means for the Augusta community. The interview has been edited for clarity and impact. ABD: It’s Masters Week and a part of that is the annual Red Carpet Tour sponsored by the Georgia Chamber of Commerce and the Georgia Department of Economic Development. You had an opportunity to take part

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