Financial/Investing

B2B Stories

Mondays with Rick: How the pandemic accelerated automation, remote work, and other new business models

  Dr. Rick Franza, is the Dean of the Hull College of Business who discusses a different, timely business topic each Monday in this column. This week, we take a look at how business models have changed as a result of the pandemic. The interview has been edited for clarity and impact. ABD: Looking back at the last two years, what new or changed business models do you see? Rick: The pandemic didn’t necessarily create a lot of new business models but it accelerated a lot of business models. For

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B2B Stories

March Madness brackets cost businesses lost productivity but gain an employee morale boost

March Madness could cost Augusta and Aiken businesses some lost productive work time, but could gain them a tighter-knit workforce. The annual NCAA college basketball tournament kicks off today and culminates on April 4 in New Orleans. According to WalletHub.com, 29 percent of workers fill out their tournament brackets to participate in work pools. Overall, about 50 million people participate in some type of bracket pool. The downside of that is that the average worker spends six hours watching tournament games and 56 percent of Millennials say they’re willing to

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B2B Stories

Simon Says: More than a third of Georgians worked from home during a pandemic

The Bureau of Labor Statistics has just released the results of a survey of private-sector establishments about their response to the COVID-19 pandemic, which began two years ago. The survey was conducted between July and September 2021 and found that 34.5 percent of firms nationally increased telework. This is the same percentage as in Georgia; in South Carolina, it was 31.2 percent. More than 60 percent of firms plan on keeping the increases permanent once the pandemic is over. Firms also increased their offering of flexible work hours (24.6 percent

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B2B Stories

Starting from humble beginnings, SME CPAs celebrates 70 years in business

When Serotta Maddocks Evans CPAs was founded, Harry Truman was President of the United States. The accounting firm recently celebrated its 70th anniversary. Founded in 1952 by Elliott Serotta, SME CPAs was originally called Bell & Serotta. What started as a two-person team with a small office in the Marion Building on Broad Street has grown into a 55-person team with offices in Augusta and Aiken. SME CPAs offer a variety of services, such as tax preparation, estate planning, and audits. In 2021, the company was named as one of

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B2B Stories

Mondays with Rick: Protecting our country through economic policies

  Dr. Rick Franza is the Dean of the Hull College of Business who discusses a different, timely business topic each Monday in this column. This week, we take a look at how our national security policy has to involve our economic policy. The interview has been edited for clarity and impact. ABD: When we think of national security, we generally think about the military. But what is the economy’s role in protecting us? Rick: Our national security policy and our economic policy have to be intertwined. You’ve got to

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B2B Stories

CSRA middle schoolers to experience life as entrepreneurs and adults

In addition to traditional school studies, area middle schoolers will soon be building a business and supporting a family. It’s all part of a new Junior Achievement center designed to teach the business and financial skills needed in the real world. In partnership with Junior Achievement of Georgia, the Columbia County School District and Richmond County School System approved a plan to build a JA Discovery Center in the CSRA. The Center, which is projected to open in fall 2023, will be built in the CCSD’s Support Department Complex on

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B2B Stories

Don’t let news headlines dictate your investment strategy, the local financial planner says

Kurt Mueller’s personal investment strategy hasn’t changed a bit since Russia invaded Ukraine, and he has helped his clients avoid panicking about the current uncertainty surrounding the stock market. Mueller, the certified financial planner for Apollon Wealth Management’s Augusta office, called each client to discuss the situation and ease their anxiety. His advice on investment strategy varies based on a client’s age, risk tolerance, and financial goals, among other factors. “Some investors make major changes based on news headlines,” he said. “I’m not sure that’s the correct approach.” In the

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B2B Stories

Ex-Major Leaguer makes pitch to help CSRA businesses save on health benefits costs

Drive, hard work and asking questions propelled Tom Mastny to a three-year Major League baseball career. Now, he’s using those same attributes to help CSRA businesses contain health care costs. Mastny is CEO of The Pennant Group, a health benefits company that helps employers dig deeper to discover the reasons for high health costs and then find ways to reduce or contain those costs. “It’s the ‘hidden paycheck,’” Mastny said about the health care costs. “Most employees don’t understand all the things taken out of their check, and if you

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