Georgia’s unemployment rate is at a record low, creating a tight labor market, and Coca-Cola offers another new flavor – Augusta Business Daily by Mike Petchenik.
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
Georgia’s job growth has already exceeded the previous year, and some of the state’s companies are getting high grades from climate change advocates. – Augusta Business Daily by Mike Petchenik.
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
According to Destination Augusta, the last two years have been rough on the local hotel industry. – Augusta Business Daily by Mike Petchenik.
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
In 2013, Jason Wiles wanted to get into real estate investing but didn’t have any money. So he sold his truck for $9,000. “I used that $9,000 to leverage into nearly $4 million in properties,” said Wiles, a board member and past President of Augusta Real Estate Investors Association (REIA). Now, he helps others delve into the world of property investment with a one-day, two-part seminar called the Wiles Method. His next class will be on April 16. The class is designed for the buy-and-hold residential investor to enter the
An Indiana company plans to plant a solar ranch in Early County and fans aren’t buying Coca-Cola’s well-worn tagline. – Augusta Business Daily by Mike Petchenik.
Dr. Rick Franza, Dean of the Hull College of Business, discusses a different, timely business topic each Monday in this column. This week, we take a look at Augusta University’s new strategic plan. The interview has been edited for clarity and impact. ABD: As Augusta University looks at developing its strategic plan, maybe first we should talk about why a strategic plan is important. Rick: For any business to be successful, you have to create a long-term plan. It helps you decide what investments you’re going to make to
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
