Financial/Investing

Like many businesses across the country, Augusta-area businesses are frustrated with the problems in the supply chain. Unfortunately, it looks as that will continue into the near future as bottlenecks continue to form in many ports, including those in Charleston, S.C., and Savannah, two ports that service Augusta. Last week, the Port of Charleston, the nation’s ninth-busiest port, said that it had a record 30 ships anchored, waiting to enter and be offloaded. The average wait time for each ship is now more than a week. The Port of Savannah,

Destination Augusta, along with the Augusta Sports Council, are responsible for bringing many events to the CSRA each year. Augusta has become a popular destination for large events, such as meetings, conferences, and athletic competitions. These events are expected to add about $4 million to the local economy in just the first three months of 2022, according to a news release from Destination Augusta and the Augusta Sports Council. The events, which bring thousands to the city each year, help to generate revenue for local businesses, such as restaurants and

Editor’s Note: Starting a business is often a challenging process that requires careful planning and rigorous attention to detail. To launch a successful business, one must have a solid plan. Local business attorney J. Brian King, shares how he helps his clients develop solid business plans and build successful businesses. Over the last 20 years, I have helped many clients form companies and start their businesses. When I meet with potential clients who aspire to become business owners, I begin by discussing their ideas and goals. Some want to launch

The state of your company’s cash flow is among the most significant metrics that every CEO or business owner in the CSRA should track. So, as Wells Fargo notes. “A consistent, positive cash flow can help you pay expenses, invest in new opportunities, and grow your business.” As business agendas go for 2022, you can’t do much better than that. With an assist from some of my TAB colleagues, here are some key tips to help boost your company’s cash flow in 2022. Look at where your finances are today.

ABD Publisher Neil Gordon continues his discussion with Augusta Industrial Services CEO, David Beckum. Today, David answers some important questions on how to set up your company to be employee-owned!

Chris Willox has worn many hats in his career: Wall Street stockbroker and business professor, just to name a couple. But he can now add a new job title to his extensive resume: financial advisor. Through a partnership between Pinnacle Bank (see photo above story) and Highland Trust Partners, LLC, Willox provides local clients with a variety of financial services, such as wealth management, financial planning, trust services, and business retirement plans. He works at the companies’ new branch located at 375 Furys Ferry Road, which opened Nov. 1. After