The end of the year is drawing near. Time to think about tax filing. There could be some good news ahead as ABD’s Mike Petchenik explains in today’s Biz Bits.
A 20th-century building that was a hub of activity in Augusta is being re-purposed for 21st-century use. The former headquarters for the Augusta Metro Chamber of Commerce will become an incubator for new businesses and an accelerator for exciting businesses. A partnership between Augusta Technical College (ATC) and Augusta’s Downtown Development Authority (DDA) will turn the building at 600 Broad Street into a microenterprise center. It will be called Accelerate Augusta. ATC President, Dr. Jermaine Whirl said the main room can be used for business owners to pitch their businesses,
More than $37 billion in online shopping was spent during Cyber Week, the five days from Thanksgiving to Cyber Monday. Granted much of that lined the pockets of Amazon and eBay, but there are two other companies, Temu and Shein, both based in China, that spend heavily to promote online shopping. What is heavy spending? Try $10 million a day on Facebook and Google. Both companies offer products at extremely low prices. Who doesn’t like a bargain? Here’s the rub. Temu is owned by PDD Holdings which owns Pinduoduo, a
The horse business is big business in the CSRA. An equine program at Aiken Tech will help develop future employees at stables and shows around the area. Mike Petchenik has the scoop in today’s Biz Bits.
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 planning for a new year in your business. The interview has been edited for clarity and impact. ABD: In just a few weeks, we’ll be starting a new year, likely to be filled with a variety of challenges for businesses. How important is it to plan ahead in your business when the future is unknown? Rick: You need to plan a
Augusta University (AU) continued a longtime tradition of putting a spotlight on the area economy over the past year and predictions for the coming year. Dr. Simon Medcalfe led the university’s annual Economic Forecast breakfast on Thursday. Medcalfe, a professor of economics at AU and contributor for the Augusta Business Daily, began with an overview of changes in types of business, percentage of employment, and population growth. Between 2004 and 2023, Medcalfe said the mixture of industries, including hospitality, healthcare, education, and manufacturing, while looking different on the surface, remain
If you run a business, you offer a lunch break and probably take one yourself, even if it’s a working lunch with a client. Your future employees are in college and may not have the luxury of even eating lunch. Aiken Technical College is establishing a way to help with those needs through a new student-centered food pantry thanks to a grant from the Community Foundation of the CSRA. The ATC Foundation has received $13,500 to transform the College’s unused cafeteria space into the food pantry, add appropriate appliances and
See how the local real estate firm is adding mortgages to their service offerings in today’s edition of BizBits with Mike Petchenik.
The North Augusta Chamber of Commerce’s Power Lunch this week was powerful, featuring a panel discussion led by two business owners with a decade-long track record of success. Stephen and Nancy Posey, 4th generation owners of Posey Funeral Directors, and Alan Owings and his daughter, Allison Bass, 3rd generation owners of Owings & Sam Dentistry on W. Martintown Road, fielded questions about longevity, and how to nurture a business for future generations. Posey opened on Georgia Ave. in North Augusta in 1879, while Dr. David Owings started his dentistry practice
A new CSRA nursery and landscaping company is decking the halls for businesses and homes. Wreaths, trees, and poinsettias are just a few of the finds at Southern Carolina Palms. Mike Petchenik has more in today’s Biz Bits.
