B2B Stories

B2B Stories

Peering into the economic outlook crystal ball

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

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B2B Stories

CSRA colleges offer options for hungry students

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

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B2B Podcasting

More coming from Meybohm

See how the local real estate firm is adding mortgages to their service offerings in today’s edition of BizBits with Mike Petchenik.

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Awards/Celebrations

Getting business advice from the experts

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

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B2B Stories

Multimillion-dollar CSRA business gets help from local college and foundation

The inventory value of horses and their equipment in Aiken County is $68 million. The horse business includes stabling, saddles and bridles, feed, workout rings, riding apparel, and farrier fees, not to mention the visitors who spend money attending polo and steeplechase events. This fall, Aiken Technical College partnered with the Aiken Horse Park Foundation to create a new equine technician course through the College’s Office of Continuing Education. The inaugural cohort of students were recognized during a completion ceremony yesterday at Great Oaks Equine Assisted Programs location, 1123 Edgefield Highway

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B2B Stories

Georgians could see a drop in personal income taxes

Gov. Brian Kemp has announced a goal to speed up the reduction in personal income taxes that was approved last year. The process will mean amending HB 1437 during the 2024 session of the General Assembly that begins in January. It provided for stepping down the income tax rate by ten basis points incrementally, beginning in 2025 and continuing by 0.1% annually until the rate, currently 5.75% on incomes over $7,000 a year, reaches 4.99%. “When I signed the largest income tax cut in state history in 2022, I did

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B2B Stories

Rooted Coffeehouse expands as Alumni Cookie Dough retools

Apparently, coffee and cookie dough just don’t mix. The Evans franchisee of Alumni Cookie Dough had high hopes when she cut a deal to share space with the owners of Rooted Coffee House earlier in 2023. Recently, Jen Harpley, the ACD franchisee decided to transition out of Suite 213 at the Meybohm Building in Evans Town Center. Rooted is transitioning into more space as construction is underway for a big expansion project that will be ready in 2024. Heather Needles, co-owner of Rooted Coffeehouse said, “We’re excited to curate a

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B2B Stories

Forecasting the economic future of the CSRA

While it may seem that the economic picture for Augusta is about as clear as the muddy banks of the Savannah River, there are a few signs of hope for 2024. One of the sure bets is learning the ups and downs of the Labor Market Index (LMI), Leading Economic Index (LEI), measuring the value of the Gross Domestic Product (GDP), among many other contributing factors, and how those will impact your business in 2024. Dr. Simon Medcalfe is a Professor of Economics and Finance at the James M. Hull College of Business at

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B2B Stories

Providing Good Service Depends Upon Your ‘PEEPs’

As I have mentioned in previous columns, when on business or vacation travel, I cannot help but observe and evaluate the service companies that I encounter during my excursion, thanks to my background in operations management. My trip to Seattle for Thanksgiving with my wife and older daughter to visit my younger daughter for the holiday was no exception. While the holiday was great just from the fact of our family being together for the first time since June, it was greatly enhanced by the outstanding service we received throughout

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