Despite some isolated layoffs, the Georgia job market remains strong and an aerospace company will bring nearly 1,000 jobs to the state. Georgia Business Daily Business Update by Mike Petchenik.
As an experienced business owner, Cricket Willis has learned that when something doesn’t work out, you pivot and try something different. Willis, owner of Artsy Me, which has locations in Evans and Grovetown, and her husband, Brad, plan to open event space on an 18.9-acre farm at 6297 Cobbham Road in Appling. In June, the couple bought the property, known as B.C. Kabat Farms, for $525,000. The Willises want to convert the barn into an event space for small celebrations with fewer than 50 guests, such as birthday parties and
When it comes to snack foods, boiled peanuts have long been a Southern favorite. But Jacob Lyons recently launched a business that adds unique flavors to the traditional salty snack. Lyons, owner of The Peanut Palace, a local home-based business, creates and sells boiled peanuts in a variety of flavors, such as original, Cajun, salt ‘N’ vinegar, and buttery garlic, as well as peanut brittle. So far, salt ‘N’ vinegar has been the most popular flavor. He decided to start The Peanut Palace in September after some friends in his
Dr. Rick Franza, Dean of the Hull College of Business, discusses a different, timely business topic each Monday in this column. This week, he talks about recruiting good employees and the importance of retaining them. The interview has been edited for clarity and impact. ABD: It seems everyone these days is looking for employees. What’s going on? Rick: We’ve always had a good relationship with the local community, but we’ve never had so many businesses, both small and large, be as proactive with us because they’re so in need
Too many apps on a computer can increase its vulnerability. Patrick Reynolds of Cross Link Consulting talks about how doing a software inventory of your business computers can improve efficiency and safety.
“Father Christmas, give us the money Don’t mess around with those silly toys” The Kinks, Father Christmas At this time of gift giving, it is worth considering whether the exchange of presents is efficient. Well at least to an economist it is! Famously, if only in economic circles, Joel Waldfogel in 1993 suggested gift giving was inefficient because it destroyed about 10 percent to a third of the value of the gift. Think of the aunt or uncle that gave you that wonderful (read terrible) sweater last year. They bought
Citizens of both Georgia and South Carolina are having more success at finding work than in some other states. As of October, the unemployment rate for the United States was 3.7 percent, but both Georgia and South Carolina are doing better; Georgia is at 2.9 percent, and South Carolina is at 3.3 percent. In general, the local economy performs at about the state average. Stacker, an internet news gathering site, recently listed the 50 counties with the highest unemployment rates in each state. The good news for the CSRA is
We, at Augusta University’s Hull College of Business, are extremely proud to hold the most prestigious accreditation for higher education schools of business (held by only 5 percent of all such schools worldwide!). We are accredited by the Association to Advance College Schools of Business, known familiarly as AACSB International. Every five years, AACSB-accredited schools, such as AU/Hull, go through a Continuous Improvement Review (CIR), based on AACSB’s Accreditation Standards, which were most recently updated in 2020. Since we just went through our latest CIR in October, these standards are
Universities and K-12 schools are in the business of human capital development. Human capital is education, training, and other forms of learning. Human capital is seen as an investment, just like physical capital, where the costs are paid upfront and the returns are received later. A recent paper by David Deming in the Journal of Economic Perspectives reviews our knowledge of human capital. An extra year of schooling increases earnings by about 10 percent. Given that the share of the world’s population that has at least some secondary school education
If you’re looking for unique handmade items to give family and friends as Christmas gifts, you can probably find exactly what you’re looking for in downtown Augusta. The sixth annual 5th Street Marina Holiday Market is being held every Sunday from noon to 4 p.m. until Dec. 18. It opened Oct. 30. The market’s vendors sell a variety of items, including soaps, candles, clothing, and crafts, as well as health and beauty products, according to marina’s owner, Beth Christian. There’s also a food truck that sells a variety of menu
