B2B Stories

B2B Stories

Simon Says: Wage growth increases in some local counties keeping pace with inflation

I often report economic data for the Augusta Metropolitan Statistical Area because the federal government releases this data in a timelier manner than for each individual county. It also makes sense to consider the metro area, as it is defined, in part, by commuting patterns between the constituent counties. The Bureau of Labor Statistics has just released the county-level data for the first quarter of 2022. I know this is not particularly timely or useful for business planning, but it is useful to think about the heterogeneity of our metro

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B2B Stories

Business financial health, business services subjects of two SRP seminars

SRP Credit Union will give a boost to small business owners with two seminars in October. Next week, SRP will host a Small Business Power Lunch focusing on financial wellness. A panel of small business experts will discuss business law, business cash management, tax reporting, and other issues dealing with the financial health of your business. The panel will also answer questions. The power lunch takes place 11 a.m.-1 p.m. on Oct. 5 at SRP Park in North Augusta. RSVPs need to be received by Sept. 30. Then on Oct.

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B2B Stories

Weinberger’s Furniture celebrates 90 years of serving CSRA

Half of all businesses fail within the first five years, and even more, are gone within 10 years, so making it to 90 years is definitely an event to celebrate. So Weinberger’s Furniture, a local family-owned business, is celebrating its 90th anniversary with the help of its customers. The company had a ribbon cutting and party on Thursday, Sept. 15. Karly Weinberger said they have also offered sales throughout much of this year. “Right now, we’re doing an anniversary sale,” she said. “Customers pay 90 percent of the sale price.”

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B2B Stories

Mondays with Rick: The attributes of a good employer

  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 the attributes of a good employer. The interview has been edited for clarity and impact. ABD: Earlier this month, Forbes magazine named Augusta University and AU Health to its list of America’s Best Employers, the only Augusta-based company to make the list. Among the factors considered were salaries, working conditions, growth potential, and diversity. What puts AU on this list? Rick: Our diversity

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B2B Stories

Historic Lookaway Hall and Inn adding an event center

Groundbreaking begins next week for the Camellia Event Center adjacent to one of North Augusta’s oldest homes. Lookaway Hall is steeped in history as tall as the hill upon which it sits. Built in 1895 from the fortunes of James Jackson, the city’s founder, and his brother Walter, manager of North Augusta Land Company, Lookaway provides a magnificent view across the river into Augusta. When the Jackson fortunes dwindled, the home fell into a sad state of disrepair. Over the years it was resuscitated by various owners including Dr. Henry

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Business Coaching

Coach Darin: Time to think about long-term business strategy

Business owners can get so caught up in the day-to-day of running a business that they forget to think strategically for the long term. Darin Myers of The Alternate Board (TAB) tells Neil Gordon how four hours a month with peers at TAB can help create a winning strategy for a business.

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B2B Stories

Falling gas prices offer some relief, but trucking companies struggle with cost of diesel

Consumers are starting to see a bit of relief at the gas pumps, but businesses that rely heavily on diesel fuel are still scrambling to keep up with increased prices. While gas prices have dropped about 27 percent since their high in mid-June, diesel prices have been reduced by only 10 percent. Diesel fuel prices remain about 50 percent higher than in August 2021. According to the GasBuddy app, which shows current area gas prices, as of Thursday afternoon, prices in Augusta trended at $2.93 per gallon, with a few

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B2B Stories

Despite hike in interest rates, local leaders optimistic about Augusta’s 4th quarter economy

Despite the economic challenges this year has presented, James Clayton remains optimistic about the fourth quarter of 2022. Clayton, an insurance agent with New York Life, attended the grand opening celebration of Ameris Bank’s new permanent branch located in Walton’s Corner at 3626 Walton Way Extension in Augusta Wednesday. “You’re seeing new buildings and construction,” he said. “I expect our local economy to outperform the national market; we’re going to be OK.” Ameris Regional President Remer Brinson, who has worked in banking in Augusta for 40 years, agrees. Brinson said

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