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B2B Stories

Thoughts from the General: Stories from the remarkable life of Bill Russell

I will never forget the day that basketball great Bill Russell visited the Air Force Academy. He was serving the U.S. State Department as a special envoy to Africa. The year was 1973. He had retired from playing basketball and would soon move on to full-time coaching. When he arrived at the Political Science Department his handshake was memorable. Bill’s hand seemed to be twice the size of mine; it surrounded mine. He visited a class with about 20 cadets who were taking a course in international relations. An introduction

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Ret. Maj. General Perry Smith August 3, 2022 No Comments
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Simon Says: Although technically not a recession, U.S. economy is slowing

There was a great debate last week over whether the U.S. economy was in a recession. Gross Domestic Product (GDP), or the total final value of all goods and services produced in the economy, fell by 0.9%. This was the second consecutive quarter of declining GDP after the first quarter contraction of 1.6%. However, the United States does not define a recession as two consecutive quarters of declining GDP. Instead, a private group of economists at the National Bureau for Economic Research (NBER) determines recessions in the United States based

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Dr. Simon Medcalfe, AU Economics Professor August 2, 2022 No Comments
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Local police discuss how businesses can protect themselves from robberies

A 13-year-old boy has been arrested for an armed robbery that happened at GameStop on Deans Bridge Road on Saturday, July 9. While such crimes may appear to be random, and there is little businesses can do to prevent them, that’s not always the case, according to Capt. Brandon Beckman with the Richmond County Sheriff’s Office. Beckman, who oversees the office’s Criminal Investigation Division, shared some strategies business owners can use to prevent robberies. “I think ensuring proper coverage at all times plays a part in robberies,” he said. “As

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Josh Heath August 2, 2022 1 Comment
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Matthews Motors to sell Dennis Eagle ProView trucks

Matthews Motors of Augusta recently announced that it has become a distributor of Dennis Eagle Proview refuse collection trucks. This adds to Matthews Motors company’s already extensive product line of truck sales, maintenance and up-fitting, and automated fleet management services. “We are extremely excited to become part of the Dennis Eagle family,” said Bob Matthews, CEO of Matthews Motors. “Dennis Eagle is the industry leader for quality and durability with some of the most innovative chassis designs in the industry.” “We’re delighted to have Matthews Motors on board as a

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Staff Report August 2, 2022 No Comments
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New tenants move into Aiken shopping center

A longtime Aiken shopping center is now home to a new restaurant and will soon gain another tenant, according to Meybohm Commercial Properties. The Feed Sack located at 1593 Whiskey Road recently opened in Mitchell Center, which was built in 1958. The restaurant serves a variety of menu items, including seafood, salads, sandwiches, and hamburgers. The Feed Sack is open for lunch, dinner, and Sunday brunch. This fall, Lotus Beauty will also move into the more than 95,000-square-foot shopping center, which contains Dollar General, MattressMan, and Rent-A-Center locations. Lotus Beauty

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Josh Heath August 2, 2022 No Comments
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War takes its toll on Georgia businesses

    The war in Ukraine is affecting businesses in Georgia and advocates urge the state to develop a family leave policy. – Augusta Business Daily Business Update by Mike Petchenik    

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Mike Petchenik August 1, 2022 No Comments
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New commercial real estate company helps local businesses and landlords

Tracy Carter has a passion for commercial real estate, which is what prompted her to launch her own company that focuses strictly on commercial leasing. Carter, an agent with Keller Williams Realty who’s licensed in both Georgia and South Carolina, opened CSRA Commercial Spaces, LLC in early July to help businesses find buildings and landlords find tenants. “I’ve been here for 30 years and I saw a need,” she said. Carter said other real estate companies have commercial divisions, but she doesn’t know of another local company that doesn’t also

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Josh Heath August 1, 2022 No Comments
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Venmo offers financial grants for small businesses

Augusta Business Daily hopes that some of our member companies apply to get a cash infusion from a national payment company. Twenty lucky small businesses will soon receive a pile of cash from Venmo to help their businesses survive. On Thursday Venmo, part of PayPal Holdings announced its Venmo Small Business Grant that will provide $10,000 to help cover business expenses like rent or promotions. Twenty companies will be selected from those that apply for the grant. In addition to the money, the Venmo Small Business Grant will also provide

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Gary Kauffman August 1, 2022 No Comments
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Mondays with Rick: Investing in education to build the future workforce

  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 importance of education and literacy in developing a strong workforce. The interview has been edited for clarity and impact. ABD: Recent reports indicate that more than a third of Georgia third graders struggle to read at grade level and overall education is below pre-pandemic levels. What effect could that have on the local workforce? Rick: These children will become adults and enter

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Gary Kauffman July 31, 2022 No Comments
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EDA president says diversity keeps Augusta economy strong

Diversity is a strength when it comes to the economy of the Augusta area. Cal Wray, President of the Augusta Economic Development Authority, recently had the opportunity to tell the rest of the country about the area’s economy on a podcast of Consultant Connect, a company that works with economic development directors. “People think of just the Masters, but Augusta and the region are so much more than that,” Wray said on the podcast. “What people don’t know is the diversity within the economy here in Augusta. We’re one of

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Gary Kauffman July 31, 2022 No Comments
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