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B2B Stories

Local shopping center sold for more than $20 million

For nearly 17 years, Eddie and Carol Kennedy have owned and operated Great Deals on Furniture in the Village Plaza shopping center on Bobby Jones Expressway. The busy center, previously owned by an Ohio-based company, has been sold for a little over $20 million. Carol said she and her husband haven’t met the new owners yet, but they have received emails and phone calls from them. The couple isn’t worried about possible changes that could affect their business. “We had a great working relationship with the previous owners, and we

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Josh Heath June 6, 2022 No Comments
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Banking leaders warn of an economic ‘hurricane’ on the horizon

Several leaders of major banks recently warned about a looming financial crisis that could plunge the United States into a major recession. This reflects the same sentiment of a gloomy economic forecast as Hull College of Business economist, Simon Medcalfe made in his ABD column on Wednesday (see his local report here). “It’s a hurricane,” JP Morgan Chase CEO, Jamie Dimon said at a recent banking conference in describing his view of the economy. Like with a natural hurricane, where it is sunny and peaceful in the days ahead of

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Gary Kauffman June 6, 2022 No Comments
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Mondays with Rick: Tips on recruiting and retaining good employees

  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

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Gary Kauffman June 6, 2022 No Comments
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Fifth Street Bridge project expected to draw large crowds to downtown Augusta

Once the Fifth Street Bridge reopens later this month, it’s expected to attract more people to downtown Augusta, and Greg LaBelle looks forward to turning some of those people into customers. LaBelle co-owns Two Dudes and a Boat Kayak Rentals located near the bridge in the Fifth Street Marina. He and his business partner, Steven Cox, not only rent out kayaks but also offer guided kayak tours of the Savannah River for groups and corporations. “We are so fortunate that the pedestrian bridge will have a bird’s eye view of

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Josh Heath June 3, 2022 No Comments
B2B Stories

Local college wants to help you become a more effective leader

If you want to increase your company’s productivity or become a more effective leader, Aiken Technical College may have just the course you need. The college has begun offering The 7 Habits of Highly Effective People Signature Edition 4.0 course. The two-day, in-person class covers each of the habits, which include Be Proactive, Begin with the End in Mind and Put First Things First. Nikasha Dicks, Aiken Tech’s Director of Marketing and Public Relations, said it incorporates a variety of teaching methods, including lectures, videos, interactive discussions, and small-group activities.

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Josh Heath June 3, 2022 No Comments
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Augusta coffee pioneer opens new downtown location

The people who started the local coffee scene opened their third coffee shop today in downtown Augusta. Buona Caffe opened this morning at 520 Reynolds Street. Although it’s a new location for a retail shop, the building has been home to Buona’s bean roasting since 2018. The building also serves as a warehouse, an equipment showroom, and a training classroom. Owner, John Curry said opening a coffee shop at the location had always been part of the plan for the building, which is located next to the Augusta Museum of

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Gary Kauffman June 3, 2022 No Comments
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CSRA bank celebrates 120th anniversary

When Queensborough National Bank & Trust was founded, Teddy Roosevelt was in the White House. The local bank just celebrated its 120th anniversary. Founded in May 1902, it was originally called the First National Bank of Louisville, which is a small town located about an hour from Augusta. Queensborough now has 27 locations in towns throughout Georgia, including Augusta, Waynesboro, Sylvania, and Statesboro. The bank, which was established with only a few employees, now has a staff of more than 350 people, and currently manages more than $2 billion in

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Josh Heath June 2, 2022 No Comments
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Simon says: Augusta economic forecast gloomy as jobs continue post-pandemic lag

Employment in the Augusta MSA has increased by 4,000 jobs in the last year, through April – the latest available data, but remains more than 6,000 jobs off the pre-pandemic peak (see chart below). As I have written about in recent articles (April 13, May 4), this makes Augusta one of the worst-performing economies in Georgia. The more bad news was released by the Bureau of Labor Statistics on May 18. Job openings in Georgia declined by 33,000 in March. Georgia was one of four states to see a decline,

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Dr. Simon Medcalfe, AU Economics Professor June 1, 2022 No Comments
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Georgia businesses leader says worker shortage will continue for years

If you think the workforce shortage is a short-term problem, think again, says Chris Clark. Clark, President, and CEO of the Georgia Chamber of Commerce said the problem is expected to affect businesses worldwide for the next 10-12 years. He discussed the state of Georgia’s economy and possible strategies for improving it in a presentation called “The New Georgia Economy” on Thursday, May 26 at Augusta University. One of the topics he discussed was workforce development. Clark said there are currently 11 million job openings nationwide, 400,000 of which are

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Josh Heath May 31, 2022 No Comments
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