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Despite being a successful businessman today, Justin Uy, president of Cebu-based ProFood International Corporation, has never looked back on where he came from. Uy, who has grown from an avid small-time entrepreneur to a successful businessman who owns several companies, credits his success to his fellow Cebuanos and strives to give back. Ui, also known as Cebu Island mango kingis the founder of one of the most successful Philippine food export companies offering a wide range of tropical fruit products including dried fruits, fruit juices, fruit jams, concentrates, jams, etc. He is also the Chairman of JPark Island Resort and…

How to Start a Business in Colorado (2024 Guide) – Forbes Advisor Writer specializing in small and medium-sized businesses, Editor Brette Sember is a former attorney who has been writing and editing law and legal topics for over 25 years. She is the author of over 40 of her books and is nationally recognized as a divorce and family law expert, with extensive experience including estates, probate, finance, business, bankruptcy, and more . Her website is www.BretteSember.com.Brett Sember, Court DoctorBrette Sember is a former attorney who has been writing and editing law and legal topics for over 25 years. She…

How to Start a Business in Arizona (2024 Guide) – Forbes Advisor Writer specializing in small and medium-sized businesses, Editor Brette Sember is a former attorney who has been writing and editing law and legal topics for over 25 years. She is the author of over 40 of her books and is nationally recognized as a divorce and family law expert, with extensive experience including estates, probate, finance, business, bankruptcy, and more . Her website is www.BretteSember.com.Brett Sember, Court DoctorBrette Sember is a former attorney who has been writing and editing law and legal topics for over 25 years. She…

First, choose a name for your business, as you will need to set up your business using a formal business name. This could be the brand name you want to use publicly, or just the name you use officially for your business entity. You can choose almost any name you want for your business, as long as it: Not being used by another entity registered in Alabama. You can use the state business entity search to see if your name is available in Alabama. It does not contain any words or abbreviations that suggest that it is a different type…

If you’re looking to cash in on the cannabis industry, you’re in luck, as the field is still young and growing. The U.S. cannabis market generated about $10.8 billion in 2021, according to Grand View Research, and the U.S. market is predicted to grow 14.9% annually from 2022 to 2030. Stuart Titus, president and CEO of industrial hemp company Medical Marijuana Inc., said startups of all stripes still have ample opportunity to launch, grow and succeed in the cannabis space.“The whole industry itself is at the very ground-floor level,” Titus said in an interview at the Cannabis World Congress & Business…

Business leader training with his teamgetty It's no secret that in order to make money, you have to spend money. Continuing to reinvest in your business in a smart and strategic way is essential to staying competitive in an ever-changing market. However, understanding where and how to allocate your resources can be a very difficult task when it comes to balancing your budget. Technology and equipment upgrades, infrastructure maintenance, marketing programs, and talent acquisition tend to be priorities. But failing to reinvest in current employees is not an option, as more than 50% of the US workforce is “quietly retiring,”…

Knowing how to scale your business is critical to maintaining business success and financial health. If your business fails to grow and adapt, you risk being left behind by market changes or having your business cannibalized by competitors.But it also means putting in additional work, possibly hiring more employees, and maybe even acquiring funding to cover increased costs. Before you take the leap, you need to make sure you're ready to scale your business.Indicators that it's time to expand your businessTo know when it's time to expand your business, consider the following factors: If some of these apply to your…

Fast food giant McDonald's will introduce plant-based McNuggets to its menu after developing them through a partnership with California-based plant-based meat maker Beyond Meat. McNuggets are made from peas, corn, and wheat with a tempura batter. McDonald's is hoping to extend the success of its McPlant burger, which has been a popular menu item since its launch in 2021, to a wider range of customers.According to a report from Fox Business, the McNuggets will first be tested in Germany to gauge customer demand before being sold in other markets. McPlant burgers will also be introduced following a successful limited-time test…

Investing in U.S. companies is a cornerstone of wealth creation for profit-seeking investors, and the sooner you can get a piece of the investment pie, the better off you are.That also applies to the burgeoning black-owned business sector, which has shifted into a higher gear in recent years.According to the U.S. Census Bureau's most recent annual business survey, released in November 2022, Black-owned businesses had annual revenue of $141.1 billion and payroll payments of $42.2 billion in 2020. Approximately 27.5% of these companies were in the health and social assistance sector. . The number of Black-owned businesses based in the…

Tesla is shutting down its vehicle due to concerns from federal authorities that its Full Self-Driving Mode (FSD) could allow vehicles to unexpectedly (and illegally) drive through intersections above the speed limit, increasing the risk of accidents. , up to 362,000 vehicles are being recalled. CEO Elon Musk has identified FSD as a key initiative for Tesla AI, but the company has yet to reach its self-driving goal.As Reuters points out, the latest recall comes just two weeks before Tesla's much-anticipated March 1st investor day for its controversial Super Bowl ad in which Tesla flattened infant strollers. , which took…