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Small businesses have always faced pressures related to competition and revenue, but in recent years, external factors such as COVID and inflation have presented Florida small businesses with unprecedented challenges. Due to the COVID-19 pandemic, 9.1 million jobs Small business owners have proven resilient in the first two quarters of 2020. From March 2021 to March 2022, we saw a surge in new small business formations and expansions. 4.9 million jobs Just one year. Now, small business owners in Florida like me are feeling the effects of rising inflation. Recent Reports Florida has one of the highest inflation rates in…
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HARRISTON – The City of Minto and the LaunchIt Business Exploration Centre have selected Brass Ridge Acres as the winner of the 12th annual PitchIt Minto Business competition. The competition began in 2012 to help grow Minto’s small businesses and raise awareness of available resources. This year, the competition has the largest number of finalists ever, with a total prize pool of $28,500. “We've never had this many finalists before, so we asked our sponsors if they would be willing to offer finalist awards to more businesses than we anticipated, and they agreed without hesitation,” said Belinda Wick Graham, director…
The foundation of the 2024/25 plan is the delivery of existing services covering the whole of the city. The council will continue to deliver 25 core services, made up of more than 200 different activities. Playford Mayor Glenn Doherty said this is in line with what the community expects from the council.”The majority of the budget is allocated to things we know impact on residents' daily lives, such as maintaining our roads, shoulders, ovals and playgrounds, collecting rubbish and providing libraries and community centres,” the Mayor said. “These services are the backbone of our city and make up the majority…
A business plan is a comprehensive document that outlines the goals, strategy, and operating structure of a business. Business plans are essential for entrepreneurs and business owners because they act as a roadmap for the company's future. In 2024, the business environment will change rapidly, making a well-thought-out business plan more important than ever. A business plan can help you secure funding, guide strategic decisions, and track your progress. A business plan provides a clear vision and direction, enabling a company to overcome challenges and seize opportunities effectively. Additional resources for business planning For anyone looking to deepen their understanding…
If the topic of Generative AI has been hogging an increasing share of your meeting agendas, you’re hardly alone. Since it was unleashed on the general public two years ago, GenAI has become the subject of endless news stories that seem to alternate between predictions of game-changing benefits for the modern enterprise and dire warnings of gloom and doom. GenAI, even in its infancy, represents not merely an incremental step forward but a generational leap that might even genuinely warrant the hype and buzz it has engendered. Among its potential gifts, it promises to reduce product development cycles and enable…
CASCADE LOCKS — Fostering economic growth through tourism and recreation, planned use of port assets and modernizing internal operations are the goals for the Port of Cascade Locks over the next five years, according to the port's updated strategic business plan adopted by port commissioners on June 18, their final meeting of the year.The plan is “a blueprint for Cascade Locks' port planning and will guide our work for the next five years,” Moss Adams consultant Annie Faidley said. Central to the plan is Cascade Locks' status as a “renowned recreational destination,” with an economy driven primarily by tourism and…
CASCADE LOCKS — Fostering economic growth through tourism and recreation, planned use of port assets and modernizing internal operations are the goals for the Port of Cascade Locks over the next five years, according to the port's updated strategic business plan adopted by port commissioners on June 18, their final meeting of the year.The plan is “a blueprint for Cascade Locks' port planning and will guide our work for the next five years,” Moss Adams consultant Annie Faidley said. Central to the plan is Cascade Locks' status as a “renowned recreational destination,” with an economy driven primarily by tourism and…
Paid non-client promotion: Affiliate links for the products on this page are from partners that compensate us (see our advertiser disclosure with our list of partners for more details). However, our opinions are our own. See how we rate investing products to write unbiased product reviews. You can start investing in stocks through a brokerage account or by using a robo-advisor. But you should establish goals, review your financial situation, and determine your risk tolerance first. Rebalancing your portfolio periodically will help you keep your investments in good shape. Looking to maximize your money and beat the cost of inflation?…
Business school textbooks are filled with stories of once-thriving companies that failed to evolve with changes in their industry or competitive environment. Blackberry, once the dominant player in the smartphone industry, missed an opportunity to innovate and was overtaken by Apple and Google. Video rental giant Blockbuster was too slow to adapt to the emergence of streaming platforms. Eastman Kodak, one of the most storied brands in American history, was slow to adapt to the digital age and paid the price. In today's service-driven economy, companies that want to avoid joining this notorious list must offer more than commoditized services…