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DOVER — The Hive on Loockerman is starting to bustle as it prepares to officially open its business center and meeting space this week. Chevonne Boyd, owner of the store at 28 W. Loockerman St., has been waiting for this moment for some time. “Oh, it’s been a really long time coming,” she said, “and we’re really looking forward to welcoming the community to The Hive and showcasing our products and services and how we can best support small businesses and nonprofits looking to start up in Dover.” Open houses are scheduled for Wednesday, June 5th from noon to 3pm…

The lights go out again, but this time they don't come back on. You cast Lumos to light up your surroundings. You turn around and see a group of three mannequins at the end of the hallway. However, they quickly disappear as the lights above them flicker on and off. If you keep going north down the hallway you'll reach a dead end. If you turn south you'll also reach a dead end. If you keep turning, looking for an exit, the walls will seem to close in and you'll be trapped. The only way out is to cast the…

What will be the aftermath of ExxonMobil's director nominees facing possible removal by shareholder vote after some institutional investors expressed dissatisfaction with the company's decision to sue two small shareholders who submitted a climate change resolution with which it disagreed? Will suing shareholders resolve the dispute? How company boards handle shareholder resolutions has been a topic of discussion at boardroom meetings since ExxonMobil sued Arjuna Capital and Follow This in January for pushing a shareholder resolution calling for accelerating emissions targets aimed at curbing climate change. ExxonMobil's decision to take its disagreements over shareholder-filed resolutions to court could undermine the…

Richard McBride, CFO of supply chain management consultancy Efficio, has worked in finance across a variety of sectors, including staffing, testing and inspection, pharmaceuticals and media. While these industries have different inputs and outputs, the demand for financial control and accuracy – and the need for trust that comes through reliable financial data – remains the same. McBride spoke with our own Katie Kuehner Hebert about why finance leaders need a high level of versatility and how trust in financial data can drive its use in strategic decision-making across the organization. What sparked your interest in corporate finance and what…

It is commonly said that compensation should follow a company's strategy: a company develops its strategy and then aligns its structure, talent, and compensation accordingly. But sometimes (quite surprisingly) the process goes the other way and compensation discussions reveal gaps in assumptions, leading to important, deeper conversations that clarify strategic intent. In the first of this three-part series, we examine three case studies that show how executive compensation discussions can drive value creation by highlighting misalignments and unfounded assumptions. In the process, they spark conversations that lead management and the board to reframe and more clearly articulate strategy. In the…

HIGH POINT, N.C., May 30, 2024 – High Point University students presented their business ideas to a panel of judges at HPU's annual business plan competition and won thousands of dollars in start-up funding.Students competed for funding to start their companies or continue to develop their business plans. Four student-run businesses were recognized and awarded start-up funding during the competition.Vivian Love, an entrepreneurship major from San Francisco, California, who will graduate in 2024, won the top prize and $12,000 for her business, Aircierge, which she described as a virtual concierge that improves guest service and enhances the travel experience in…

SECURE 2.0 401(k) Startups With tax incentives and state mandates, forecasters are predicting robust growth for plans in the coming years, but what type of retirement plan design will best benefit these startups?In a post from Employee Fiduciary LLC, which offers 401(k) plans for small businesses, CEO and president Eric Droblyen outlines six key features that small businesses should consider: participant eligibility, compensation, contributions, vesting, distributions and loans. How a plan sponsor addresses these plan elements can mean the difference in “thousands of dollars in plan costs,” Droblyen noted.Want the latest news and insights from retirement plan advisors? Sign up…

SECURE 2.0 401(k) Startups With tax incentives and state mandates, forecasters are predicting robust growth for plans in the coming years, but what type of retirement plan design will best benefit these startups?In a post from Employee Fiduciary LLC, which offers 401(k) plans for small businesses, CEO and president Eric Droblyen outlines six key features that small businesses should consider: participant eligibility, compensation, contributions, vesting, distributions and loans. How a plan sponsor addresses these plan elements can mean the difference in “thousands of dollars in plan costs,” Droblyen noted.Want the latest news and insights from retirement plan advisors? Sign up…

Adobe Stock Summer is a season of sun, fun, and planning new professional successes — and it's the perfect time to develop a business plan to give you an edge over the competition. This article aims to give you a clear roadmap for designing a novel and effective summer business plan, so if you’re ready to make this season your most productive yet, read on. What makes summer a great time to grow your business?Summer is the perfect time for businesses to explore new avenues of growth, as longer daylight hours and relaxed energy take hold. As people adjust their…

IMARC Group's report titled “Fonio Processing Plant Project Report 2024: Industry Trends, Plant Setup, Machinery, Raw Materials, Investment Opportunities, Cost & Revenue” provides a comprehensive guide to setting up a fonio processing plant. The report covers various aspects ranging from a broad market overview to intricate details such as unit operations, raw material & utility requirements, infrastructure needs, machinery requirements, manpower needs, packaging & transportation requirements, etc.In addition to the operational aspects, the report also provides detailed insights into the fonio processing process, project economics covering key aspects like capital investment, project funding, operational costs, revenue and expenditure forecasts, fixed…