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Survey Says…Economic Outlook is UP
Robins School of Business – Virginia Council of CEOs survey shows highest level of optimism in four years.
Each quarter the Virginia Council of CEOs (VACEOs) and University of Richmond’s Robins School of Business partner to take the pulse of top executives in the region.
The survey results provided by Richard Coughlan, Senior Associate Dean at the Robins School of Business,…Read More -
Congrats to our Friends at Team Henry for Being Named to Fortune List – the 100 Fastest-growing Inner-city Businesses in the Country
Three Virginia companies have been named to a list of the 100 fastest-growing inner-city businesses in the country. Team Henry Enterprises in Newport News ranked No. 12, River City Comprehensive Counseling Services in Richmond was No. 13 and The Pediatric Connection in Richmond was No. 97 on the 2014 Inner City 100 compiled by Initiative for a Competitive Inner City…Read More -
More Talk, No Action (Yet)
Congress continues to kick the can on many issues, but in this case there’s at least promise of action yet to come. The Tax Extenders bill has some hugely important provisions affecting business and individual taxes for 2014: 50% bonus depreciation for another year; expensing up to $500,000 of new fixed assets; extension of the R&D and other credits; availability…Read More -
Fahrenheit client, Evatran, announces Cadillac ELR as latest to use @PluglessPower Technology
The Fahrenheit Group is excited for our client, Richmond-based Evatran, who announced Monday that the Cadillac ELR will become the latest car to be compatible with the company's wireless recharging technology. Deliveries of the ELR, a hybrid luxury coupe made by General Motors, began in December 2013. The manufacturer's suggested retail price is $77,825, according to Edmunds.com, an online resource for…Read More -
What does a Japanese Olympic Marathoner and FASB have in Common?
A Microscopic Step for (Business-) Mankind: FASB’s new revenue standard In 1912, Shizo Kanakuri, a runner from Japan vanished during the Olympic marathon. There is some debate over his whereabouts and motivation that day -some accounts placed him at an outdoor party drinking while others claimed he strayed unconsciously into a banker’s cocktail party- but regardless, he ended up staying…Read More -
Nominations are open for RVA Companies to Watch!
Venture Forum RVA the catalyst for Richmond’s visionaries– is proud to announce its marquee event, RVA Companies to Watch, presented by Venture Forum RVA & Elliott Davis. Save the date for Wednesday, October 29, 2014 at the Hippodrome, 528 N 2nd Street, Richmond, VA 23219. This event recognizes emerging startups and growth companies in the Richmond community. Nominations for the…Read More -
No mission statement? No mission
In the late 1990s I worked as a Budget Director for the DOD in Rota, Spain. As one of only two civilians in a facility of fifty sailors and officers, I got a first-hand look at all the things the military does exceedingly well. (Of course I also got a glimpse of the many oddities that remind one that the…Read More -
The Cost of Operational Glitches in Midsized Companies
Julie Stepp recently read an article on operational meltdowns in midsized companies, and had some thoughts of her own. Many small companies growing to the midsize level run into these issues as well. Often the situation of one bookkeeper that knows too much and has no back up starts impacting the organization due to lack of timely financial and operational…Read More -
100 Great Questions Every Entrepreneur Should Ask
Often times success and leadership comes not from providing the right answer, but from asking the right question. The attached article offers 100 questions that are sure to spark vigorous debate and spark new ideas about where your business is headed. The questions can shape your thinking about how you are managing your business for success over the long-term.
Connect…Read More -
Network, Net Worth!
Two great thoughts on the importance of networking. Russ Gambrel had a lightbulb moment (it goes hand-in-hand with NEVER EAT ALONE). A recent article from the Huffington Post conceptualizes the reality that your biggest asset is YOUR NETWORK. Most folks have never considered the truth in that. Building your network ‘asset' requires investing in your relationships and in turn, building…Read More -
What do King Solomon, David Lee Roth, Zappos and Nigerian scammers have in common?
What do King Solomon, David Lee Roth, Zappos and Nigerian scammers have in common? A recent edition of the Wall Street Journal included an essay adapted from the book “Think Like a Freak” by Steven D. Levitt and Stephen J. Dubner of “Freakonomics” fame that provides the answer: the practice of “game theory.”
In their typical entertaining and thought provoking…Read More -
Get paid. Faster!
Slow-paying customers can cripple a small business and throw a wrench into even a well-thought-out cash flow management plan. This problem is so widespread that now there is even an initiative for sharing deadbeat customer nightmares via hashtag #GetPaidNotPlayed. Not all slow-paying customers are deadbeats. There are a multitude of reasons why customers don't pay on time. Reasons run the…Read More