Thursday, January 23, 2020

BIA sets Small Business Day for Feb. 14 in Concord | Business | unionleader.com

CONCORD — The Business and Industry Association's has scheduled its annual Small Business Day for 7:30 a.m. to noon Feb. 14 at the Holiday Inn, 172 N. Main St., Concord.

This year's agenda features panel presentations about small business financing; Goldman Sachs 10,000 Small Businesses program; federal and state tax reform changes; and the benefits of a multiple employer pension retirement plan.

The event is held in partnership with New Hampshire Small Business Development Center, New Hampshire Department of Business and Economic Affairs, Small Business Administration, as well as local and regional chambers of commerce and business associations, including Hampton Area, Greater Hudson, Lakes Region, Lake Sunapee, Littleton Area, North Country, Greater Salem, Souhegan Valley, Upper Valley Business Alliance, Western White Mountains, and Wolfeboro chambers of commerce.

Publisher: UnionLeader.com
Twitter: @UnionLeader
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Lynnway Auto Auction gets new owner, new name – Lowell Sun

BILLERICA — Though still in the auto industry, the former Lynnway Auto Auction has new owners and a new name.

Over the summer the business, located at 400 Charter Way off of Rangeway Road, began operating under the name America's Auto Auction. A deed dated June 5, 2019, shows the 400 Charter Way property was transferred from BLR LLC to Store Master Funding III LLC. The deed lists Lynnway Auto Auction owner James Lamb as manager of BLR LLC.

The principal location for Store Master Funding III LLC is in Scottsdale, Ariz., according to the Massachusetts Secretary of State’s corporations division website.

Publisher: Lowell Sun
Date: 2020-01-23T20:49:02 00:00
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Managing the Trickiest Parts of a Family Business

Directors on the board of family businesses face some unique challenges. Family owners often don’t share the same agenda, and interpersonal dynamics are much more complicated, which can make discussions of CEO succession, compensation, and underperforming executives messy and emotionally fraught. Though tackling these issues may be uncomfortable, family boards cannot afford to treat them like taboos.

Serving on any board of directors is hard, but in a family-owned business, it's even harder. Unlike their public-company counterparts, which focus mainly on increasing shareholder value, family-business boards must act on behalf of stakeholders with multiple and potentially conflicting agendas – for example, co-owners with equal power and completely opposing financial timelines.

Publisher: Harvard Business Review
Date: 2020-01-23T13:05:03Z
Twitter: @harvardbiz
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Businesses Need a 'Catalyst' to Make CSR Practices Stick - Harvard Business School Working

In short, "Those top-down point solutions have not been shown to be effective and sustainable," Kaplan says.

While companies often have tremendous potential to partner with local communities for the good of all, they often lack the connections, expertise, and financing to get those enterprises off the ground. For that reason, they need a "catalyst" to make such strategies possible.

The trio of thinkers proposed the idea in a 2018 Harvard Business Review article , in which they dubbed such a strategy "inclusive growth." Kaplan, one of the cocreators of the Balanced Scorecard methodology, and Serafeim, an expert on social impact investing, partnered with Tugendhat, who has helped to implement such projects overseas.

Publisher: HBS Working Knowledge
Date: 23 Jan 2020
Twitter: @HBSWK
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Many things are taking place:

Business this week | The world this week | The Economist

The IMF trimmed its forecast for global growth in 2020, to 3.3%. The fund welcomed both the easing of the trade war between China and the United States and the diminishing probability of a no-deal Brexit, but said the prospects for economic growth remain weak overall. America's GDP is expected to expand by 2% in 2020 and the euro area's by 1.3%. Although the clouds are still swirling over Brexit, Britain's economic outlook is slightly brighter than had been forecast in the past.

China's economy grew by 6.1% last year, the slowest pace since 1990. The trade war with America hit already-weak consumer spending and exacerbated a slowdown in the property market. The IMF reckons that China's GDP will expand at an even slower rate, by 6% this year and 5.8% next year.

Publisher: The Economist
Twitter: @TheEconomist
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Air Quality Should Be Important To Your Business (Here's Why) - Utah Business

As inversion season rolls in, the quality of Utah's air is always a topic up for discussion. No matter your profession or politics, it's impossible to deny that air quality is a challenge along the I-15 corridor, especially at this time of the year. Haze settles into the valley like soup in a bowl, affecting everything from business and travel to moods and health, and it's natural for us to consider what we can do to mitigate its impact.

Not only does Utah's air affect all of us personally, but it also impacts your business and career. Air quality affects the bottom line. Below are three reasons why businesses should be concerned about this important issue and how we can participate in voluntary activities to reduce emissions in a way that positively addresses the winter inversion. 

Publisher: Utah Business
Date: 2020-01-23T15:00:00 00:00
Twitter: @UtahBusiness
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United launches all-new business card with 100k bonus miles, plus elevates welcome bonuses across

Out with the old, and in with the new. Chase and United have announced the launch of an all-new business card option: the United Business Card . To celebrate the launch, potential cardholders can also take advantage of new limited-time welcome offers across four United cobranded credit cards.

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Chase and United are closing the United Explorer Business Card to new applications, announcing an all-new United Business Card in their cobranded credit card lineup. The new card builds upon the current Explorer Business Card’s benefits but adds new features. The United Explorer Business Card will be closed to new applications after today, Jan. 23, 2020.

Publisher: The Points Guy
Date: 72370BF646E221E40058DAF36285E2A7
Twitter: @thepointsguy
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10 Companies Microsoft Could Buy to Boost Its Growing Cloud Business - Barron's

Piper Sandler analyst Brent Bracelin asserts in a research note Thursday that 2020 could be a defining year for the software giant. He argues that Microsoft (ticker: MSFT) has "a unique opportunity to further elevate its cloud leadership position through share gains and needle-moving M&A."

The company's huge run to a $1 trillion-plus valuation has been driven by the remarkable growth in its Azure cloud business , which is smaller than Amazon.com 's (AMZN) Amazon Web Services but growing faster—and Bracelin thinks the company can press its advantage with a smart deals.

Date: 2020-01-23T18:26:00.000Z
Author: Eric J Savitz
Twitter: @BarronsOnline
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