Thursday, May 6, 2021

Vienna hopes to unite town again with Business Appreciation Month contests | Tysons Reporter

If there was a business that helped make the past year more bearable for you, whether it was a restaurant that became a takeout favorite or a yoga studio that kept you centered by pivoting to online classes, now is your chance to give them some recognition — at least if they’re located in the Town of Vienna.

May is Business Appreciation Month in Virginia, and the Town of Vienna Economic Development Office announced yesterday (Tuesday) that it will celebrate by reviving the #ViennaUnited campaign that it introduced last year to support local businesses during the early days of the COVID-19 pandemic.

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Publisher: Tysons Reporter
Date: 2021-05-05T15:30:26-04:00
Author: Angela Woolsey
Twitter: @tysonsreporter
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Business bank opens in Virginia Beach | Virginia Business

Integrity Bank for Business opened for business May 3 in Virginia Beach, led by former Heritage Bank President and CEO Michael S. Ives.

The first new community bank established in Hampton Roads since 1998, it received regulatory approval last month . In January it announced that it raised more than $20 million in stock purchase commitments .

Integrity also announced three advisory boards, and cited its senior management, which include veteran alumni of Heritage Bank, which merged with Southern Bank in 2016.

Publisher: Virginia Business
Date: 2021-05-05T18:57:56 00:00
Twitter: @virginiabiz
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Melrose warns chip shortage to hit auto business after strong recovery | Reuters

The owner of GKN. Which supplies parts to carmakers such as Volkswagen, said it was performing modestly ahead of its expectations, with sales for the four months ended April 30 up 8%.

For the four month period, automotive business sales were up 28% year on year but were down 13% on 2019, it said, adding that there would be a deferred impact on growth rates due to the shortage of chips.

The pandemic has spurred demand for consumer electronics and led to severe competition with automakers for chips globally. Sanctions against Chinese tech companies further exacerbated the crisis.

Publisher: Reuters
Date: 2021-05-06T07:45:06.140Z
Author: Yadarisa Shabong
Twitter: @Reuters
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Learn more about the 2021 Influential Women in Business

Despite the many challenges, they find a way to make it all look easy. The high-pressure careers. The growing families. The service on local boards and volunteer efforts at area nonprofits.

This year's Influential Women in Business, honored in the latest edition of Business Report , balance all these demands—and more, including a pandemic. Of course, it's not easy—and it hasn't been a leisurely climb for any of this year's nine honorees: State Rep. Paula P. Davis; Senate Secretary Yolanda J. Dixon; VGraham LLC founder Vanessa Graham; CocaCola Bottling Co.

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Publisher: Baton Rouge Business Report
Date: 2021-05-05T15:22:49 00:00
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5 Mind-Altering Wealth Strategies for Successful Business Owners | Kiplinger

I'm an entrepreneur and just so happen to be in the business of providing other entrepreneurs with financial advice. But I don't typically offer up the usual status quo advice that tells you to do things that aren't always in alignment with growing your business.

My views originate from my experiences and at times are contrarian to what's being recommended by the usual tax preparer and other financial advisers, because I am in the trenches running a business just like you. I know what it takes to grow a business, make payroll, deal with IRS notices and manage cash flow.

Publisher: Kiplinger
Author: Brian Skrobonja Investment Adviser Representative
Twitter: @Kiplinger
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2021 President's Cup Business Plan Competition | Sierra Nevada University

The President's Cup presentation evening is one of the most exciting events of the academic year. It attracts an enthusiastic audience from both the college and community. The teams present their business ideas to a panel of external judges. Their presentations use PowerPoint, video, and sometimes working physical prototypes. Each team has five minutes to make their pitch, present a short market analysis and financial summary, and respond to questions from the judges.

Due to the COVID pandemic, the 2021 President’s Cup competition on April 21 was conducted over Zoom.

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Publisher: Sierra Nevada University
Date: 2021-04-23T22:15:07 00:00
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Survey: 85% of small business across US fully open in March

Kabbage, an American Express Company that provides payment solutions for businesses, today released the second installment of its Small Business Recovery Report tracking U.S. small business recovery and growth through 2022.

Polling more than 550 small business leaders, the report illustrates how small businesses are closer to reaching pre-pandemic levels of operation.

The survey includes businesses with fewer than 20 employees (53% of respondents), medium-sized small businesses with 21 to 100 employees (29%) and the largest businesses with 101 to 500 employees (18%). The results show a spike of businesses reporting they're fully open, and a higher increase of in-person sales as vaccination availability expands.

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Publisher: Baton Rouge Business Report
Date: 2021-05-05T20:06:07 00:00
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San Francisco To Redirect $3.75 Million From Law Enforcement To Black Business | HuffPost

San Francisco will redirect $3.75 million from the city's police budget to organizations supporting Black businesses and entrepreneurs.

In an announcement Wednesday, Mayor London Breed said that the funding would go to more than a dozen local organizations and come out of the city's Dream Keeper Initiative, which was announced last year and will reinvest $120 million from law enforcement budgets into San Francisco's Black community.

Publisher: HuffPost
Date: 2021-05-05 19:21:33 -0400
Twitter: @HuffPostPol
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WATCH NOW: Northam speaks at Green Business Alliance launch | Local Government | dailyprogress.com

Governor Ralph Northam speaks during a ceremony to sign legislation establishing Enslaved Ancestors College Access Scholarship and Memorial Program on Wednesday by the Memorial to Enslaved Laborers on Wednesday.

Gov. Ralph Northam on Wednesday commended a newly formed group that aims to help Virginia-based businesses and nonprofits address climate change and prepare the economy for a clean energy future.

"We've had these climate commissions in Virginia and we listen to the data and we've said that we really need to get out there and take action and then we really never have. In the past few years, we have been able to work together and really understand what we're up against as a society," Northam said.

Publisher: The Daily Progress
Author: GINNY BIXBY vbixby dailyprogress com
Twitter: @dailyprogress
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