SAN FRANCISCO — Health care’s business class returned to its San Francisco sanctuary last week for JPMorgan’s annual health care confab, at the gilded Westin St. Francis hotel on Union Square. After a two-year pandemic pause, the mood among the executives, bankers and startup founders in attendance had the aura of a reunion — as they gossiped about promotions, work-from-home routines, who’s getting what investments. Dressed in their capitalist best — ranging from brilliant-blue or pastel-purple blazers to puffy-coat chic — they thronged to big parties held in art galleries and restaurants. But the party was tinged with new anxiety: Would the big money invested in health care due to COVID-19 continue to flow? Would investors ask to see results — meaning profits — rather than just cool ideas? The buzzy conference had just as many words about profits as about patients. The mostly maskless crowd spoke English, French, Japanese — and, of course, money. Besides the corporate and investment types, attendees routinely saw surprising characters — like celebrity doctor Mehmet Oz, fresh off his Senate loss, holding court in the lobby on Jan. 10. If the vibe in the hotel’s congested halls was upbeat — or, at least, […]

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Democrat Josh Shapiro was sworn in as Pennsylvania governor Tuesday, Jan. 17. During his campaign, he said he would focus on encouraging more businesses to locate and expand within the state. Two days following Pennsylvania Gov. Josh Shapiro’s inauguration, Pittsburgh-area business leaders voiced optimism that the Democrat will usher in a new era of economic competitiveness. The state has struggled to turn research and innovation that occurs at its universities into broad-based job creation, research shows . But Shapiro shows signs he prioritizes the issue, encouraging local economic development groups they could soon receive more support to implement strategies for expanding high-tech industries in the Pittsburgh region. On the campaign trail last summer, Shapiro embraced policies to encourage business investment and workforce development. Once elected, he formed a transition team to develop a broader economic development strategy. “We have a governor who wants to work with us and is going to lay out the plan to get there. And we as a region have positioned ourselves to respond and partner accordingly,” Allegheny Conference on Community Development CEO Stefani Pashman said during a webinar that her organization hosted Thursday. Pashman and other boosters have crafted thorough proposals in recent years […]

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No matter what your New Year’s resolution is, these courses will help you reach your goals in 2023 This is a modal window. No compatible source was found for this media. SAN ANTONIO – San Antonio has 54 construction projects currently working and city officials say 89% of them are considered on time. Still, many business owners near construction say the limited access to their establishment is driving revenue into the ground. “It’s impossible for us to continue to do business on Broadway. We have no choice but to close the business down. We’re thinking early spring,” Augie Cortez Jr., owner of Augie’s Alamo City BBQ said. The barricades surrounding the restaurant are a similar sight to those on the North St. Mary’s strip. “It’s sometimes even more challenging than what we’ve dealt with and with COVID, which is a lot to say out loud. We’re looking at hundreds of thousands of dollars in lost revenue, just me personally, but I’m not unique,” said Aaron Pena, the owner of Squeezebox. When the city has a construction project, they take bids from contractors. Assistant city manager Rod Sanchez said they usually have to take the lowest bid out of qualifying […]

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Longtime restaurateur Jon Dressler only sees opportunities as the Charlotte Convention Center ramps up events and meetings in its expanded space . More traffic through that building stands to help Charlotte’s culinary industry grow its footprint, says Dressler, founder of Rare Roots Hospitality. “Convention traffic gives you an exposure. Here’s an opportunity to market that event for future business,” Dressler says. His uptown restaurant, Fin & Fino, is a frequent destination for convention attendees. The 8,200-square-foot social seafood house opened at 135 Levine Ave. in April 2018. Rare Roots is also behind Dressler’s at Birkdale Village and in midtown; The Porter’s House in south Charlotte; and Dogwood Southern Table & Bar in SouthPark. A sixth concept, Chapter Six, is under construction in South End. Dressler says convention traffic bumps up sales by as much as 30% when events are in town. That combined with the return of uptown workers led Fin & Fino to its best year ever in 2022. Lunch service was reinstated in April after a 24-month gap. He says Tuesdays, Wednesdays and Thursdays are consistent. Business trends about 30% lower on Mondays and Fridays — a byproduct of hybrid work schedules. Dressler says there are three […]

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getty With 2022 in the rearview mirror, now is a perfect time to step back and assess what it taught us about the state of B2B sales. Virtual selling to digital-centric customers continued to gain momentum; linear sales models are becoming obsolete; and evolving buyer preferences, such as the desire for more rep-free experiences and self-guided purchasing, are rendering traditional enablement tactics ineffective. Above all, creating alignment across sales, marketing and customer success departments is now nonnegotiable for exceeding quotas and meeting business objectives. These trends all point to an overarching theme. The shifting dynamics of B2B sales and current economic conditions have heightened the importance of sales enablement innovation. Organizations are learning that a sole focus on enabling the individual seller no longer drives pipeline growth. Instead, it’s about unifying customer touchpoint data with automated feedback loops that provide end-to-end visibility. (I detailed the intricacies of revenue enablement in a previous article.) Over the next year, I believe B2B sales leaders will build on this momentum. With a potential recession looming, the winners of 2023 will be the companies that embrace the value of business enablement—a more holistic and ROI-centric model that drives top and bottom lines simultaneously. […]

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Head Coach at The Powerful Man with 20 years of global experience. Helping businessmen save their marriage without having to talk about it. getty Marriage is a complex and multifaceted relationship that requires effort, communication and compromise from both partners. While all marriages face their own set of challenges, business ownership can add an additional layer of complexity to the equation. The demands of running a business, as well as the financial pressures that come with it, can put a strain on personal relationships and make marriage more difficult for business owners. In this article, we’ll explore some of the specific challenges that business owners face in their marriages and offer strategies for managing these challenges. The Challenges One of the most significant challenges that business owners face in their marriages is the long hours and demanding schedules that come with running a business. As a business owner, you may find yourself working longer hours than you would as an employee, and you may be required to put in extra effort and dedication to ensure the success of your business. This can leave little time for personal relationships and can lead to feelings of isolation, stress and resentment within […]

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Bernie Marcus says he doesn’t want the "woke generation" leading business. Home Depot cofounder Bernie Marcus is adamant he doesn’t want the "woke generation" leading business. He told Fox Business that "nobody wants to work anymore" because of "laziness" and government benefits. Home Depot has distanced itself from Marcus, noting he hasn’t worked at the company in 20 years. Top editors give you the stories you want — delivered right to your inbox each weekday. Something is loading. Thanks for signing up! Access your favorite topics in a personalized feed while you’re on the go. Email address By clicking ‘Sign up’, you agree to receive marketing emails from Insider as well as other partner offers and accept our Terms of Service and Privacy Policy . Home Depot’s 93-year-old cofounder Bernie Marcus — who retired in 2002 — says he doesn’t want the "woke generation" leading business, arguing that they would spend money "we don’t have" on climate mitigation and wouldn’t focus on the bottom line. Speaking on Fox Business Network’s "Varney & Co" on Thursday, Marcus — who no longer has any day-to-day involvement with the company — said: "I certainly don’t want to see the woke generation coming […]

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Source: Canyon Rim Consulting, LLC AMARILLO, TEXAS — Canyon Rim Consulting, LLC announced late December it had joined the Oracle NetSuite Solution Provider Program, through which the company will leverage cloud enterprise resource management (ERP) capabilities to provide its food manufacturing clients with more modern control over their processes, data and supply chains. Canyon Rim Consulting was founded in 2021 by several core members of Merrick Pet Care’s former information technology (IT) team. Wayne Freeman, foundational architect at Canyon Rim, worked with Merrick for more than 15 years as IT director. Now, he and his team are translating that experience to bring business intelligence solutions such as automation, data analytics, and other technology services to the CPG and manufacturing industries — including pet food and treat processors. “The past few years brought disruptive change, and many organizations are seeking modern, cloud-based systems that can provide greater flexibility to help during challenging times,” Freeman said. “We are excited to partner with NetSuite to expand our portfolio of services and further strengthen Canyon Rim’s manufacturing and supply chain expertise. NetSuite’s integrated business system will allow our customers to improve visibility into data across the organization, increase efficiency, and address industry challenges.” […]

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Ways to use artificial intelligence applications like ChatGPT, Jasper and Lensa to generate real cost-saving/profitability results. Opinions expressed by Entrepreneur contributors are their own. Artificial intelligence is not only altering the course of the internet but also impacting the future of business. While some fear that it will have harmful economic repercussions by replacing people in jobs, AI can also serve as a game-changing tool to grow a business and increase its efficiency — help with everything from lead generation to content creation. Here are a few popular new platforms and how you can apply them: ChatGPT Launched by OpenAI in November of 2022, this chatbot amassed more than a million users in just five days . A generative dialogue AI application, it can create new content, and its potential uses are virtually endless — from writing full essays to blog posts , song lyrics to cover letters and resumes. It can even draft legal contracts using local statutes/regulations pulled from public sources. For coding purposes, it can write and explain code, find errors in existing code and build websites. A master chatbot characterized by stunning accuracy, its greatest asset is an ability to mirror organic, lifelike conversations. Because […]

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Many entrepreneurs need a large amount of cash to launch or grow their startup businesses. When you’re passionate about the potential of your idea, pitching to outside investors can seem like a simple and obvious way to obtain that much-needed cash. However, first-time entrepreneurs often make mistakes when engaging with private investors, from not asking for the right amount of money to giving up too much control of their businesses. Here, Forbes Finance Council members share some common mistakes entrepreneurs make when attempting to raise capital through private investors. No matter what stage of funding you’re in, this expert advice can help you avoid common pitfalls and improve your chances of raising the money you need to grow. Members pictured from left to right. Photos courtesy of the individual members. 1. Not Getting Directly To The Important Details In Your Pitch Entrepreneurs underestimate the time their deck and story have to make an impression—90 to 300 seconds is all you have. Stop focusing on what makes you excited and use your short time to highlight the areas that get private investors excited. What is the total addressable market? Do you have a team with the knowledge and skill required […]

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