Michele LaHaise-Bates of Michele’s Table has built a loyal following with her sweet treats — many of them French-inspired — which she sells at places like the Red River Market in downtown Fargo. She takes pride in using high-quality ingredients, like Irish butter or Guittard chocolate, in all of her baked goods. WEST FARGO — When you visit Michele LaHaise-Bates’ business, Michele’s Table in West Fargo , the spirit of France is everywhere — from the mini Eiffel tower in her bright pink office to the madeleines, macarons and creme brulee scones on the menu. But after spending thousands to establish and renovate a commercial kitchen and office here two years ago, LaHaise-Bates finds she will soon have to bid adieu to this space at 2111 Main Ave. E. On Jan. 31, the long-time baker and former restaurateur received notice that she would need to vacate her space by March 31. She is one of a handful of commercial tenants who now must find office space elsewhere because property owner, Five Star Storage, intends to demolish the business complex here to make room for more storage units. Although her lease agreement states that the company is only required to […]

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Rosser was looking for a change in career and in June of 2022 she started her own business with 10 employees and partnered with the new Amazon facility in Ashland. (KRCG 13) ASHLAND — Ida Rosser, an Amazon Delivery Service Member, has worn many hats throughout her professional career. She is a St. Louis Native, graduated from Lincoln University, and was a former state government employee in two separate roles. Ida Rosser, an Amazon Delivery Service Member, has worn many hats throughout her professional career. (KRCG 13) Rosser was looking for a change in career and in June of 2022 she started her own business with 10 employees and partnered with the new Amazon facility in Ashland. "Now here we are in February with 100 employees, I think 110 to be exact. So in as little as 7 months, we went from 10 to 100 employees," Rosser said. Amazon Delivery Service Partners primarily work in logistics, and receive extensive training from the company including getting assistance from a business coach. They help coordinate delivery drivers as they load packages into their vehicles and deliver them to customers’ homes and businesses. Rosser’s main motivator is her employees, and in order […]

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At Bankrate we strive to help you make smarter financial decisions. While we adhere to strict , this post may contain references to products from our partners. Here’s an explanation for . Getting approved for a business loan when you have bad credit can be challenging. Lenders typically want to see a good-to-excellent credit score and a solid track record of responsibly managing debt repayment. But even with a credit score that is less than ideal, it’s still possible to obtain a loan for your business. The catch is that it will likely be more expensive and you may need to provide an asset that acts as collateral. Here’s everything you need to know about bad credit business loans , including how to find the best, most affordable one for your business. What is a bad credit business loan? A bad credit business loan is any loan product designed for business owners with poor credit. They have lower credit score requirements and more relaxed eligibility requirements. Since the lender is taking more risk to lend money, bad credit business loans come with higher interest rates and fees and may require more assurances that you won’t default on the loan. […]

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One of the Milwaukee-area’s largest employers, Fidelity National Information Services, said it plans to spin off the Worldpay business it acquired for $43 billion in 2019, the company announced Feb. 13. Jacksonville, Florida-based FIS (NYSE: FIS) has a local presence with around 3,000 Milwaukee-area employees , according to Milwaukee Business Journal research published in August 2022. It has an office in Brown Deer and also occupies space in other Milwaukee office complexes. FIS is a competitor of Fiserv Inc., which has its headquarters in Brookfield but is relocating its headquarters to downtown Milwaukee . FIS completed its purchase of Worldpay in July 2019 just days after Fiserv (Nasdaq: FISV) wrapped up its $22 billion acquisition of First Data Corp. while another competitor, Global Payments, reached a deal in May of that year to acquire Total System Services in another $22 billion deal. The decision to spin off Worldpay comes after a year in which FIS revenue grew by only 5% and a few weeks after FIS initiated a "comprehensive assessment of the company’s strategy, businesses, operations and structure," looking to drive more value . The spinoff of what FIS internally called its "Merchants Solutions" business will drive value by […]

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Global brand puts a spotlight on mechanics every March in appreciation for keeping the world moving LEXINGTON, Ky., Feb. 20, 2023 /PRNewswire/ — Valvoline’s global products business, a global automotive leader powering the future of mobility through innovative lubricant and fluid products, today kicked off its 4th annual Mechanics Month, a campaign to celebrate the impact of mechanics around the world. The month-long initiative will highlight the contribution of mechanics in more than 60 countries worldwide. The effort will celebrate the importance of mechanics as knowledgeable professionals who are critical to keeping engines running and people moving forward. Participating countries will show appreciation for industry professionals through social media, giveaways, paid advertising, and individual market-specific events to enhance consumer awareness. "Behind every vehicle on the road is a trusted mechanic," said Katie Reed Hurst, Senior Brand Manager, Global Brand Equity. "It’s their hard work, skill and relentlessness that keeps our world turning." Valvoline supports trusted mechanics around the world all year long through trainings, scholarship programs and business growth initiatives, but during the month of March, the brand looks for others to join in the celebration and support of mechanics. Participation in the campaign has grown from 15 countries […]

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The EU Foreign Subsidies Regulation ( FSR ) entered into force on 12 January 2023 and will start to apply from 12 July 2023. Any business wanting to do business in the EU after July could be affected and should prepare now to understand its impact, which could be significant. The FSR aims to protect the EU’s internal market from foreign subsidies which distort competition and create a level playing field. The European Commission ( EC ) is to be given extensive powers to intervene against such potential distortions in relation to any economic activity, and a new notification regime for certain M&A transactions and public tenders, which is independent from current EU/national merger control and foreign direct investment ( FDI ) notification requirements, is to be introduced. This will add significantly to the administrative burden faced by businesses, not only in relation to specific deals and tenders if notification is required, but also on an ongoing basis as maintaining data on subsidies/financial support received will be vital. With less than five months to prepare for the FSR (and slightly longer for the new ex ante notification obligation, which starts to apply from 12 October 2023), the key implications, […]

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By Rieva Lesonsky Black business owners want their businesses to contribute to a thriving Black community. getty Since 1976 every U.S. president has designated February Black History Month to honor the achievements of Black Americans. And while the growth of Black-owned businesses is undoubtedly one of the achievements to celebrate, Black business owners still face formidable challenges. Last fall, the U.S. Census Bureau released the 2021 Annual Business Survey (covering 2020), showing an estimated 140,918 Black-owned businesses with employees in the country, earning $141.1 billion in annual receipts and employing 1.3 million workers. Yet, according to Brookings , Blacks comprise 14.2% of the U.S. population, but only own 2.3% of all employer firms. Additionally, there are about 3 million Black-owned businesses without employees. So, in total, there are approximately 3.12 million Black-owned businesses, generating $206 billion in annual revenues and employing 3.56 million workers. Intuit QuickBooks recently released a new insights report containing some eye-opening stats about the “Black entrepreneurial experience in America.” It shows that “in addition to the pressures of running a business, Black business owners must navigate racism and biases that threaten their success.” Black business owners must deal with racism According to the report, 79% […]

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Running a profitable business is not an easy task, as evidenced by the high failure rate of new businesses. According to the Bureau of Labor Statistics, 18% of new businesses fail in the first year, while up to 65% fail by their 10th year. An important factor in building and maintaining a profitable business is using an accurate budget. A budget carries a lot of weight, so as an accountant, building one might seem daunting. This indispensable duty does not have to be intimidating, however, as long as you know where to start and if you approach it the right way. Identify revenue fotoscool – Fotolia In order to craft an accurate budget, a company’s revenue streams will need to be identified. Accountants should find all sources of revenue and calculate how much money the business can expect to generate. Revenue sources could include services provided, product sales, subscriptions and fees, as well as other avenues. Some revenue could be one-time income, such as asset sales. Other sources may be ongoing, including rent from property assets or monthly and annual fees paid by clients. Determine expected costs After calculating the revenue a company is expected to bring in, the […]

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As a senior technologist and division director based in Macquarie’s Philadelphia office, David Kim has the enviable privilege of overlooking Independence Hall and the Liberty Bell as he goes about his day. As a key partner in delivering the future of Macquarie Asset Management, Kim’s remit goes significantly beyond simply providing technology infrastructure. His team works together to problem solve across a range of different roles which include workshopping, consulting, identifying efficiencies in processes and communications, boosting high-value impact, and simplifying processes and information exchanges. “One of our essential roles is to provide the information and tools needed to enable our business to create insights that support a better outcome,” Kim said. “We guide our stakeholders on how technology can create value, looking at digital transformation rather than electronification of existing or legacy ways of delivering on the demands of the day.” Breadth and depth of experience Kim’s career in financial services technology has spanned over 20 years, and both the sector and his role within it have changed dramatically over that time. “I graduated with a computer science degree from Columbia University and, by virtue of wanting to stay in New York, most of the jobs I interviewed […]

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Kroger wants former staff to return to their old jobs. Kroger is texting and emailing ex-workers to encourage their return amid a wider labor shortage. Associated Wholesale Grocers is messaging former workers on Facebook and LinkedIn to get them back. Manufacturer General Mills has a pilot program to bring retirees back to fill staffing gaps. 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 . Food retailer Kroger is reaching out to former staff by text and email to encourage them to "boomerang" back to the company, The Wall Street Journal reported. The Cincinnati-based retailer is contacting ex-employees in a bid to bring its staffing levels back to its pre-pandemic headcount, per the newspaper. The supermarket chain is keeping in touch with staff who leave. Some are becoming "boomerangs" as little as six months after leaving either because new roles didn’t work out, […]

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