Market Watch

Correspondent WARSAW – He’s a banker. He’s also an entrepreneur, and the son of entrepreneurs. “Growing up,” recalled Adam Fischer, “I always figured I’d be some sort of business owner because I grew up in a family of business owners. My father’s side of the family owns Fischer Funeral Home, and my mother has owned her hair salon since 1990. Our family never really had 9 to 5 jobs and that’s all I ever knew. “I’m a financial adviser for JP Morgan and the senior vice president at the Coshocton Chase Bank,” he added. “I’ve been in financial services for 15 years and I love what I do every day. But during the pandemic, our bank was shut down. I was looking to start an essential business and that’s when I realized dumpster rentals was an underserved market in the area.” Today, Fischer owns Ohio Dumpster Rentals. “I started Ohio Dumpster Rentals in June of 2020,” he said, “after the realization that our area needed a local dumpster rental company. There aren’t any local dumpster rental companies, so it was hard to get a dumpster to our area. I knew I could rent dumpsters locally and more competitively.” Fischer, […]

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TNT Crust in Green Bay.(WBAY) GREEN BAY, Wis. (WBAY) – Three people were taken to a hospital during an ammonia leak at a business in Green Bay. At about 1:15 a.m., the Green Bay Metro Fire Department was called to TNT Crust at 508 Elizabeth Street. Crews found a “substantial leak” in the ammonia coolant system, according to the department. Employees were evacuated. Three people were taken to emergency departments with respiratory issues. Three others were treated and released at the scene. The Brown County Hazardous Materials Team responded to help with the investigation and air quality monitoring. The leak was contained and the building was ventilated. The scene was handed back to TNT Crust for repairs. The Green Bay Metro Fire Department received help from Green Bay Police, the Department of Public Works, and Brown County Hazmat. TNT Crust produces pizza crust for regional frozen pizza manufacturers, chains, and food service distributors. Copyright 2023 WBAY. All rights reserved.

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Jan 18 (Reuters) – New York excavation contractor Brian Dietz does not view higher air fares as a deal-breaker for flying and airlines are seeing more small and medium size companies like his feeding a 2023 rebound in business travel. The joint owner of family-run Bob Dietz & Sons is not thrilled about higher fares but plans to fly for meetings and to a March trade show despite rising costs, economic uncertainty and a recent wave of flight cancellations. When it comes to evaluating heavy machinery, nothing compares to in-person. "You want to touch it, you want to sit in it, you want to operate it," Dietz said. "You can’t do that on Zoom." Global airlines are expected to return to profitability this year for the first time since 2019, fueled by demand for leisure trips, according to trade group IATA. Also helping is expected demand from financial services companies and small and medium sized enterprises (SMEs) like Dietz’s, according to industry officials and various surveys. Latest Updates Booking activity by SMEs hit 80% of 2019 levels during the third quarter of 2022, 19 percentage points above multinational corporations, according to American Express Global Business Travel (Amex GBT). Although […]

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Empathy is vital for the forming, strengthening and maintenance of long-term, highly effective … [+] Getty Images When it comes to the traits that help solidify business partnerships, attributes like trust and a willingness to collaborate to find win-win solutions can play a key role in building a strong, mutually beneficial relationship. But how do you get to that foundation of trust and collaboration in the first place? Quite often, it comes down to empathy — or the ability to detect and understand the feelings of others. Empathy is often confused with sympathy, but it goes so much deeper than that. Sympathy is essentially a sense of pity when someone else is distressed. Empathy, on the other hand, is seeking to truly understand what another person feels, and demonstrate the compassion and understanding they need to feel valued and appreciated. When leaders better understand what empathy is and how it can make a difference in their business relationships, they can position themselves to participate in more meaningful and successful partnerships. 1. Empathy Considers How Different Factors Affect the Partnership While empathy is often described as “walking in someone else’s shoes,” true empathy — especially in the business world — […]

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getty It’s not often that $260 billion industries go largely unnoticed. But when it comes to business process outsourcing (BPO), this is very much the case. This is in part due to the nature of their “below-the-line” operations. But, as I will argue, this $260 billion sleeper industry may just hold the key to future business success, resilience and continuity. I believe that much like what cloud kitchens did for the hospitality industry—stripped out inefficiencies, increased margins and decreased operation complexity—BPOs can do for information-based businesses. Defining A BPO Electronic Data Systems’ Morton H. Meyerson (a man destined to be a CEO with a name like that) proposed outsourcing as a business model in 1967 . However, the practice only became a formal business strategy in 1989 . The rise of the Information Age has ushered in a new evolution of outsourcing: BPOs. Where outsourcing in the past meant handing off non-core processes on an ad hoc basis, business process outsourcing involves outsourcing entire business functions perpetually. With today’s vast BPO infrastructure, just about every business function can be outsourced: customer service, data analysis, marketing, software development, IT management and more. This wide availability of skills for hire and […]

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getty Imagine having a lawyer show up at your doorstep to tell you that your brand has been served after working on that identity for two to five years. You learn it’s because another company in your industry uses a similar name or logo, and if they don’t file a case to make you stop using that name, they might have problems with competition or confusion for their customers. What is the most logical thing you would do at that moment? Of course, you should get a lawyer if you don’t have one. Now imagine that after the whole case, the court’s order is that you should change your brand name after you have invested a lot of energy and time into building the brand to its current status—not to mention the thousands of dollars you have spent on your brand identity and branding system. Think of the kind of pain that comes with having to start everything all over again with a new name. Well, that could happen to you if you don’t trademark your brand. Nobody likes to fight in court in order to keep their company name, but it keeps happening to brands across the world. […]

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Use TikTok yourself to get a lay of the land before posting as a small business owner, these entrepreneurs said. Marketing for Small Business Presented by TikTok can be a great platform for small business owners to market their products or services. A lot of Gen Z uses it as a search engine, so good keywords and hashtags in captions are crucial. These business owners say don’t try to look perfect or shoot professional videos — just get started. This article is part of " Marketing for Small Business ," a series exploring the basics of marketing strategy for SBOs to earn new customers and grow their business. Sign up for our weekday newsletter, packed with original analysis, news, and trends — delivered right to your inbox. 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 . As a 42-year-old business owner, Alice Kim initially didn’t think TikTok was the right channel to promote her clothing brand for women […]

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getty Let’s face it, NFTs in many respects don’t have the best reputation. In fact, I like to jokingly call them the three-letter bad word. I find that there are multiple reasons for this misconception. For some people, it is a simple lack of education. They have no clue what NFTs are, but they believe the negative headlines. For others, a very limited NFT education gives way to “ right-clicker mentality ,” referring to the ability of anyone to technically right click and save an NFT image, as well as a lack of technological confidence. Novelty is hard to trust, especially in the world of finance. But in reality, NFTs are so much more than just JPEGs with a price tag thrown on them. There are countless business applications for them outside of trading in speculative bubble markets. Many just don’t know it yet. Background On NFTs NFTs are now a market that is projected to be worth $231 billion by 2030. Still, many people have no idea what they are. The reason for this is simple: NFTs are new. Relatively new, that is. When the internet was first burgeoning, people thought it was a fad as well. It […]

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Lake Charles, LA (KPLC) – Submissions are being taken right now for a contest that can help local entrepreneurs bring their business from just an idea to reality. Eric Cormier with the Southwest Louisiana Economic Development Alliance joined us this morning to go over the details. The SEED Center Business Pitch Competition is known for helping to launch local companies like WAITR and GOPHR. You can enter the competition by applying on the SEED Center’s website with your idea. Once you’ve applied, you’ll get information from the SEED Center to allow you to prepare to make your business pitch. There will be a selection process for applications but the organizer’s goal is to allow anyone who qualifies for the competition to be able to make their pitch on the day of the competition. There are divisions that applicants will be sorted by such as: The winners in each division will receive $5,000 to help start their businesses. And for those that need a little additional help getting their idea off the ground, the SEED Center has business coaches that can assist entrepreneurs to understand the process of starting up a business. The deadline for applications is April 5 with […]

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In this article GS Goldman Sachs CEO: We had a disappointing quarter and we own that watch now Goldman Sachs CEO David Solomon told CNBC on Wednesday that his firm suffered an upsetting quarter partly due to its overly ambitious consumer efforts. "We obviously had a disappointing quarter, and we tried to own that, you know, up front," Solomon said Wednesday on CNBC’s " Squawk Box " at the World Economic Forum in Davos, Switzerland. The New York-based investment bank on Tuesday posted its largest earnings miss in a decade as revenue fell and expenses and loan loss provisions came in higher than expected. Goldman said quarterly profit plunged 66% from a year earlier to $1.33 billion, or $3.32 per share, about 39% below the consensus estimate. That made for the largest EPS miss since October 2011, according to Refinitiv data. "In the consumer platforms, we did some things right. We didn’t execute on some others," Solomon said. "We probably took on more than we should have, you know, too much, too quickly." Building and expanding its consumer banking business has turned out to be more challenging than expected. Goldman last year pivoted away from its previous strategy of […]

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