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Category: Business Plan

06/02/202311/07/2024

Jefferson Co. Development Authority hosting business pitch competition | Journal-news

KEARNEYSVILLE — The Jefferson County Development Authority has announced the opening of registration for its Jump Start Jefferson program.

Interested businesses and individuals can begin to submit registrations Feb. 15 for the upcoming April program.

The competition, according to a release issued by the JCDA, will encourage participants to hone new skills or sharpen existing skills in support of their respective business ventures, while competing for grant funding throughout the competition.

The competition, the inaugural one for the JCDA, is designated as Jump Start Jefferson – to promote a jump start for local entrepreneurs. Through the program, they will be

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06/02/202311/07/2024

LETTER: ‘Unaffordable living is not a great business plan’

‘University should have worked with the city to have better planned for the large influx of students to the community this year,’ said student

GuelphToday received the following letter to the editor from university student Helene Carle regarding a recent article outlining the current student housing crisis.

As a third year student, my sympathies are with those trying to find housing in Guelph for this coming school year. The university, and by relation, the city, have failed to place those placed in Guelph for their studies.

It is clear that the University of Guelph is becoming more and more popular,

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05/02/202311/07/2024

How to Create a Comprehensive Business Plan in Six Steps

A business plan is a foundational key to success for any business, whether big or small. Whether your goal is to secure funding for your business, develop a general roadmap, or simply grow your business from the ground up, an effective plan must be established prior to any first step.

What is a Business Plan?

For those unfamiliar with the term, a business plan is a key document that defines, in detail, the objectives of a company and how that company specifically plans to achieve those goals. This plan will cover everything including finances, marketing, operational considerations, legal considerations, and

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04/02/202311/07/2024

Wu’s rent control bid has been floated. Will it rise or sink?

These speakers addressed a more basic economics than did Jacoby. They posed a moral question: “How much profit is enough?” Rampant real estate speculation is a moral issue. Real estate investors buy buildings with a business plan that requires mass evictions and rent increases in order to make maximum profit. Those business plans don’t represent what investors “need”; they represent what investors hope to make by driving people out of their homes.

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What is fueling the resistance to displacement and the drive for rent control? It is the

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03/02/202311/07/2024

The Importance of Having a Business Plan | Modern Restaurant Management

Having a passion for food isn’t enough to run a restaurant. It takes a lot to become an entrepreneur including learning actively from mistakes, understanding operations, and managing finances. A business plan is necessary to clarify everything in the beginning. Many entrepreneurs who are new to the business might not consider issues such as cash availability, inventory costs and overhead costs. They might underestimate these costs, resulting in a cash shortage for increasing expenses.

Strategic planning before investing is quite critical to the success of any business and can help define a clear pathway. Because of the high failure rate

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02/02/202311/07/2024

FedEx cutting over 10% of management roles

FedEx is shedding more than 10% of its officer and director roles while working to consolidate other teams and functions.

In a letter to team members on Wednesday, company CEO Raj Subramaniam said, “This process is critical to ensure we remain competitive in a rapidly changing environment, and it requires some difficult decisions.”

“Saying goodbye to longtime colleagues and friends whom we value and respect is extraordinarily difficult,” he added. “Unfortunately, this was a necessary action to become a more efficient, agile organization.”

SUPPLY CHAINS UPENDED BY COVID ARE BACK TO NORMAL

The job cuts came after FedEx announced in

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02/02/202311/07/2024

Shipper sues Expeditors for losses due to lack of business plan after cyber-attack

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© Raphael Henrique

By Alex Lennane

01/02/2023

Expeditors’ failure to implement a business continuity plan following last year’s cyber-attack means it is now facing a $2.1m claim in court.

iRobot, a customer for nearly 15 years, claims the forwarder’s ‘voluntary’ decision to shut down its global operating systems in February 2022, with no back-up plan, led to it incurring significant costs and expenses, as its deliveries ground to a halt .

The case, filed last week, claims “Expeditors’ own inattentiveness and negligence exposed its systems to attack, and Expeditors lacked and/or failed to implement the necessary business continuity plan to

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31/01/202311/07/2024

Mom’s hilarious business plan for post-birth ‘coma spa’ goes viral

One Michigan mom has parents around the country coming together with an unusual request — and it involves heavy sedation.

Kalin Sheick, a mom of three in northern Michigan, wakes up each morning and enjoys her coffee while chatting on Instagram stories with customers of her business, Sweetwater Floral.

One morning, Sheick discussed a business idea he had for new moms. The response was “overwhelmingly positive” on Instagram stories, so she decided to post the mock business plan for postpartum women to TikTok.

“We need a service where you go into a medically induced coma and while you’re in that

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