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Will a 5G ‘supercycle’ happen?

Will a 5G ‘supercycle’ happen?

The Apple iPhone 12 Pro Max is unveiled during a virtual product launch.

Daniel Acker | Bloomberg | Getty Images

The iPhone hit its peak three years ago.

That’s when Apple reported its last blowout holiday quarter for the iPhone, selling more than 77 million devices that generated $61.1 billion in revenue. It’s been downhill for Apple’s iPhone sales ever since.

But the most bullish Apple analysts were nonetheless predicting a new “super cycle” for the iPhone ahead of the iPhone 12 announcement on Tuesday.

Apple’s last super cycle was in the fourth quarter of 2014, when it reinvigorated the iPhone lineup by introducing larger screens that matched rival devices from companies like Samsung. That quarter, Apple sold 74.47 million iPhones (up 46% from the previous year), generating $51.18 billion in revenue (up 57% from the year before).

Apple’s iPhone business has never seen that kind of growth again.

Revenue peaked in the fourth quarter of 2017, but even then it was only up 13% from the previous year, and unit sales dropped 1% — the increase in revenue was thanks to a higher average selling price, as Apple released its first $1,000 iPhone.

The bull case

So what’s with all the bullish calls for another super cycle given the iPhone’s lackluster (or negative) growth over the last three years? A few factors are working in Apple’s favor this time around.

Time for an upgrade: Analysts estimate that 30% or more of current iPhone owners are using a device that’s at least 3 years old. That’s a lot more people than are normally feeling the itch to upgrade in a given year.

Speed: The iPhone 12 series will be the first from Apple to connect to new 5G wireless networks that promise faster speeds for downloading and streaming, along

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How his presidency would affect your small business

How his presidency would affect your small business

Rhonda Abrams, Special to USA TODAY
Published 10:00 a.m. ET Oct. 14, 2020

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Learning to be flexible and to pivot quickly has helped O’Brien achieve great success as a reporter and entrepreneur.

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In the three decades I’ve been advocating for small businesses, there’s never been a more challenging time for them and for the self-employed. And we’re far from out of the woods as this pandemic is not yet under control, and the economy is likely to take a long time to recover.

We’ve seen how President Donald Trump and his administration have responded to this crisis, but what would an administration headed by Joe Biden and Kamala Harris look like for small business and the self-employed?

“Day one, the focus is getting the coronavirus under control,” said Rhett Buttle, Biden for President National Business Advisor. “One in six small businesses are probably not coming back, and COVID is top of mind for most small businesses. The effort to contain the virus and ensure recovery is part of Biden’s small business plan, and small business stakeholders and the focus on small business will be a critical part of that.”

Looking at Biden’s top 6 proposals:

► Grants, not loans, for true small businesses that have lost substantial revenue. “We’ve been doing small business roundtables around the country,” said Buttle, “and we’ve heard directly from small business owners that not only was PPP (the Paycheck Protection Program) mismanaged but they weren’t sure how forgiveness worked.”

My take: Biden has this right. Grants, instead of loans, were the better choice originally for small businesses who were being told they’d need to take on debt when they had no idea when they’d even be able to open – and low confidence in a program with a bungled rollout. Grants

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South Carolina announces new relief for nonprofits, small businesses

South Carolina announces new relief for nonprofits, small businesses

Small and minority-owned businesses and nonprofits in South Carolina may apply for grant awards to be reimbursed for qualifying expenditures for providing services or revenue loss because of the response to COVID-19.



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© Provided by Washington Examiner


Announced by the Department of Administration on Monday, grants in the amount of $2,500 up to $50,000 will be funded with federal Coronavirus Aid, Relief and Economic Security Act money.

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Businesses and nonprofits can apply for relief grants beginning Oct. 19, and applications must be received no later than Nov. 1.

To qualify for a grant, small and minority-owned businesses must employ 25 or fewer employees, be located in South Carolina, have been operational from Oct. 13, 2019, to present and must have experienced economic effects because of the coronavirus pandemic.

Nonprofits must be a registered 501(c)(3) organization, registered as a public charity in South Carolina, physically located within the state and have been operational from Oct. 13, 2019, to present.

Grants will be administered by the Department of Administration in cooperation with Guidehouse Inc., a professional grant management services provider.

Tags: States, News, Coronavirus, Business, South Carolina

Original Author: Vivian Jones, The Center Square

Original Location: South Carolina announces new relief for nonprofits, small businesses

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Paradigm Expands Lumberyard Business with New Hires

Paradigm Expands Lumberyard Business with New Hires

Dan Poepping and Chase Hackner to focus on Lumberyard and Estimating Technology

Poepping will serve as Customer Success Specialist for Paradigm Estimate. Poepping brings more than 20 years of management experience, much of it in the building supply, millwork, and manufacturing segments.
Poepping will serve as Customer Success Specialist for Paradigm Estimate. Poepping brings more than 20 years of management experience, much of it in the building supply, millwork, and manufacturing segments.
Poepping will serve as Customer Success Specialist for Paradigm Estimate. Poepping brings more than 20 years of management experience, much of it in the building supply, millwork, and manufacturing segments.
As Business Development Manager, Hackner will employ his background in construction sales and software technology to show lumber companies how they can increase the speed and efficiency of their material takeoff services with Paradigm Estimate.
As Business Development Manager, Hackner will employ his background in construction sales and software technology to show lumber companies how they can increase the speed and efficiency of their material takeoff services with Paradigm Estimate.
As Business Development Manager, Hackner will employ his background in construction sales and software technology to show lumber companies how they can increase the speed and efficiency of their material takeoff services with Paradigm Estimate.

Middleton, WI, Oct. 14, 2020 (GLOBE NEWSWIRE) — Paradigm announces the hiring of Dan Poepping and Chase Hackner to support the company’s expanding material takeoff technology for lumberyards.

Poepping will serve as Customer Success Specialist for Paradigm Estimate, a construction takeoff technology that provides more accurate building material takeoffs for lumberyard and building supply companies. Poepping brings more than 20 years of management experience, much of it in the building supply, millwork, and manufacturing segments.

As Business Development Manager, Hackner will employ his background in construction sales and software technology to show lumber companies how they can increase the speed and efficiency of their material takeoff services with Paradigm Estimate.

“The addition of Dan and Chase represents another example of Paradigm’s singular focus on supporting the building industry,” says Ted Nafzger, Paradigm Chief Revenue Officer. “They both have the industry expertise and dedication to help lumberyards use technology to spend less time on bid preparation and more time

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Malcolm Thomas Joins Innovative Financial Group as New Head of Business Development

Malcolm Thomas Joins Innovative Financial Group as New Head of Business Development

Press release content from PR Newswire. The AP news staff was not involved in its creation.

NASHVILLE, Tenn., Oct. 14, 2020 /PRNewswire/ — Brian Heapps, President of Innovative Financial Group and former President of John Hancock’s broker-dealer Signator Investors, Inc., announced the addition of Malcolm Thomas as their new Head of Business Development. Thomas was on Heapps’ leadership team while they were both at Signator. Malcolm will immediately step in and take over the acquisition and growth strategy including the expansion of IFG’ s National Network of Advisors and the MyRemoteFA® business.

Thomas joins IFG after spending the past two years as Director of Advisor Success at XY Planning Network, where he led the resource platform that catered to the growth and expansion of over 1200 fee-only fiduciary financial planners and their firms. Prior to joining XY Planning Network, Malcolm was the Head of Business Development at Signator Investors. Thomas will be responsible for growing the IFG advisor platform through acquisitions and recruiting advisors to IFG’ s unique turn-key succession platform.

“Malcolm was an integral part of the leadership team at Signator that helped transform the John Hancock broker-dealer to one of the largest independent BD’s in the US, including leading several large broker-dealer acquisitions,” said Heapps.

“With so many advisors lacking succession plans, I’m truly excited about the unique opportunity we have to leverage IFG’s growing MyRemoteFA® business to offer a turnkey solution,” said Thomas. “I’m equally as excited to assist our national network of advisors to grow through acquisition.

About Innovative Financial Group

Innovative Financial Group (IFG) is a full-service financial planning and wealth management firm with over 130 affiliated advisors running independent practices. The affiliated advisors in IFG’s national network are primarily focused on financial planning and investment management with over 4 billion

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