BofA raises minimum hourly wage to $24, increasing starting salary to nearly $50K Bank of America announced that it has raised its U.S. minimum hourly wage to $24 per hour, the latest step in the company’s commitment to $25 by 2025. With the increase, the minimum annualized salary for full-time employees in the U.S. will [...]
Survey: majority of small and mid-sized business owners anticipate revenue growth this year A majority of small and mid-sized business owners expect their revenues to increase this year, and their worries over a recession have declined substantially, according to the 2024 Bank of America Business Owner Report, conducted in partnership with Bank of America Institute. While [...]
Six ways to preserve your company’s legacy through Succession Planning Day-to-day operations take up most of a business owner’s time; yet, what would happen if you were unable to run your business or wanted to pursue other endeavors? Succession planning is a critical process that involves preparing for the transfer of leadership and ownership of [...]
Bank of America data finds that 2022 was a solid year for consumer spending, but the new year brings new challenges Bank of America Institute released new analysis today which shows that, while 2022 was a solid year for consumer spending, the New Year brings with it cross-currents for U.S. consumers, including a potentially weaker job market [...]
House of Hope creates edible landscape Sunflowers and blackberry bushes add color to the edible landscape outside of House of Hope's administrative offices. What better place to find fresh fruit, vegetables and herbs than in your own yard? House of Hope staffers challenged themselves to create an edible landscape in the front [...]
Trend to Watch: Amid Pandemic, New Businesses are Being Created at Fastest Pace on Record Tom Kindred, FSBDC at IRSC Regional Director While there is not much positive to say about the economic devastation caused by the COVID-19 pandemic locally and nationally, there is at least one silver lining. And with what we [...]
Not long ago a desert for craft beer lovers, the Treasure Coast is now home to 10 small breweries, one of them an easy drive for most people in the area. All 10 have been established in the past seven years and stretch from Sebastian in the north to the newest one in Stuart. None are in Okeechobee County yet.