Padgett Business Services names Jeff Phillips new CEO

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Phillips has leveraged the power of technology to build businesses in the fields of accounting and finance. He is the co-founder of Accountingfly, an innovative, web-based platform that matches accounting firms with local and remote talent.

“Accountants and bookkeepers have never been more critical to small business than right now, and I see my role as helping Padgett’s network of advisors modernize their practices and grow their offices,” said Phillips. “We have an exceptional group of small business advisors and a massive footprint across North America, and, in the short time I’ve been here, I’ve been overwhelmed by the commitment, compassion and purpose of everyone on this team. There is such a great story of success that we can tell for our franchisees and our clients, and I’m excited to work with everyone here to write new chapters that will inspire success and drive growth.”

During his time with

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Box delivers solid earnings by growing existing customer accounts

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Shares in Box Inc. rose almost 9% in after-hours trading today after the company reported better-than-expected second-quarter financial results.

The cloud storage and file management company reported a profit before certain costs such as stock compensation of 18 cents per share on revenue of $192.3 million, up 11% from a year ago. Wall Street had forecast earnings of just 12 cents per share on revenue of $189.56 million.

Box said the company’s success was thanks to its focus on expanding and renewing deals with its existing customer base.

“Our focus is on growing existing accounts by driving add-on product options and seat expansions with Box Suites, as well as efficiently driving new logo acquisition in key markets,” Box Chief Executive Aaron Levie (pictured) said on a call with analysts.

Box said it had $364.9 million in deferred revenue as of July 31, up 10% from a year ago. Second quarter

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Raising capital during the coronavirus pandemic?

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We are living in times of great uncertainty. All businesses, big and small, are trying to preserve cash through budget cuts and layoffs. Tech start-ups that are dependent on venture capital (VC) and are running low on cash are stretching their runway while trying to raise additional capital to help pull through the pandemic and maybe allow for some growth. With a third of the major investors in Israeli tech ($2.7 billion in the past year) coming from outside Israel, and with harsh travel restrictions globally and in Israel specifically, raising capital seems like mission impossible.COVID-19 has greatly impacted VC investment activities. In Israel there has been a 50% decline in early-stage VC investments since the pandemic hit. Both serial and first-time entrepreneurs have to understand the recent changes that have taken place within the VC industry globally and in Israel if they are to successfully raise capital. Here are
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Why you should trade with the top broker

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Selecting the best broker in the options market is very important. People who follow a strategic part, always love to trade with the high-end brokers in Singapore. Taking the trade with the low-end broker results in big losses and the investors don’t have any idea how to take the trades. But you should not feel frustrated with the trading approach. Keep using the conservative trading approach so that you don’t have to lose too much money in the learning phase. Today we will high light some of the common reasons for which you should be taking the trades with the top broker. Read this article carefully as it can change your life.

Safety of the funds

When you take the trades with the high-end broker, the funds will be in the safe hands. People who are taking the trades with the low-end broker never know when the broker will … Read More

Business Services Aug 4 Q2 Earnings Roster: FIS, VRSK & More

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Business Services high dependency on economic activity has made it one of the sectors hardest hit by the coronavirus crisis. The pandemic has significantly disrupted manufacturing and service activities.

However, with the economy reopening and recovering gradually in the second quarter, both manufacturing and non-manufacturing activities have started gathering steam. The demand environment for consulting services has also got healthier.

Notably, economic activity in the manufacturing sector expanded 9.5% from May to June as the PMI measured by Institute of Supply Management (ISM) touched 52.6%. This is the second consecutive month of expansion after April’s contraction that had interrupted an impressive growth rally of 131 consecutive months. Non-manufacturing activities clocked 11.7% growth from May to June as the NMI measured by ISM touched 57.1%. This too ended a two-month period of contraction after 122 straight months of expansion.

However, since the virus outbreak started affecting businesses from the second

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Insurance Sales Agent – Career Rankings, Salary, Reviews and Advice

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Insurance agents sell auto, health, home and life insurance. Commercial insurance agents also sell property damage and liability policies, employee and executive coverage and product liability. Insurance is a heavily regulated field, and agents must be licensed by their state.

Insurance agents are the men and women represented by some of TV’s most unforgettable ad campaigns. Who can forget Geico’s gecko with that adorable British accent, Allstate’s memorable “Mayhem” character or the catchy jingle “Nationwide is on your side”?

About half of insurance agents work for an independent insurance agency or brokerage, and sell the products of many insurance companies. Nearly 20 percent are self-employed. Others work for direct insurance carriers. Commissions are an important source of income for most agents, although a smaller number hold salaried positions. Agents spend considerable time developing and pursuing sales leads. Consumer policy agents do a lot of telephone and office work, while commercial

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Cannabis Industry Just Needs Capital (Podcast Transcript)

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Editors’ Note: This is the transcript version of the podcast we published last Wednesday with Matt Hawkins. Please note that due to time and audio constraints, transcription may not be perfect. We encourage you to listen to the podcast, embedded below, if you need any clarification. We hope you enjoy!

Listen on the go! Subscribe to The Cannabis Investing Podcast on Apple Podcasts, Google Podcasts, Spotify, and Stitcher.

Rena Sherbill: Welcome again to the Cannabis Investing Podcast, where we speak with C-level executives, scientists and law and sector experts to provide actionable investment insight and the context with which to understand the burgeoning cannabis industry.

I’m your host, Rena Sherbill. Hi again, everybody. Welcome back to the show. Happy Wednesday. Happy middle of August. Hopefully, you are doing something to relax you during these dog days of summer unless, of course, you live somewhere where it’s

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Myddleton Mayer Marketing to offer business services in Israel, UAE

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A new joint venture between ‘Noa Mayer Consulting and Business Development’ and the British public relations firm ‘Myddleton Communications’, in collaboration with Public Relations and Strategy consultancy ‘Mishal Vernik Communications’, will offer bi-lateral marketing and business development support to companies and professional services firms in Israel and in the UAE wishing to do business under the new Abraham Accord. 

The joint venture, Myddleton Mayer Marketing (MMM), brings together highly experienced consultancies with unique skills and expertise in both the UAE and Israeli markets, with representation “on the ground” in the UAE and in Israel. 
 

MMM has been created specifically to assist companies take advantage of the commercial opportunities offered by the Abraham Accord combining creative thought and fresh perspectives with integrated B2B marketing communications in both countries. 

MMM’s focus is on strategy & insight, brand development, digital marketing, PR & media, content creation and high impact marketing campaigns to assist

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