Software development CEO takes remote approach to business – Business – The Columbus Dispatch

frank lamjus

Todd Kaufman didn’t have an adjustment period when the work world went remote in March — his employees already had been operating that way for nearly 10 years.

The Columbus software development firm Test Double has grown to 50 people since its start in 2011. The company, co-founded by Kaufman, has been on the Inc. 5000 list of fastest-growing companies for the past four years and, as of early July, was on track to beat 2019 sales by 10%.

Kaufman so much trusts his employees to act in the firm’s best interests, even while unsupervised, that he and co-founder Justin Searls closed on an employee stock ownership plan transaction just as the pandemic was setting in. Kaufman says it was a solid way to set up a financial exit for himself and keep the company culture intact by avoiding outside investors who might “wreck” it. Kaufman remains CEO and recently

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Avast Business Launches Small Office Protection to Deliver Complete Online Security

frank lamjus

The new product provides all-in-one protection for small businesses, entrepreneurs, and home offices, which are becoming an increasing target for cybercriminals

REDWOOD CITY, Calif., July 30, 2020 /PRNewswire/ — Avast (LSE: AVST), a global leader in digital security and privacy products, today announced the launch of Avast Business Small Office Protection, a solution for small businesses that provides robust, real-time cyber protection that’s easy to install and cost-effective. Securing up to 10 business devices, the product is ideal for entrepreneurs and home offices.

Avast Business Logo (PRNewsfoto/Avast)
Avast Business Logo (PRNewsfoto/Avast)

Entrepreneurs and small business owners are increasingly aware of the risks of cyberattacks, with the U.S. Small Business Administration reporting 88 percent feeling vulnerable. However, budget, time, and IT expertise constraints often prevent them from investing in business-ready cybersecurity.

Small Office Protection by Avast Business is an all-in-one security solution for small businesses that protects all types of devices, protecting a maximum

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Former business minister Margot James joins board of doorstep lender Provident Financial

frank lamjus

Former Conservative minister Margot James has joined the board of doorstep lender Provident Financial after stepping down from Parliament last year. 

Ms James will serve as a non-executive director at the company, which hands out high interest credit cards and loans to borrowers with a poor repayment history and is widely known as ‘the Provvy’.

She served as an MP from 2010 to 2019 and held a number of government offices, including as small business minister and digital minister under Theresa May. 

The politician stoked controversy last year by saying it would be “a bad thing for the country” if the Conservatives won a majority in the general election. She said the best government she ever served in was during the Coalition, where the Liberal Democrats “acted as a very necessary break on our party’s right wing obsession with Brexit”.

The Stourbridge MP was also one of the 21 Tory

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Vuzix Schedules Conference Call to Discuss Second Quarter 2020 Financial Results and Business Update

frank lamjus

ROCHESTER, Ny., July 27, 2020 /PRNewswire/ — Vuzix® Corporation (NASDAQ: VUZI), (“Vuzix” or, the “Company”), a leading supplier of Smart Glasses and Augmented Reality (AR) technology and products, is pleased to announce that the Company will host a conference call regarding its second quarter 2020 operating results at 4:30 PM Eastern Time (ET), August 10, 2020.

(PRNewsfoto/Vuzix Corporation)

To join the live conference call, please dial 877-709-8150 (U.S. and Canadian callers) or 201-689-8354 (international callers outside of the U.S. and Canada) 10 to 15 minutes prior to the scheduled call time. Participants can also click this link for instant telephone access to the event. The link will become active approximately 15 minutes prior to the start of the conference call.

Additionally, a live and archived webcast of the conference call will be available on the investor relations page of the Company’s website at: https://ir.vuzix.com/

Participating on

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Growing your business in a virtual world

frank lamjus

The world changed overnight and advisers rose to the challenge, adapting to a virtual reality with impressive speed and flexibility. Now, more than four months into the pandemic, it’s time for them to get serious about growth. Despite their herculean efforts to keep current clients satisfied, many advisers are ignoring the bigger opportunity: Winning new clients.

OLD TECHNIQUES FALL FLAT IN A VIRTUAL WORLD

The advisory game has changed, and old growth tactics won’t produce the same results anymore. At a time when advisers’ tried-and-true in-person networking events are off-limits, what does it take to attract the attention of new clients?

Growing an advisory business in this virtual world will come down to four key factors:

Adopt a growth mindset. Advisers tell their clients every day not to act emotionally with their money or make investment decisions out of fear. Yet financial planners are not immune to the same tendencies

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Who Has Been Buying First Business Financial Services, Inc. (NASDAQ:FBIZ) Shares?

frank lamjus

Want to participate in a short research study? Help shape the future of investing tools and earn a $40 gift card!

It is not uncommon to see companies perform well in the years after insiders buy shares. On the other hand, we’d be remiss not to mention that insider sales have been known to precede tough periods for a business. So shareholders might well want to know whether insiders have been buying or selling shares in First Business Financial Services, Inc. (NASDAQ:FBIZ).

What Is Insider Buying?

It’s quite normal to see company insiders, such as board members, trading in company stock, from time to time. However, such insiders must disclose their trading activities, and not trade on inside information.

We would never suggest that investors should base their decisions solely on what the directors of a company have been doing. But logic dictates you should pay some attention to whether

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Indian Business Outlook Is the Worst in the World, IHS Says

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(Bloomberg) — Indian business sentiment turned negative for the first time in more than a decade, reflecting pessimism on activity and profits following the coronavirus outbreak.



a person walking down a narrow street: A worker sweeps an empty street during a lockdown imposed due to the coronavirus in Mumbai, India, on Monday, June 1, 2020. Despite a strict two-month-long lockdown, the outbreak in India’s financial capital has snowballed, with the city now accounting for nearly a quarter of India’s more than 4,700 deaths and more a fifth of India’s over 165,000 infections.


© Bloomberg
A worker sweeps an empty street during a lockdown imposed due to the coronavirus in Mumbai, India, on Monday, June 1, 2020. Despite a strict two-month-long lockdown, the outbreak in India’s financial capital has snowballed, with the city now accounting for nearly a quarter of India’s more than 4,700 deaths and more a fifth of India’s over 165,000 infections.

The business activity net balance fell sharply to -30% in June, from +26% in February, according to IHS Markit India Business Outlook survey results released Monday. This was the lowest reading on record and the first time that a negative outlook has been signaled since the series began in late-2009, IHS said.

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Read: What Google Data Tells Us About India’s Economic

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Austin’s VC market weathers financial storm – Business – Austin American-Statesman

frank lamjus

Austin’s venture capital market is typically driven by meetings over coffee, dinners, office visits and handshake deals.

Now, like many sectors that have shifted to remote work amid the coronavirus pandemic, VC investors have turned to Zoom calls as they deal with the uncertainty of how to do business from afar.

Even as they adjust and weather the storm created by the outbreak, Austin startups and investors say the second quarter wasn’t as bad as many had feared for the VC sector, and that they are cautiously optimistic that VC funding will continue to flow the rest of the year.

Austin-area companies raised $257 million in 35 funding deals, according to the latest report from PricewaterHouseCoopers and CB Insights, which tracks venture capital deals nationwide. That was a 31.6% drop from the second quarter of 2019, when $376 million was raised in 47 deals. It’s also a big drop from

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More Than Half of Small Business Owners Expect Revenue Drop in 2020

frank lamjus

Few small businesses are likely to emerge from the pandemic unscathed, and a majority expect to see their revenue fall in what’s shaping up to be a challenging year.

As companies adapt to the coronavirus outbreak that’s causing disruptions to normal life across the world, financial services company TD Bank surveyed small business owners to see how they’re handling the crisis. The survey found that while nearly half (47%) of small business owners have been able to avoid closing their doors even temporarily during the pandemic, that hasn’t been enough for many, as they are still seeing significant declines in earnings.

Lower expectations among business owners

Throughout the pandemic, small businesses have grappled with new uncertainties. In fact, one earlier survey found that more than half of small businesses didn’t expect to survive the pandemic.

Among all small business owners surveyed by TD Bank, 58% said they expect their revenue

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Here’s why the business world needs more Leonardo da Vincis

frank lamjus

Leonardo da Vinci was both “whole-brain” and a humanist: a left-brain analytical scientist, a right-brain creative artist, and an individual profoundly empathetic toward humans and his natural environment. The recent health and inequality crises demonstrate that business can play an essential role in addressing the world’s challenges, and indeed, even before the spread of COVID-19, many corporations pledged to move away from focusing solely on maximizing shareholder profits in favor of a multi-stakeholder growth orientation. This humanizing growth shift presents an opportunity for leaders to step up and champion what we call “real growth”—sustained, long-term, inclusive growth—as the new normal.

Our nonprofit organization, the Institute for Real Growth, recently conducted a study with 550 senior marketers and other leaders to identify the characteristics required to become a da Vinci-like leader. We identified three most critical characteristics: Strong left-brain analytical skills to decode the world; excellent right-brain creative capabilities to tell

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