Business Services Archive

Utah Firm Pays $1.9M For NLR Apartments (Real Deals)

by George Waldon 12/1/2014 12:00 am

A 120-unit apartment project in North Little Rock changed hands in a $1.9 million transaction. PC Wilmington LLC of Provo, Utah, acquired the Wilmington Apartments complex at 617 Donovan Briley Blvd. from Wilmington Apartments Ltd. of Gardena, California.

Charities Prosper Under New Laws, Economy

by Marty Cook 12/1/2014 12:00 am

An improving economy and a state full of philanthropic hearts have meant another good year for Arkansas charities, despite concerns that tax law changes might have caused complications.

Preventing Fraud Requires a System (Ann Dorsey Commentary)

by Ann Dorsey 12/1/2014 12:00 am

Every business should have a fraud prevention system in place that includes a solidly written fraud policy and provides training to develop a culture of fraud awareness.

The Power of Mentorship (Monique L. Sanders Commentary)

by Monique L. Sanders 12/1/2014 12:00 am

The business world has changed tremendously over the last two decades, but some things remain constant. Successful companies understand the value of key elements, such as strong relationships. Continuous employee development in communication and in internal and external customer service, along with partnership development, supports positive results. A formal mentorship program can offer invaluable development in these and other areas.

Help Fight Financial Illiteracy (Charlott Jones Commentary)

by Charlott A. Jones 12/1/2014 12:00 am

As individuals and as a country, we are in the throes of a huge problem with consequences for our families, our communities and our entire nation. That problem is financial illiteracy.

No Daily Report, Morning Report or E-newsletters on Thursday, Friday

by Arkansas Business Staff 11/26/2014 11:03 am

Arkansas Business will not send the Daily Report, Morning Report or weekly industry e-newsletters on Thursday and Friday in recognition of the Thanksgiving holiday.

Picasolar Gets New Funding, Works to Scale Innovative Solar Cell

by Mark Carter 11/26/2014 09:31 am

Fresh off a new round of federal SunShot Initiative funding and a $1.2 million round of equity capital, Fayetteville's Picasolar will spend the next 10 to 12 months scaling its solar cells to meet the industry standard.

HP Earnings Miss Estimates, Show Continued Struggle

by Associated Press 11/25/2014 04:12 pm

Hewlett-Packard Co.'s latest earnings report shows that despite three years of efforts to turn its business around, the venerable tech giant still has a lot more work ahead.

Civik Connects Legislators, Constituents Through Targeted Surveys

by Mark Carter 11/25/2014 09:27 am

Trent Atwood's Civik enables elected officials to use targeted questions, based on ZIP code or demographics, to survey constituents on specific issues.

Innovate 2 Educate Event Allows Students to Solve Problems

by Mark Carter 11/24/2014 08:09 am

Students from eStem Public Charter High School in downtown Little Rock spent Friday morning pitching startup ideas designed to innovate the current educational model.

Conway Sees Two Recent Million-Dollar Deals

by Arkansas Business Staff 11/24/2014 12:00 am

Conway hosted a pair of recent million-dollar real estate transactions. At $2.7 million, the larger of the two is the 71-room Microtel Inn & Suits. About 2 miles south as the crow flies, FNT Professional Leasing LLC of Little Rock purchased a 9,574-SF commercial building for $1.25 million.

Centennial's J.P. Sexton Named Arkansas Mortgage Banker of the Year (Movers & Shakers)

by Arkansas Business Staff 11/24/2014 12:00 am

J.P. Sexton, vice president and mortgage market sales manager at Centennial Bank of Conway, was named 2014 Arkansas Mortgage Banker of the Year by the Mortgage Bankers Association of Arkansas. Sexton has over 25 years of mortgage experience in origination, underwriting, sales and operation management.

Evaluating New Minimum Wage's Effects (Michael Pakko Commentary)

by Michael Pakko 11/24/2014 12:00 am

With the passage of ballot initiative No. 4, the minimum wage in Arkansas will increase in three steps to $8.50 per hour in 2017, $1.25 above the current federal minimum, making Arkansas one of many states to increase the minimum wage above the federally mandated level.

Watson Furniture Gets New Lease on Life (NWA Real Deals)

by Marty Cook 11/24/2014 12:00 am

Philip Taldo has had a busy, happy month. Top on his list is his purchase of Watson Furniture Store on Main Street in downtown Springdale. Taldo, a Springdale real estate agent, paid $250,000 for the two-story, 10,720-SF building that he remembers fondly as the place his father started working at in 1951.

Red Lobsters Serve Up $8.4M Transaction (Real Deals)

by George Waldon 11/24/2014 12:00 am

ARCP RL Portfolio V LLC purchased the Red Lobster at 3707 McCain Blvd. in North Little Rock for $4.98 million. ARCP RL Portfolio VI LLC bought the Red Lobster at 8407 W. Markham St. in Little Rock for $3.44 million

Gov.-elect Asa Hutchinson Begins Bureaucrat Shuffle

by Sean Beherec 11/24/2014 12:00 am

After eight years with a Democrat at the helm of the executive branch, Republican Asa Hutchinson's agency director appointments are also an opportunity to shape the next four years of business in the state.

Fayetteville Anti-bias Ordinance Splits City, Chamber

by Marty Cook 11/24/2014 12:00 am

On Dec. 9, Fayetteville voters will decide the fate of Ordinance 5703 — commonly known as Chapter 119 — which would prohibit discrimination in the workplace or in housing based on veteran status, sexual orientation, gender identity and socioeconomic background.

DRA Investing $3.7M in Delta Projects

by Arkansas Business Staff 11/20/2014 01:46 pm

The DRA estimates the eight Arkansas investments can help create and retain 1,050 local jobs for local residents. The projects include water and sewer improvements for the Big River Steel project in Osceola.

GWI to Acquire Pinsley Shortline Rail in Arkansas

by Arkansas Business Staff 11/20/2014 10:53 am

Genesee & Wyoming Inc. (GWI) has reached an agreement with Pinsly Railroad Co. to acquire Pinsly's subsidiaries in Arkansas for $40 million, GWI announced Thursday.

Video: ARK Challenge Concludes Fourth Run in Little Rock

by Mark Carter 11/19/2014 11:16 am

The ARK Challenge startup accelerator last week concluded its fourth installment, and first in Little Rock, with Demo Day presentations of company pitches held inside the Clinton Center's Great Hall.