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The Whiteboard: A formula for profit – or for missing out?
If yours is like many of the small businesses I’ve studied, the price you quote for your products or services is determined by a simple formula, based on your estimated costs. Feed in your costs and your desired gross margin and presto, out comes the price. There’s just one problem: price has nothing to do with cost.
Members 1st HQ plan developing in Hampden Township
Members 1st Federal Credit Union has proposed a three-story, 172,000-square-foot headquarters in Hampden Township. The Cumberland County credit union has hired Greenfield Architects and Mowery to design and oversee construction of the proposed project, which needs township approval.
Guest view: Proposed tax could harm specialty surgical centers
In his budget address, Gov. Tom Wolf stated to applause, “This proposal asks for no new taxes. Not one dime. Not one penny.” Yet, as the General Assembly combs through the governor’s proposal, we find that there are, in fact, tax increases. One specific tax being proposed by the administration is a “double tax” on ambulatory surgical centers (ASCs) like the ones in my district.
PeoplesBank plans office at Bethany Village in Lower Allen
A PeoplesBank branch will replace a former PNC Bank office at a senior-living community in Cumberland County.
Former Harrisburg State Hospital campus expected to benefit from new brownfields funding
Dauphin County has received $300,000 in new federal brownfields funding, which will benefit environmental assessment work needed to redevelop the former Harrisburg State Hospital campus.
Reaching eastward, S&T Bancorp to buy DNB Financial for $206M
S&T Bancorp, the holding company for S&T Bank, is buying DNB Financial Corp., the parent company of DNB First in Chester County, for $206 million in stock.
York County business owner imprisoned for wire fraud
The former part-owner of a York County construction and excavation business was sentenced in federal court on Monday after admitting to embezzling more than $100,000 from the company.
Former Hummelstown municipal complex expected to house Rubber Soul craft brewery
Dauphin County will hold a news conference today to announce new federal brownfield funding to support redevelopment. The county used a portion of its last allocation for an environmental assessment of the former Hummelstown municipal complex, which is now slated to house Rubber Soul Brewing.
Pa. casinos seek court injunction to stop iLottery games
A group of seven Pennsylvania casinos have filed a motion with Commonwealth Court to stop the Pennsylvania Lottery's iLottery games.
Community First Fund expanding executive team
Lancaster-based Community First Fund is bolstering its executive team and growing staff to prepare for greater lending growth across the communities it serves in Central Pennsylvania, the Lehigh Valley and suburban Philadelphia.
‘This can’t happen’: One year later, workers, exec reflect on Worley & Obetz collapse
It has been a year since energy company Worley & Obetz laid of its employees and closed its doors among whispers of a potential fraud.
HB Global division snaps up Montgomery County mechanical contractor
Harrisburg-based HB Global, the parent company of H.B. McClure, is growing in the Philadelphia region following a new acquisition.
