It is no secret that the high cost of fuel is affecting consumers, but middle market companies are no less immune to the impact of higher energy costs. There has been a push for several years to become greener by reducing the amount of energy businesses consume. The spike in energy costs has accelerated that process. Now it is both socially and economically advantageous to become more energy efficient at the office.
Nearly two years ago, I was reading the local papers and came across a couple advertisements. One offered to lend me money at a rate just shy of 3.16 percent, while the other offered to pay me 7.12 percent for investing my money. The old saying “what looks too good to be true probably is” immediately came to mind. And after investigating the advertisements, it turned out they were both quite deceptive.
With all the crazy lawsuits that we hear about these days, have you ever wondered whether you have done all that you possibly can to protect the assets that you have accumulated? That is when it is time to consider asset protection planning, which is the implementation of legal techniques to protect the assets of individuals and business entities from civil money judgments.
In challenging and divided times, it is imperative to find consensus-builders. Americans want results from Washington on the important issues before the country. Making progress on these issues means hammering out solutions that can command broad support, and we need the politicians who can do it.
Continuing a long-term trend, race discrimination claims were the most frequently filed charge with the Equal Employment Opportunity Commission during fiscal year 2007. “Corporate America needs to do a better job of proactively preventing discrimination and addressing complaints promptly and effective,” EEOC Chairwoman Naomi C. Earp said in releasing the agency’s 2007 job bias charge statistics.
Many of us are tired of hearing that the economy is heading into a recession. The trouble is that businesses can either make good strategic decisions and grow through tough times or risk becoming a victim of the down economy. An important exercise in any type of an economy is to study your business and separate your activities into two categories — core and other. Then decide if any of the non-core activities make sense to outsource.
Conventional wisdom states that index funds do very well in an up stock market but stumble during a bear market. The logic goes that an active manager will be able to see the signs of a downturn in the stock market and know when to get defensive. An index fund, on the other hand, will just stay in the stock market and rack up those losses. I think we can all agree that we are currently in a down market, so let’s examine how the index funds did versus their actively managed peers.
Are you an entrepreneur or a technician? Most business owners are viewed as entrepreneurs because they have the risk tolerance, vision and wherewithal to start or buy their own businesses. However, once the initial decision to own and run a business has been made, most business owners spend less time operating as entrepreneurs and more time working as technicians. To explain this in a bit more detail, let’s look at a typical employee structure that exists in successful businesses.
We’re fortunate to be in a city that is a wonderful place to live, work and do business. Colorado Springs has been rated as the best place to live in the United States by Money magazine and among the top 25 cities for business by Forbes. Access to a dependable supply of water is critical to ensure that it stays that way. We need the Southern Delivery System to provide water for our future.
During the last 20 years, there have been two major real estate meltdowns involving easy money for questionable real estate deals. The first was the RTC/FDIC debacle during the late 1980s and early 1990s, and the second, of course, is the current home mortgage meltdown. Without belaboring in detail the similarities and differences between the two, each episode contains the following elements: (1) vast amounts of capital (far exceeding the market demand) flowing into the real estate market,
It seems to me that investment bubbles are happening faster than ever. And the impact when these bubbles burst seems to be getting worse and worse. We are very early into the new century and we’ve already seen three investment bubbles pop, destroying massive amounts of wealth. <strong>The Tech Bubble:</strong> Just as the new century was beginning, we seemed to be worried more about Y2K than about the rationale of the new age economy.
“I’m from the government and I’m here to help” is an old punch line that always generates a laugh. But it is no laughing matter when the annual cost of complying with federal government mandates has grown to more than $1.1 trillion. That means the per household cost of complying with regulations now exceeds that of health insurance.