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The economy is giving off mixed signals these days. Oil prices are easing and gross domestic product numbers have been stronger than expected during the first half of the year. The dollar is gaining ground and consumer confidence got a boost.
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Brightly colored decorated “parking” meters will soon be seen around Colorado Springs. The new meters aren’t some creative marketing plan to make paying for parking more enticing — they are part of a new program to help the homeless. Five meters are already decorated and are presently on display at City Hall.
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As chief of the Colorado State Patrol and a motorcycle rider for the past 14 years, I know there is nothing like the freedom and exhilaration of riding a motorcycle in our beautiful state. But with that freedom comes responsibility and certainly some danger.
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The kids are back in school, summer vacations are a fading memory and the fall elections are moving ever closer. For a moment, let’s turn our attention to tax planning. I know, it’s not December and you have other things to do. Humor me. You could reduce your taxes and will certainly reduce surprises at filing time.
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It’s hard to imagine anyone in Colorado touting rookie Gov. Bill Ritter as vice presidential timber. Yet 2,000 miles away, locked in the surrealism of the Beltway, Washington Post columnist Michael Gerson has done just that. Oblivious to Ritter’s indecisiveness on fulfilling major campaign promises, Gerson thinks Ritter stands out because he is “authentically pro-life.” Come again?
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Businesses — both large and small — are sitting atop a potential time bomb by failing to bring their records management programs into compliance with recent rules governing the discovery of electronically stored information, commonly known as ESI. That’s the disturbing conclusion reached in two new reports issued by the Institute for the Advancement of the American Legal System at the University of Denver.
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If approved, a pending initiative on this November’s city ballot could impact the residents of our community much more than you may realize. I’d like to provide our customers with more facts about the potential consequences of this initiative before you decide.
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Business cannot thrive on cost cutting alone. At some point you have to sell more products or services to grow. Finding new ways to increase sales, enter new markets or grow sales without adding staff can be a challenge to middle market companies. Growth can be capital intensive and it takes time to fully realize a return on that investment.
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Looking at the business headlines is enough to scare anyone into squirreling away any money they have under the nearest mattress. I’m talking about scary headlines like the following: • America Bears the Recession • Real Estate Bubbles Over • Airline Industry Crashes • CEOs Trade Watches for Handcuffs With all of this gloomy news, it’s pretty hard to summon the courage to invest in the stock market.
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Spring has already passed, so you might have lost the urge to do any sort of “spring cleaning.” Or maybe you’re in the mood to get files and paperwork organized and purged, but aren’t sure about what you can get rid of.
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Middle market companies often struggle with growing and developing a strong leadership team that is ready to face the challenges that come with each stage of a company’s development. Too often, the founder and visionary of the company reaches a point where he or she is no longer effective. Often the next step is for the board is to intervene and hire a new CEO, which can leave the founder wondering what went wrong.
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Well the first half of 2008 wasn’t exactly stellar for the stock market. The U.S. stock market was down by 10.9 percent as measured by the Vanguard Total U.S. Stock Index Fund (VTSMX), while the international stock market was down 10.2 percent as measured by the Vanguard FTSE All World Ex U.S. Index Fund (VEU).
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