Tuesday, August 31, 2010
Liquor Permit Auction coming soon!
Permit Auction - The 2010 ATC permit auction is scheduled for October 21, 2010. The list of available permits and bidder registration will be posted on its site in early September.
Check out Community Colleges Offer a Wealth of Programs to Help New Entrepreneurs
The Old College Try
By Laura Lorber
Wall Street Journal, WSJ.com
A flood of new entrepreneurs find it often pays to go back to school.
Jordan Holt needed a business plan. So he went back to school.
A technician for a military contractor in Yuma, Ariz., Mr. Holt launched a side business last year, servicing and repairing generators - and quickly realized he would need to write up a formal plan if he ever wanted to borrow money for equipment. But after doing some online research, putting together a plan "looked complicated and overwhelming," he says.
He decided to get help he needed from a business-plan development course at Arizona Western College in Yuma. "I was able to take everything in my head and put it down on paper," says Mr. Holt, a 29-year-old-ex-Marine. "I truly think it could work."
As more newcomers like Mr. Holt take up entrepreneurship, community colleges are helping them along by offering more courses that teach ins and outs of running a company. Along with classes on preparing plans and judging the feasibility of a business, schools offer training in everything from management to marketing. Many colleges also offer business incubators and networking events, where students can rub shoulders with local owners.
To read the full article... click here.
By Laura Lorber
Wall Street Journal, WSJ.com
A flood of new entrepreneurs find it often pays to go back to school.
Jordan Holt needed a business plan. So he went back to school.
A technician for a military contractor in Yuma, Ariz., Mr. Holt launched a side business last year, servicing and repairing generators - and quickly realized he would need to write up a formal plan if he ever wanted to borrow money for equipment. But after doing some online research, putting together a plan "looked complicated and overwhelming," he says.
He decided to get help he needed from a business-plan development course at Arizona Western College in Yuma. "I was able to take everything in my head and put it down on paper," says Mr. Holt, a 29-year-old-ex-Marine. "I truly think it could work."
As more newcomers like Mr. Holt take up entrepreneurship, community colleges are helping them along by offering more courses that teach ins and outs of running a company. Along with classes on preparing plans and judging the feasibility of a business, schools offer training in everything from management to marketing. Many colleges also offer business incubators and networking events, where students can rub shoulders with local owners.
To read the full article... click here.
Saturday, August 14, 2010
Check out The New Abnormal - BusinessWeek
BusinessSherpa: "Great Article!!!!!! Love the term The New Abnormal."
The New Abnormal
By Devin Leonard
Business Week
In March, Ralph Ronzio went to a warehouse in a seedy part of Orange County, Calif., and watched a guy auction off his condo for half what he'd paid for it. Ronzio had bought the place for $329,000 in 2005, when he moved to Southern California from Rhode Island to take a job at a data-storage company. It was the first place he'd ever owned. "It was totally my bachelor pad," he says. "Not much inside other than the usual leather couch and the big screen TV. My fiancée made me sell the couch."
That wasn't the only thing that changed when Ronzio got engaged. His fiancée had two young children, and there wasn't enough room in the condo for all four of them. So last year, Ronzio bought a house nine miles away and they all moved in. He figured he could rent the condo and cover his costs. He figured wrong.
The more he thought about the money he was losing, the more it stressed him out. Finally, Ronzio enlisted the help of a firm called You Walk Away and did exactly that from the remaining $319,000 on his condo mortgage. When the bank foreclosed, he says he felt an enormous sense of relief. He also had more cash. He and his fiancée took the kids to Disneyland. Ronzio, 31, gave himself a treat as well. "I bought myself an iPad," he says.
It used to be that someone like Ralph Ronzio could be fairly certain of the outcome when spending a few hundred thousand dollars on real estate. Housing prices were headed in only one direction. You could surf the boom and borrow against your home equity to pay for all manner of splurges—a vacation, a flat-screen TV, the latest Apple gadget. It may have looked like a lot of debt on paper, but considering that housing prices nearly doubled from 1999 to 2006, there was always an escape hatch: Sell your house and make enough money to pay it all back.
That was the old normal. Last year, Mohamed El-Erian, CEO of PIMCO, the influential bond shop, declared a "new normal," a global realignment in which the U.S. consumer, no longer a hungry monster, became cautious and subdued.
The current circumstances might be better described as the new abnormal, in which no one knows anything.
To read the full article… click here.
The New Abnormal
By Devin Leonard
Business Week
In March, Ralph Ronzio went to a warehouse in a seedy part of Orange County, Calif., and watched a guy auction off his condo for half what he'd paid for it. Ronzio had bought the place for $329,000 in 2005, when he moved to Southern California from Rhode Island to take a job at a data-storage company. It was the first place he'd ever owned. "It was totally my bachelor pad," he says. "Not much inside other than the usual leather couch and the big screen TV. My fiancée made me sell the couch."
That wasn't the only thing that changed when Ronzio got engaged. His fiancée had two young children, and there wasn't enough room in the condo for all four of them. So last year, Ronzio bought a house nine miles away and they all moved in. He figured he could rent the condo and cover his costs. He figured wrong.
The more he thought about the money he was losing, the more it stressed him out. Finally, Ronzio enlisted the help of a firm called You Walk Away and did exactly that from the remaining $319,000 on his condo mortgage. When the bank foreclosed, he says he felt an enormous sense of relief. He also had more cash. He and his fiancée took the kids to Disneyland. Ronzio, 31, gave himself a treat as well. "I bought myself an iPad," he says.
It used to be that someone like Ralph Ronzio could be fairly certain of the outcome when spending a few hundred thousand dollars on real estate. Housing prices were headed in only one direction. You could surf the boom and borrow against your home equity to pay for all manner of splurges—a vacation, a flat-screen TV, the latest Apple gadget. It may have looked like a lot of debt on paper, but considering that housing prices nearly doubled from 1999 to 2006, there was always an escape hatch: Sell your house and make enough money to pay it all back.
That was the old normal. Last year, Mohamed El-Erian, CEO of PIMCO, the influential bond shop, declared a "new normal," a global realignment in which the U.S. consumer, no longer a hungry monster, became cautious and subdued.
The current circumstances might be better described as the new abnormal, in which no one knows anything.
To read the full article… click here.
Tuesday, August 3, 2010
Let's discuss economic "recovery" for local small businesses...
By the local Business Sherpa himself, Larry Battershell.
The longer I talk to small business owners around the Indianapolis area and listen to endless tales of woe, the more convinced I am that the much touted economic "recovery" is not either U shaped or W shaped but more of a descending staircase--down a few steps-plateau, down a few more steps--plateau,etc....guess its better than a fast plunge on free falling elevator....... I will keep looking for the "green shoots".
The longer I talk to small business owners around the Indianapolis area and listen to endless tales of woe, the more convinced I am that the much touted economic "recovery" is not either U shaped or W shaped but more of a descending staircase--down a few steps-plateau, down a few more steps--plateau,etc....guess its better than a fast plunge on free falling elevator....... I will keep looking for the "green shoots".
Check out my Spotlight of Businesses for Sale!
To view click the image...
If any of the businesses shown here interest you... contact me.
Click here to email the Business Sherpa.
Check out... Media That Inspires: Temple Grandin
Media That Inspires: Temple Grandin
By: Jenny Inglee, July 2010
"Media That Inspires" is an ongoing conversation at TakePart that recognizes the power that films, books, and other media have to compel change and prompt action. TakePart is asking people who make a difference every day about the works that have inspired them.
Temple Grandin may very well be the most accomplished person with autism in the world.
A renowned animal scientist and best-selling author, Grandin has changed the way people think about animal behavior and has transformed public perception of the autistic mind.
Her autism, Grandin believes, is what helps her see things as animals do. And because of that insight, many cows and pigs in the U.S. are given a better quality of life and a more humane slaughter.
When interviewed about the media that inspires her, Grandin explained that she thinks in pictures. “Being autistic," she says, "I have to troll through the Internet in my mind. It’s sort of like surfing on the computer.”
To read the full article... click here.
By: Jenny Inglee, July 2010
"Media That Inspires" is an ongoing conversation at TakePart that recognizes the power that films, books, and other media have to compel change and prompt action. TakePart is asking people who make a difference every day about the works that have inspired them.
Temple Grandin may very well be the most accomplished person with autism in the world.
A renowned animal scientist and best-selling author, Grandin has changed the way people think about animal behavior and has transformed public perception of the autistic mind.
Her autism, Grandin believes, is what helps her see things as animals do. And because of that insight, many cows and pigs in the U.S. are given a better quality of life and a more humane slaughter.
When interviewed about the media that inspires her, Grandin explained that she thinks in pictures. “Being autistic," she says, "I have to troll through the Internet in my mind. It’s sort of like surfing on the computer.”
To read the full article... click here.
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Son Isaac on Camel in Tangiers
