by Rebecca Tonn Published: March 13,2010
Tags: Banking and Finance
A day in the life of a typical small business owner can be hectic. Many are so busy running the day-to-day operations of their businesses that the financial aspects of the company are often overlooked. Nonetheless, the bottom line of a business won’t improve by itself. “Most small business owners are really challenged just to get their [...] [...]
by Rebecca Tonn Published: March 5,2010
Tags: Colorado PTAC, PTAC Deputy Director Ken Knapp, PTAC Director Tom Elam
Colorado’s new Procurement Technical Assistance Center, which opened in November, has had no trouble staying busy helping businesses learn how to land government contracts. The Colorado PTAC is a nonprofit 501(c)3, funded by federal, state and local grant money and in-kind support. It also partners with community colleges, universities, economic development corporations and small business development [...] [...]
by Rebecca Tonn Published: February 26,2010
Tags: passive versus active investing, Rollyn Wild Advisers Investment Management Inc.
Instead of chasing the hottest new stock or emerging market niche, investors are a smidgen more cautious, even more paranoid, these days than they were before 2007 and 2008. Two basic schools of portfolio management — active versus passive — are battling for supremacy in financial sectors. “It’s an age-old argument,” said Rollyn Wild, president of Advisers [...] [...]
by Rebecca Tonn Published: February 19,2010
Tags: Bob Book Strategic Financial Partners, variable annuity within 401(k) plan
Many baby boomers are waiting to retire. Or perhaps it’s more accurate to say that they are waiting for their income stream to allow them to retire. But after the stock market’s nerve-wracking decline during 2008, many are skittish about investing in equities. A Center for Retirement Research at Boston College study showed that aside from Social Security, [...] [...]
by Rebecca Tonn Published: February 12,2010
The economy is pondering a cumbersome recovery. Inflation is looming like lightning on a 14er at noon in July, and investors want to know what to do. Since the recession and financial crisis, many people have realized that investing and the global economy are far more volatile than they were over the past several decades. Markets [...] [...]
by Rebecca Tonn Published: February 5,2010
Tags: energy management, Sue Kiernan Centered on Success Inc.
So you want to manage your company better this year. To improve the bottom line in your business, you have to have a balanced foundation. Energy management — not to be confused with time management — is key to productivity, equilibrium and fulfillment, personally as well as professionally, said Sue Kiernan, president and founder of Centered on [...] [...]
by Rebecca Tonn Published: January 29,2010
Merger and acquisition deals are experiencing a flight to quality. Multiples of EBITDA (Earnings Before Interest, Taxes, Depreciation and Amortization) are holding steady, but volume has dropped. During the seemingly invincible days of 2007, average multiples were 6.2-times EBITDA. In 2009, multiples lowered to 5.4-times EBITDA. “That really is not that bad,” said Chris Blees, CEO and director of [...] [...]
by Rebecca Tonn Published: January 22,2010
Tags: economic forecast, Vectra Bank
For two years, I’ve had occasion to admire the ability of economists to deliver dire, dour and detrimental news, while keeping an audience not only awake, but laughing. And I was not disappointed at Vectra Bank’s Economic Forecast breakfast at Cheyenne Mountain Resort. Keynote speakers were Dr. Tom Zwirlein, professor of finance at the University of Colorado [...] [...]
by Rebecca Tonn Published: January 15,2010
Tags: Kathy Boe CEO Boecore
She’s obviously done something right. Nine years ago, Kathy Boe started Boecore in the basement of her home. Now Boecore employs more than 100 people, wins multiple awards, offers a variety of engineering services for the Department of Defense, owns BPS, a technical staffing subsidiary, and recently opened offices in Huntsville, Ala. Founder and CEO, Boe is [...] [...]
by Rebecca Tonn Published: January 8,2010
Tags: Banking and Finance
Bankers don’t steeple their fingers in glee each time they deny a loan. In fact, bankers are frustrated that they can’t make the loans they want to, said First Commercial Bank Colorado Springs Market President Jack Kerr. That’s a problem bankers will be faced with this year, he said. “Banks in El Paso County and Colorado as a [...] [...]
