You might not have noticed, given the media’s fascination with the presidential campaign, but there are 435 U.S. House contests and 35 U.S. Senate races taking place this year.
These are important elections, for even more reasons than you might be hearing about. Indeed, unless I miss my guess, the candidates and press in those many contests are barely talking about one of the most important issues we face: the role of Congress itself. Continue Reading Look for candidates who respect the Congress
Managing a business, small or large, often leaves little time to keep track of national, regional or local economic indicators that might affect your industry and your company.
However, there are a lot of things, such as interest rates, inflation, gross national product, stock prices and consumer confidence that have a direct impact on the profitability of your business and your relationships with vendors, customers and employees. Continue Reading Tough economy calls for tough business
Purchasing commercial real estate or an existing business poses many challenges. The prudent buyer of either will usually allow time to undertake adequate due diligence to determine if the business or property is likely to provide the opportunities the buyer envisions and has any risks that the buyer should consider in determining whether to proceed with the acquisition. Continue Reading Environmental due diligence in real estate and businessContinue reading …
The question of ethics is often left out of the business discussion. Yet, as we learned, thanks to Enron, Quest and ImClone, they can have a profound impact on business beyond the offending companies.
Consider the Sarbanes Oxley legislation.
One might assume that when the economy slows, people are more likely to cross ethical lines in business. But that might not be the case. Continue Reading Crossing the ethical line
Reading the market headlines lately is enough to turn us all into nail-biters.
“World stocks plunge” and “It’s another horrible day” are pretty representative of the doom and gloom these days. What is the average investor to do in the face of all this stomach-dropping, scary news?
Let’s start by looking at the facts, in both the short-term and the long-term. Continue Reading The world stock market plunge and what to do about it
Even with capital gains rates at historical lows, taxpayers always seem to want to defer the payment of tax.
Many real estate investors use the strategy of a 1031 Exchange to accomplish this deferral if they are going to continue their investment in real estate. But the recent presidential debates have raised questions about the future of these capital gain rates. Continue Reading To exchange or not to exchange? — that is the question