There is a tremendous amount of space between the official mission statement and what NASA did leading up what took place in 1969. The gap is a competitive advantage that has stood for the last 39 years.
You're at your desk at 8 a.m. every morning, you wouldn't think of pocketing even one paper clip, and you haven't worn flip-flops to work since you were a lifeguard, but there's more to getting that promotion than reading the employee manual and hitting deadlines. There are some mistakes that can put you on the manager's hit list the next time layoffs roll around, so let's see what they are:
Emotions can run high at the death of a family member. If a family member is unhappy with the amount received (or didn't receive) under a will, he or she may contest the will.
A lot has changed since you were a kid. Retirement has changed as well. The way you picture yourself in retirement is probably quite different from your parents' retirement. It is no longer about a few years of rest and relaxation. It is about pursuing your lifelong dreams, or discovering new ones.
As climbing energy and other underlying costs continue to erode the profit margins of many small businesses, owners are again considering whether they should raise prices. If you raise prices, you risk losing clients to competitors. If you don't, rising costs can capsize your company.
Just over four years ago, I wrote a column on leaders and leadership entitled, "14 Traits of Successful Leaders."
You are a civic-minded person. You live here, you work here and perhaps you own a business here. You want to help make Santa Clarita a better place to live. So, when the opportunity to serve on a city commission, committee or advisory board comes along, you volunteer your talent and your precious time, all with the best of intentions.
With the current economic problems and energy costs Americans are faced with currently and for the immediate future, it is making it harder than ever to make or continue retirement planning contributions.
This is the final part in a two- part series about being audited by the IRS. Last week, I presented information regarding your chances of being audited. For certain taxpayers, the odds are not getting better for you. So what can one do to reduce their chances of being audited?
For many people working in a business, days are filled with activity. At the end of each day, however, it might be difficult to remember what, if anything was actually achieved.
How did Newhall Land and Farming Company - the renowned, 125-year-old California real estate owner - end up in a bankruptcy court in Delaware? In 2004, nationwide homebuilders Lennar and Lennar Property Corp. acquired it, then merged with some other major real estate concerns to form a business complex under the parentage of an entity called LandSource Communities, LLC, a limited liability company established under Delaware law.
Market volatility is a fact of life. Stock prices fluctuate from day to day, and markets move up and down over time along with the economy and business cycle. As a student of Jeremy Siegel of the School of Wharton, University of Pennsylvania, over time the market will return 8 to 9 percent over the cost of living.
This is the first part in a two-part series about being audited by the IRS. I have had several of my tax clients call me recently, with fear and trembling, to tell me that they have received that dreaded notice from the IRS that their income tax return was being audited. I tried to tell them that this wasn't the end of the world and that they should come out of this OK. Well, there ...
Reading an article some time back I came across a philosophy of life. I don't remember who wrote the article and I am sure I can't remember all the parts of it, but one portion surfaced last Saturday. It was, "Whenever there is a lemonade stand, stop and buy some from the proprietor. That child is going to be running his or her own business some day and they need to be encouraged."
In last week's column, we talked about beating the recession by creating your own business from home.
Is your business prepared for a disaster? While it is not something any of us like to think about, businesses should have a disaster plan in place.
Most people understand the basic economic principle of supply and demand and incorporate it into their daily decisions. They may not do it consciously, but economic decisions are made every day by each and every one of us.
Last week I provided the Pyramid of Business Success, a nine layered structure. Layer seven was the Growth Plan.
The recent rise of pending home sales to the highest level in nearly four years supports experts who believe California's home resale market will achieve full bloom this spring.
I've long admired Coach John Wooden's "Pyramid of Success." In business, whatever blueprint, instructional manual or paint by number kit being used before the enterprise launches is quickly tossed aside once the doors open. After that, it becomes a freelance-thing or a free for all, for those lacking mentors, a Sherpa or the time to figure it out.
Once again we are upon the season of forecasts. A quick perusal of any investment website will turn up some very rosy and optimistic forecasts for the coming year and a least a few doom and gloom predictions.
One challenge of being a business owner or holding a position of leadership is keeping motivated.
January is typically a dormant time of year for the residential real estate market in the Santa Clarita Valley, yet this market recovery is so unusual that no one was surprised when statistics showed January posted the highest sales total for the month in six years.
Real estate development during the Great Recession has proven to be a very challenging endeavor. Even seasoned professionals have found themselves struggling to service debt on projects that are producing monthly net negative cash flows.
Last week I wrote about the 2012 Gallup Poll where only 21 percent of U.S. adults rated business executives with high or very high in honesty and ethics.
In the course of working with business owners and leaders, I have observed that the organizations that are the most successful over the long run are the ones that have a strong focus.