When Wilbur and Orville Wright finished the first successful manned flight on Dec. 17, 1903, they amazed and astonished the world. They also demonstrated the power of their problem-solving method.
Taking risks is difficult, whether for an individual or a company, because it involves uncertainty.
It's the most wonderful time of the year! Chestnuts roasting, cooler weather, holiday decorations, long lines in retail stores and ... a bevy of new laws passed by the legislature for California employers.
In the initial stages of a divorce many people find it difficult to face the reality of the circumstances before them and will often ignore and try to avoid the process altogether, but doing so can have serious detrimental effects.
The month of December is winding down, but you still have time to make some tax-advantaged moves for your business before the year is up. These are a few ideas to put on your list.
* The economy might not be working for me, and it might not be working against me, so to play it safe, in 2009, I am going to be satisfied with flat revenue. We will worry about growing the top line in 2010.
Organizations are built on people. The only true long-term competitive advantage any organization has is the people employed and working inside of it.
Now that the media has announced we are "officially" in a recession, do you think anyone you know wasn't aware of it?
Myths surrounding annuities and misconceptions about them have gained a foothold with both the general public and the media. These misconceptions stem largely from a lack of information.
The average legal client in the Santa Clarita Valley is an individual or small company. Their legal needs and economic situations differ greatly from those of the corporation, insurance company, financial, governmental or other more powerful institutions that commonly are opposing the individual consumer.
Punitive damages are damages imposed to punish certain defendants for malicious conduct, fraud or other despicable conduct. In California, punitive damages have nothing to do with compensating the victim of such conduct. Instead, they are imposed, in addition to compensatory damages, to punish the defendant for egregious or despicable wrongdoing.
If you haven't owned a primary residence for three years or more, you need to read this.
Avoiding probate is one of the major reasons (and often the only reason) that my clients give for wanting to establish an estate plan. Most of them have heard that a Living Trust can avoid the cost and delays associated with probate and allow assets to transfer to the beneficiaries without court intervention. In most cases, if the trust is properly drafted and funded (many trusts that I review are not), this is correct.
An informal survey of business owners conducted last week provided some interesting lessons learned that might be applicable to most anyone who owns or runs a business.
The current financial crisis has owners, managers and employees worried about their companies, their jobs and their futures.
Books like "Built to Last," "The Breakthrough Company," and "Good to Great" were written to help business people improve the companies they own, lead and run.
The housing market in the Santa Clarita Valley started the New Year tentatively, yet encouraging news abounds as the traditional Spring home buying season approaches.
If you wonder why your sales people aren't more productive, aren't making enough presentations and are slow to close deals, it might not be the industry you are in, your location or the economy not cooperating.
According to the recent news release from the Bureau of Labor Statistics the US economy added 113,000 jobs in January 2014 and, "…job gains occurred in construction, manufacturing, wholesale trade, and mining…Employment in manufacturing increased in January (+21,000)…Manufacturing added an average of 7,000 jobs per month in 2013."
Years ago a major manufacturer hired a research firm to conduct a survey of the cultural climate of the company.
Under the federal Ability-to-Repay rules that went into effect Jan. 10, lenders received guidelines on the type of financial information homebuyers must provide lenders when seeking a loan.
Research suggests that employees do not leave because of the company they work for, but they quit because of their manager.
What is our fascination with forecasts? Are they really helpful and how can we use them for planning purposes?
At the end of the first month of the year, are your objectives for 2014 being met? Have the results versus your goals left a gap? Are you worried that what happened or what didn't happen in January can spread to February? Or March?
In May, 1976 I had just finished what I first thought was my junior year of college. When I put a pencil to things, I discovered I was not 12 months away from graduation, but closer to two years.
When you think of California do words like innovative, leading-edge and trendy come to mind? A place where new ideas first take root before they become woven into the very fabric of the national culture and industrial base before becoming recognized around the world as being uniquely "American". If so, you may be surprised to learn that in one area, the critical business process of selecting and hiring new employees, California is lagging behind the rest of the country.
I recently conversed with the owner of a profitable company. She was interested in addressing some issues so she could return her attention to growing the business.
Federal rules that went into effect Friday, Jan. 10, provide homeowners and consumers shopping for a home mortgage new rights and greater protection from harmful lending practices, while also probably slowing the pace of home price increases and forging a stronger, more stable housing market.