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Finding The Right Interior Designer
If you have made the decision to hire an interior designer for your next project, congratulations! You recognize that the right professional can create a space as beautiful as it is functional, based on your personal style, which you will enjoy for years. And, a professional will do so efficiently and within your budget, with resources – vendors, drafting software (CAD), liability insurance, etc – to which you probably do not have access. The skill and education a designer can contribute is of value, and if you recognize that, you are well on your way to a successful project!
Homage to Harry
Harry Caray, one of the most highly recognized and beloved play-by-play announcers is best remembered for his tradition of singing “Take Me Out To The Ball Game” during the 7th inning stretch and for his famous exclamations: “It might be, it could be, it is! A home run!” and “Holy cow!”
Structuring Multiple Real Estate Investments
Generally, each real estate investment should be owned by a separate entity. If multiple properties are owned in one entity, a financial problem for one property—such as judgments by vendors or by trip-and-fall plaintiffs—will affect all properties. Think of this strategy as not putting all your eggs in one basket. If each property is in a separate entity, only the troubled property will be at risk and only its owner will be liable. Furthermore, many lenders will require that the borrowing entity own only the property which secures the loan.
Successful Businesses Take the First Step
There is no perfect time to make a change. There is no perfect time to start a business. There is also no perfect time to write your first blog post. However, it is always the right time to take your first step towards achieving one of these goals (or anything else you’ve been meaning to […]
What Is The Difference Between Dry and Wet Aged Steak??
In my blog post last week, I introduced you to Steak Week at Harry Caray's taking place May 16th through 19th. During that week we will be featuring a different side-by-side steak comparison and wine pairing along with steak and wine tasting notes describing the characteristics of the two different steak options and explaining how the qualities of meat influence the choice of wine.
Think You Know Steak? Put Your Palate To The Test!
When faced with the vast array of steak choices in restaurants and upscale grocery stores, do find yourself wondering: Is Prime really better than Choice? What’s the difference between Grain-Fed and Grass-Fed? Bison or Beef? Dry Aged or Wet Aged? What wine should I choose for which steak?
Do You Have A Bank Or A Banker?
In today’s challenging business environment, everyone is looking for the best price around to save a buck. Whether you’re buying detergent at the grocery store or shopping around for a brand new car, the goal is to get the best deal possible. The same concept should apply to your banking relationship. However, when providing a service, there are the tangible considerations, such as fees. But there are the intangible considerations as well, or the value that comes with having a true relationship.
Eating Made Easy
Fifty years ago the profitability of a restaurant was measured in the most simplistic means; how many tables do you have and often can you turn your tables, or its capacity. Restaurants that were consistently occupied flourished while restaurants that consistently had open seats struggled. The formula for success remained unchanged until about 20 years […]
Cover-ups and Whistleblowers. Oh, My!
The Sarbanes-Oxley Act of 2002 was enacted on July 30, 2002, less than one year after the first announcement of problems at Enron.
The Act applies to “Issuers”, namely publicly-traded companies, as defined in the SEC Act of 1934. However, the Act includes two provisions that are applicable to all corporate entities, including not-for-profit organizations: document retention and destruction and whistleblower protection.
That Sinking Feeling
The restaurant industry is truly unique in that employees are more often than not bringing home most of their earnings as cash at the end of each work day. Of course, along with this comes a little bit of complexity when calculating payroll taxes on these wages.
When an employee’s net wages from their hourly salary are not enough to cover the withholdings on the taxes paid on their cash tips, this is known as a shortfall. And if not tracked properly, can lead to a big problem and leave you with more than a sinking feeling.