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Congrats to all my accountant friends kicking off a long weekend. I’ve been wondering though…
When will we implement staggered due dates, like many motor vehicle departments have implemented for registration renewals?
Congrats to our very own Josh Sauerwein on his acceptance to the doctor of business administration (DBA) program at Anderson University!
A brief article in the Denver Post highlights a fraudulent appraisal scheme. Coincidentally, a business owner recently contacted me about a situation just like the scheme described in the Post. An out-of-state broker contacted the business owner saying that he could sell the owner’s business, but first the owner had to pay for an appraisal. Fortunately, the business owner was smart enough to get a free second opinion before heading down that path.
Are you working today?
The following Columbus quote is fitting for those starting a business venture.
“If the winds are favorable the distance is traveled quickly; but no one must start without being sure of the weather, and this assurance can be obtained by observing the sky, and finding out that this is very clear and that the wind comes from the side of the northern star, and blows for some days always in the same direction.”
- Christopher Columbus to King Ferdinand and Queen Isabella of Spain, February 6, 1502 from William Eleroy Curtis [introduction], The Authentic Letters of Columbus (Chicago: Field Columbian Museum, May 1895), I, no. 2:125.
To paraphrase, preparation (due diligence) is the key to success!
Our little corner of the country has been surprisingly popular with the President.
Obama Returns to Elkhart as Free Fall Slows in Indiana Economy
While many officials want to put a positive spin on things (the alternative is just too depressing), the local economy seems more like one of those cartoon characters hanging from a cliff!
We may have caught a little break, but it doesn’t necessarily mean the worst is over. My biggest concern is that we’re headed for round two once unemployment extensions run out.
Anecdotal evidence suggests jobs are still incredibly difficult to find, even for strong applicants. Others are simply abandoning ship and leaving the area. If unemployment benefits are the only thing keeping folks in their homes, the housing market may have another blow to absorb.
On the other hand, this summer has been surprisingly busy here. So, enough of the navel-gazing and back to work on a valuation report…
