The Evansville Convention & Visitors Bureau’s board on Monday officially endorsed a planned baseball/softball complex planned for Wesselman Park and the Roberts Stadium campus.
Board member David Dunn is the chairman of Destination Evansville, the visitors bureau committee spearheading the proposed sports complex project.
Dunn said the plans for the eight-field complex have gone through some changes as a result of input gathered at public design workshops held earlier this month. T
What is your exit strategy? Whether you’re a young entrepreneur with grand ideas or a seasoned professional approaching retirement, you should have an exit strategy for your business if you want it to continue after your tenure.
If your desire is that your business continues to succeed after you step down, there are a number of options for you to consider. Here are the typical paths to handing your business reigns to another:
Sell it to an outside buyer – You might sell to another entrepreneur or perhaps undergo a merger with an existing larger firm.
Sell to employees – Perhaps you’ve built extreme loyalty with employees. Conside
Only time will tell..well the first part of the Making Home Affordable Short Sale Program was rolled out in April 2010. The HAFA program was initially thought to streamline the Short Sale Process while offering some substantial benefits to the homeowners, namely waiving the deficiency obligation to the homeowners. That benefit will eliminate most of the homeowners exposure and risk associated with completing a short sale….and that is really great news! This program will also give homeowners $3000 at Close of Escrow for Relocation Expenses. To streamline the process, the lien holder will, in advance of an offer, determine the Fair Market Value of the home. This
Jasper Alternate Fuels has become a distributor for a Michigan company that makes alternative-fuel systems for vehicles.
Based in New Hudson, Mich., Icom North America makes the JTG liquid-injection fuel system.
Just recently FICO released data showing that over 25 percent of consumers now have a credit score of 599 or below. That’s a whopping 43 million people that are considered subprime and what’s even more startling is those numbers continue to climb. < ?xml:namespace prefix = o ns = "urn:schemas-microsoft-com:office:office" />
Credit scores play such an integral role in our country’s credit system and more consumers need to be aware of how today’s financial decisions will impact tomorrow’s borrowing potential.
In FICO’s world “damage points” are applied to a consumer’s credit score rating when there is evidence of financial hardship or patterns of risky behavior. Some “damage
A Marion County, Ind. judge has dismissed a lawsuit against Evansville-based Old National Bank and California-based concert promoter Live Nation.
The Murat Temple Association, a Shriners group in Indianapolis, filed suit against Old National and Live Nation in March over naming rights to a concert venue owned by the Shriners.
The venue, formerly known as the Murat Centre, is owned by the Shriners group and leased by Live Nation. In March, the concert promoter announced that the theater was renamed Old National Centre as part of a three-year naming-rights deal.
Having health insurance available for your employees is certainly a great way to attract the right talent and retain them to avoid turnover. However, every year, it seems that health insurance costs and premiums are on the rise. How do you cope with these increases and pass off the difference to your employees without a big fuss?
Talk to Your Employees
First, be sure to share the possibility of health insurance increases with your employees. Saving the increases as a “surprise” for the next year will not cultivate goodwill. However, you will keep their respect if you sit down with them and discuss the issues.
Have an employee meeting. Tell them the situation, and ask for their input. Perhaps you could create a poll and have all employees mark their choices for dealing with the increases. Whichever way you choose, keeping them in the loop will foster much more loyalty with you and the ultimate choices you make.
Agree to Increase Co-Pay
One option you may consider to keep health premiums low is to raise the co-pay. Most insurance policies have an amount that an insured must pay at the time health care is given, usually around $20. Increasing the co-pay by $5 or $10 can help keep monthly premiums lower.
Raise Deductibles
When it comes to saving on health care premiums, raising the total deductible may be a better choice rather than cutting benefits. This means that each employee would pay more out of pocket each year IF they had larger health bills, but their monthly premiums would stay lower.
Require Employees to Pay a Larger Share of the Premium
Many small businesses agree to pay most of the health care premiums. Some pay upwards or 75% up to 100% of the monthly premiums as a benefit to their employees. However, when premiums skyrocket, it may be necessary to make employees pay a more equitable share. Splitting the cost 50/50 is reasonable and helps keep your business from going under from high insurance expenses.
Change Insurance Companies
Ultimately, if your current insurer raises health costs too much, you may need to research other alternatives. Talk to your insurance agent about other insurance company options that are more affordable.
By Brian Madigan LL.B.
A recent court case dealt with the issue of mortgage fraud. In the case of Royal Bank v. Isaacs (2010)the bank sought summary judgment of its mortgage.
However, the case was not simple and straightforward. Mrs. Isaacs had been persuaded for a fee of $6,000 to act as guarantor on a mortgage. It was only to be for a term of 6 months. There was a fellow who arranged the deal, a mortgage broker and a lawyer involved. In the end, Mrs. Isaacs got her $6,000 and was content with the transaction.
Only one little problem, the arranger, the new homeowner and the mortgage broker, all flew the coop with the mortgage money. They didn’t even make one payment. S
What should you expect when building company credit? How long should it take to obtain the financing your business needs?
There’s no cookie cutter answer to these questions because every business is different and has its own unique contributing factors. For example, a five year old business will have greater business credit opportunities than a company that just opened its doors a month ago. 
In addition, the credit needs for every business will continue to change as the business expands and requires additional funding. Th