Could you name a company of any type that has operating profits of 70 percent of revenue? Or even 45 percent or 35 percent? These are the kinds of projections that entrepreneurs repeatedly present to angel groups and venture conferences,…
It is assumed that businesspeople not only understand what a “business model” is, but that they also know how to identify, assess and create one. Sounds simple, right? Think again. The term means many different things to different people. Recently…
Born in Tacoma, Wash., self-described Army brat Felix Torres grew up in a number of locations, primarily Pemberton, N.J. After graduating from Harvard as a history major and doing post-graduate studies in urban affairs at MIT, he served in various…
Come fly with me At last month’s Nackey Loeb Awards dinner, Union Leader publisher Joe McQuaid took a moment to thank David Fink and Timothy Mellon of Guilford Transportation - owner of Pan Am Airlines — for supplying the plane…
It’s November, the end of the year is soon upon us. My partner and I will be sitting down to budget/forecast 2005. Norton Asset Management Inc. is a small firm (10 full time employees). We have three areas of business:…
Several days after last month’s column on insurance producer compensation was published, the National Association of Insurance Commissioners (NAIC) issued its first draft of a model broker compensation disclosure law. I was pleased to see that the NAIC rejected the…
Gov.-elect John Lynch continues to shape his upcoming administration. While the ceremonial aspects of planning the inauguration are fun and full of adrenaline, the real business of government became apparent as department heads presented their proposed budgets to legislative committees…
I had never seen the polls so crowded. As I gave my name to get a ballot, I noticed two strange-looking women with clipboards hovering over the table. They didn’t look like they belonged, and they were obviously paying attention.…
In November the five-member Executive Council voted 3-2 to confirm Michael Harrington, a Republican state representative from Barrington, as a member of the Public Utilities Commission. Harrington will fill out the term of former PUC Commissioner Susan Geiger, who resigned…
To the editor: U.S. companies have gained a year’s grace before they need to change from a period of 75 days to 60 to report annual results. Big deal. It’s about time we got something back from Sarbanes-Oxley Rule 404,…
