Do what you can, when you can
April 27, 2018
3:01 pm
Making the most of your short window of opportunity
Making the most of your short window of opportunity
When I look back at the lessons I have learned over the past four years as an entrepreneur, the one I value the most is
The first Ohio shale well in the Utica and Marcellus Shale formations was drilled in February 2011, and the formations have attracted some $64 billion in private sector investment since. Those looking to invest in Ohio’s shale opportunity have confidence in the state and the business environment it fosters, says Dana A. Saucier Jr., Senior Managing Director for Energy and Chemicals and Food & Agribusiness at JobsOhio.
A business is often the owner’s largest single asset of his or her net worth, which creates a strong correlation between how well an owner plans for succession and the value of the underlying asset. “The better you plan for succeeding the business, the higher the value,” says Michael Pappas, CPA, director of the accounting and assurance services department at Barnes Wendling CPAs.
When companies merge or when one company is acquired by another, it is imperative that both parties review and update their insurance coverages, says Chris Zito, president of Zito Insurance Agency, Inc.
Some area landlords are finding new and better uses for industrial buildings that don’t fit the specifications today’s manufacturers desire. To turn those properties productive again, they’re reimagining them to anchor burgeoning neighborhoods, says Cushman & Wakefield/CRESCO Real Estate’s Eliot Kijewski.
In a traditional sale of a business, owners often make a relatively straightforward transaction — they sell the entire company to a buyer, get paid and walk away. Deal terms need to be set between buyers and sellers, says McCarthy Lebit’s Michael D. Makofsky. What is discovered during those negotiations will determine if a traditional sale is optimal, or even possible.
The demand for truck drivers continues to rise. The reported national shortage of 175,000 CDL drivers expected by 2024 has been brought on by two factors. Ian Wilson, director of transportation center at Cuyahoga Community College, has the details.
The health care benefits marketplace is a hot topic these days, and for good reason. There have been a lot of industry changes in recent years, and more are on the way. For insurance agents and brokers, this has meant much more than simply needing to learn about new plans and strategies.
Whatever your business, understanding the needs of your community and being willing to shoulder your responsibilities as a corporate citizen are paramount to building successful, mutually beneficial relationships.
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