Small Biz Columnists
WOJTOWICZ: Do homework before meeting business lender
December 19, 2011
Jean WojtowiczPrepare to talk in detail about your business, the plans you are making and the reasons for expanding before you show the
banker the facts and figures.
MoreWOJTOWICZ: Character always counts—even in loan decisions
September 23, 2011
Jean WojtowiczDuring these difficult times, small-business lenders are looking harder at intangibles—including a borrower’s
character.
MoreWOJTOWICZ: Missed tax payments could affect business loans
July 1, 2011
Jean WojtowiczProperty tax billing and collection were at their most confusing during the recession, when businesses were experiencing lost
revenue, poor projections and, in general, toughing it out as best they could.
MoreHere's a must-do checklist for personnel managers
May 25, 2009
Tom PhillipsIf you are a human resources professional, now is an excellent time for you to assess the human resource function in your
company.
MoreBlogging is no longer optional for entrepreneurs
April 27, 2009
Lorraine BallIn 2009, blogging is not optional. If you have a business, you
must have a Web site. If you have a Web site, you must have a blog!
MoreHow to innovate your way out of this recession
February 23, 2009
CJ McClanahanIt doesn't matter what industry you are in or how well you have prepared--we will all be affected by what has taken place
in the financial markets over the past several months.
MoreHave a plan to motivate and keep key employees
December 29, 2008
Eric ManterfieldThe success of many closely held businesses is dependent on their key employees. These employees may not be family members
and probably will never be owners of the business. Nevertheless, their efforts help increase the value of the business.
MoreTo survive lean times ahead, small businesses must plan now
November 24, 2008
David CleggSmall businesses should plan for the worst while being attuned to what is happening in their industries, and to their customers.
MoreLean companies have best chance to survive
November 24, 2008
Jean WojtowiczMake your business look as attractive as possible to your banker because you are competing for financing with other small
businesses.
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Great article Anthony. Glad IMS is finally being run like a business and not a personal check book to finance the "Vision".
Things are looking up but 15 years of scorched earth won't be fixed overnight. Unfortunately the TV ratings are still poor and that won't change anytime soon with the brilliant 10 year contract signed under the former regime.
Brett not sure why you wonder what he said in his quote. "''I would like to jump in a time machine, go back to 1995, and tell the owners and Tony George not to split,'' Franchitti said. ''As soon as my time machine is done, I know where I'm going.''"
Pretty clear, he would love to go back and tell TG and the team owners not to split.
I am not sure there is anyone who wanted the split, and I don't think there is anyone who would not like to go back and prevent the split. But, as has been discussed ad nauseum, without the split carts management by team owners would have run all of ow racing into bankruptcy. If cart had such a wonderful product, then losing IMS would not have forced it into bankruptcy. If NASCAR lost Daytona or Charlotte, it would not fail like cart did.
Truth,
So you predicted that cart would go into bankruptcy and cease to exist while Indycar would continue on? I missed that prediction.
I want to live in a city that has a garage structure to be proud of for it's innovating design!
Well written Anthony. I think the toughest thing for the Hulmans and true of any family company is that reality was getting more complex than could be handled by the family. Almost any family owned business must realize that or die. Tough decisions, but ones that had to be made.
I don't like the wall signage, but in this era of sports marketing it is almost required. Many folks cringed at advertising at Assembly Hall and Hinkle fieldhouse, but times and finances change.
Thanks also for reminding us the other blue chip sponsors IMS has picked up.
Not to mention how it would improve the view from the offices of the AUL building. Do you remember when Circle Center had a contest for the best roof design after the mall was completed? Great opportunity here...