Archive for: November, 2018

Why early to rise really can make you wealthy and wise

If you don’t mind a personal question, tell me: What time do you wake up? Are you early to rise, eager to get more done before 9 a.m. than most people do all day? Or do you prefer to ease into mornings, repeatedly whacking the snooze button as if you were chopping wood? Personally speaking, […]

Tax collections reflect increasing sales activity

Tax collections continue to increase in the Grand Valley, an indication of growing sales activity. The City of Grand Junction reported a 2.9 percent increase in sales tax collections in October compared to the same month last year. Mesa County reported a 5.3 percent year-over-year gain. Lodging tax collections, a key indicator of local hotel […]

Leading index forecasts growth, but at a slowing pace

An index forecasting economic conditions in the United States continues to signal growth, but at a slowing pace. The Conference Board reported its Leading Economic Index (LEI) edged up a tenth of a percent to 112.1 in October. Separate measures of current conditions and past conditions also increased. “The index still points to robust economic […]

Consumer Confidence Index retreats

A monthly measure of consumer confidence has retreated on less upbeat expectations for business and labor conditions. While the Consumer Confidence Index remains at historically strong levels, lower readings could signal slowing growth. The Conference Board reported its Consumer Confidence Index fell 2.2 points to 135.7 in November. While a component of the index tracking […]

Avoid common mistakes with defined contribution employee retirement plans

Many employers offer retirement benefits, including 401k defined contribution plans. It’s important employers know their fiduciary duties and the implications that can occur if a plan isn’t properly administered. If a plan isn’t administered according to Division of Labor and Internal Revenue Service guidelines or internal plan documents, your plan could be at risk. Employers […]

In a confrontation, dialogue better than flight or fight

When a highly charged, intense exchange occurs, many recoil and try to avoid conflict. Some get their hackles up. Still others go along to get along. Research identifies three mechanisms that are frequently deployed in conflict: flight, fight or give in. Isn’t there a better way to deal with conflict and polarization when it arises? […]

Where do you turn for fitness information?

There are so many ways to learn about fitness. From Facebook to gaming systems and fitness videos to personal trainers, new information becomes available on a daily basis. It’s difficult for consumers to know where to turn for the information that’s most beneficial to them given their lifestyles, health, technological skills and fitness goals. The […]

Investing in real estate? Ask questions

Real estate professionals, accountants and financial planners are often asked about holding real estate as a portion of investor assets. As an asset class, real estate has performed well over the past 90 years. But stocks and bonds have retained the edge in retirement holdings primarily because a ready market exists for the quick disposition […]

This holiday season, go small to make a big difference for businesses

Not that long ago, Americans visited locally owned small retailers to purchase holiday gifts. Business owners decorated their shops with lights and ornaments or created elaborate window displays to grab the imagination of passersby and entice them to come inside. It was a magical time of year, and many of us hold on to those […]

Teach your team members to be problem solvers

If you want your company to operate at the highest levels, your team members must be taught it’s acceptable — then continually encouraged — to think their way through situations rather than guessing at a solution or relying on you and others for answers. There’s an all-too-common tendency among business owners and managers to simply […]

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