Archive for December, 2008

Washington’s New Minimum Wage Rate Will Cause Continued Job Loss Among Vulnerable Groups

Legislators Past Effort to Index the Minimum Wage Causing Extreme Job Loss in Bad Economy
As Washington approaches yet another increase in the minimum wage rate on January 1st, the Employment Policies Institute released new data showing that last year’s hike caused increased job loss in the state, particularly among vulnerable groups. The 2009 hike [...]

4 Extraordinary Tips to Boost Your Business in 2009

New Thinking From Australia Mensa Leader Ainslie Waldron
These New Years Business Resolutions will catapult your company to new heights in 2009.
Eliminate your biggest barrier during January
Every business has at least one roadblock to their success and it’s easy to spot with this simple test for business owners: “What is the one thing that frustrates me [...]

Franklin Credit Holding Corporation Becomes Parent Company of Franklin Credit Management Corporation

HOLDING COMPANY FORM OF ORGANIZATIONAL STRUCTURE ADOPTED
Franklin Credit Holding Corporation (Pink Sheets: FCMC) (“Frankliin Holding”, and with its direct and indirect subsidiaries, “the Company”) today announced that, effective December 19, 2008, it became the parent company of Franklin Credit Management Corporation in the adoption of a holding company form of organizational structure.
This reorganization (the [...]

Resolve to Invest Wisely in 2009

As the struggling economy heads into the New Year, investors continue to be unsure of what their financial future may hold. Despite the stock market’s tumultuous rise and fall, there remain basic investment truths for making sound investment resolutions no matter what 2009 has in store.
New Year’s Investment Resolutions
1. Make sure your investment advisor does [...]

YRC Worldwide Pursues Long-Term Solution to Improve Financial Condition

Cancels Tender Offer and Evaluates Better Opportunities with its Banks
National Integration to be Complete by Early Spring 2009
YRC Worldwide Inc. announced that it is in discussions with its banking group to modify certain terms of its credit facilities that would enhance the company’s financial flexibility including changes to its leverage ratio. The company’s credit [...]

Top Ten To – Due (Diligence) List for 2009

Charitable Donor Guidelines by Strategic Philanthropy, Ltd.
The beneficiaries of philanthropic dollars are holding their collective breath to see who else among their donors will be affected by the likes of a Madoff scandal. Betsy Brill of Strategic Philanthropy, Ltd. sheds light on a critical topic in 2009 via a handy Top 10 Due Diligence [...]

PricewaterhouseCoopers Outlook: 2009 M&A Activity to be Fueled by Merger of Necessity

Financing continues to be a challenge while distressed opportunities across industries are available for interested buyers. Innovation will be key for private equity as the industry evolves in the new climate
The year 2008 was a challenging period for dealmakers. Mergers and acquisitions (M&A) in the United States (U.S.) were hampered by an ever dwindling [...]

CFOs See Sweeping Business Cuts to Continue Into 2009

Nearly 40% of Respondents Expect Further Layoffs in the New Year
More Than 1/3 Have Plans to Reduce Bonuses Firm-wide
As CFOs of American companies reflect on the past year and look toward 2009, they reveal their confidence in the nation’s economy and their own businesses is alarmingly low, and also acknowledge the increased responsibility and pressures [...]

Six Online Marketing Strategies for Small and Medium Sized Enterprises in 2009

Tootoomart.com Releases Six Strategies for Small and Medium Sized Enterprises to Change the Situation of Their Online Marketing
As everyone knows, China’s economy has been badly impacted by the international financial tsunami. The enterprises dependent on overseas markets are bearing the brunt of the crisis, especially those small and medium sized export-oriented businesses located in [...]

Restaurant Industry Expected to Post Modest Sales Growth in 2009 as it Copes with the Weakest Economy in Decades

National Restaurant Association’s 2009 Restaurant Industry Forecast reveals economic, workforce, consumer and menu trends for the coming year
Restaurant industry sales are expected to reach $566 billion in 2009, with the industry employing 13 million individuals in 945,000 restaurant-and-foodservice outlets nationwide, according to the National Restaurant Association’s 2009 Restaurant Industry Forecast released today. The Forecast [...]