Goodbye to Haggen grocery stores
Wikipedia states that strategic bankruptcy occurs when an otherwise solvent company makes use of the bankruptcy laws for a specific business purpose. An example of this was in 2002 when Kmart filed a Chapter 11 bankruptcy. Kmart had a severe cash flow problem because it was locked into long-term leases at premium rates with respect Read More →
Try alternative commute during Ride Week
This year the Ventura County Transportation Commission and the Ventura County Air Pollution Control District are sponsoring Ride Week, Oct. 5-9. Ride Week is an opportunity for everyone to try out an alternative commute such as biking, walking, carpooling, vanpooling or riding a bus or train and win prizes for their efforts. Ventura County drivers Read More →
VW’s actions smack of ethical blindness
Are profits and corporate values treated equally? Did Volkswagen compromise its core values? On its website the stated strategy that drives the company’s actions is: “We see high customer satisfaction as one of the key requirements for the company’s long-term success.” That would be a “yes” to the core values question. VW did emphasize profits Read More →
Volkswagen scandal may be end for diesel
Clean diesel, like clean coal, might just be headed for the scrap heap of environmental history. Volkswagen’s stunning revelation that it cheated air pollution control rules in order to get better performance and better mileage from 11 million vehicles has sent its stock price plunging. It faces perhaps as much as $37,000 per vehicle or Read More →
FICO score can make a big difference
For most small businesses, the toughest aspect of running the operation is managing cash flow. Most small businesses depend on timely payments from their clients to pay their own bills. However, in difficult times such as these, clients often stretch payment of their invoices to 60 days or longer. In order to be able to Read More →
