WGMD Radio | Jun 29, 2011 posted by: Kelli Steele - WGMD News WGMD Radio Audio clip: Adobe Flash Player (version 9 or above) is required to play this audio clip. Download the latest version here. You also need to have JavaScript enabled in your browser. Steven Calloway, husband of late Sussex Co. paramedic Stephanie ... |
Thursday, June 30, 2011
Jun 29, 2011 posted by: Kelli Steele - WGMD News - WGMD Radio
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Tuesday, June 28, 2011
Regulators weigh a slew of factors when evaluating a bank
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As it turns out, several meana of analyzing banks arereadily available, via the Web, for anyoner willing to crunch a line item or compare spreadsheets. many of the financiapl results and other banking data available to the public are used by regulatorws to issue key ratings that determine whether a lenderd canremain operating. It’s importanr information in an era when customera ponder whether they can trust their bank to keep its doors open. Regulators primarily study whether lendersd haveenough money, haven’t issued too many loanw to risky borrowers and offer sound investmenr opportunities.
To get there, they examine such results as equity-to-assetws level, how nonperforming assets — primarily delinquent loans compare to overall and how much the lenders pour intoresidentiakl markets. While Oregon banks are a mixefd bag bythose measures, no additional ones face imminenrt failure. Still, businesses are jittery afterf Silver Falls State Bank of Silverton and Pinnacles Bank of Beaverton shuttered earlier this State TreasurerBen Westlund, worrier that more banks might collapse, acknowledged that Oregon officialzs are watching several other lenders.
“Oud banks are in excellent but as in anydifficulrt time, you might have hiccups along the trail as we did with Silverr Falls,” said Westlund. many of Silver Falls’ problems were evident four montha beforeit closed. Regulators rate banks according tothe system, which gives a one to five ratint on capital, assets, management quality, earnings, liquiditgy and the bank’s susceptibility to Information on at least four of the categories is available on , updatedf quarterly by the Federalk Financial Institutions Examination Councill (www.ffiec.gov), which issues banking regulations. Analystsa such as McAdams Wright Ragen also regularlyy report onbank ratios.
Regulators don’t release Camels ratingss publicly because public misinterpretation could causeunnecessary panic. However, much of the data they use to created the ratingsis public. That data shows that Silvet Falls’s equity-to-assets ratio of 6.15 percent, during 2008’s third quarter, fell far short of the 10 perceng figureconsidered healthy. The bank’s ratiio of nonperforming assets to total assetsmeasured 16.52 percent — 3 percentt is considered acceptable — and far exceeded that of everyu other Oregon lender.
And the bank held five timees as much money in nonperforming loanse than it kept in reservde for future troubled Many bankers say the numbers that areavailablre don’t tell the whole story. For instance, Lake Oswego-based ’sz ratio of nonperforming assets to overall assetsdis 7.88 percent. Analysts and regulators believre banks should carry ratios no higher than 3 Bob Sznewajs, West Coast’s presideng and CEO, said the bank’s other ratiosa — especially one signaling that the bank takes a conservative approach to portfolioi management — offset indicatord suggesting some weakness.
“The more information you the better conclusions youcan draw,” he noting that many of West Coast’sw nonperforming residential assets have already been writtenj down by 23 percent and are slated for sale this Bankers get nervous when non-regulators take numbers into theirt own hands. Even when looking at the same number s thatregulators study, those examinerx must analyze hundreds of ratiosw and other data, said Linda president and CEO of the . “You have to look at the wholwe picture: No one but the bank’sa primary regulator can determine, with true what the future of that bankcan hold.
” Navarro and other bank advocatez particularly disdain the Texas ratio, which essentially comparesw nonperforming loans to capital. Figures exceedinbg 50 percent could indicatee futurecredit problems, while ratioz higher than 100 percent could indicate the bank itself is in according to RBC Capital Markets, which created the held a 336 percent Texas ratiio at the end of according to figures tabulated by the Dallas Businesss Journal.
As it turns out, several meana of analyzing banks arereadily available, via the Web, for anyoner willing to crunch a line item or compare spreadsheets. many of the financiapl results and other banking data available to the public are used by regulatorws to issue key ratings that determine whether a lenderd canremain operating. It’s importanr information in an era when customera ponder whether they can trust their bank to keep its doors open. Regulators primarily study whether lendersd haveenough money, haven’t issued too many loanw to risky borrowers and offer sound investmenr opportunities.
To get there, they examine such results as equity-to-assetws level, how nonperforming assets — primarily delinquent loans compare to overall and how much the lenders pour intoresidentiakl markets. While Oregon banks are a mixefd bag bythose measures, no additional ones face imminenrt failure. Still, businesses are jittery afterf Silver Falls State Bank of Silverton and Pinnacles Bank of Beaverton shuttered earlier this State TreasurerBen Westlund, worrier that more banks might collapse, acknowledged that Oregon officialzs are watching several other lenders.
“Oud banks are in excellent but as in anydifficulrt time, you might have hiccups along the trail as we did with Silverr Falls,” said Westlund. many of Silver Falls’ problems were evident four montha beforeit closed. Regulators rate banks according tothe system, which gives a one to five ratint on capital, assets, management quality, earnings, liquiditgy and the bank’s susceptibility to Information on at least four of the categories is available on , updatedf quarterly by the Federalk Financial Institutions Examination Councill (www.ffiec.gov), which issues banking regulations. Analystsa such as McAdams Wright Ragen also regularlyy report onbank ratios.
Regulators don’t release Camels ratingss publicly because public misinterpretation could causeunnecessary panic. However, much of the data they use to created the ratingsis public. That data shows that Silvet Falls’s equity-to-assets ratio of 6.15 percent, during 2008’s third quarter, fell far short of the 10 perceng figureconsidered healthy. The bank’s ratiio of nonperforming assets to total assetsmeasured 16.52 percent — 3 percentt is considered acceptable — and far exceeded that of everyu other Oregon lender.
And the bank held five timees as much money in nonperforming loanse than it kept in reservde for future troubled Many bankers say the numbers that areavailablre don’t tell the whole story. For instance, Lake Oswego-based ’sz ratio of nonperforming assets to overall assetsdis 7.88 percent. Analysts and regulators believre banks should carry ratios no higher than 3 Bob Sznewajs, West Coast’s presideng and CEO, said the bank’s other ratiosa — especially one signaling that the bank takes a conservative approach to portfolioi management — offset indicatord suggesting some weakness.
“The more information you the better conclusions youcan draw,” he noting that many of West Coast’sw nonperforming residential assets have already been writtenj down by 23 percent and are slated for sale this Bankers get nervous when non-regulators take numbers into theirt own hands. Even when looking at the same number s thatregulators study, those examinerx must analyze hundreds of ratiosw and other data, said Linda president and CEO of the . “You have to look at the wholwe picture: No one but the bank’sa primary regulator can determine, with true what the future of that bankcan hold.
” Navarro and other bank advocatez particularly disdain the Texas ratio, which essentially comparesw nonperforming loans to capital. Figures exceedinbg 50 percent could indicatee futurecredit problems, while ratioz higher than 100 percent could indicate the bank itself is in according to RBC Capital Markets, which created the held a 336 percent Texas ratiio at the end of according to figures tabulated by the Dallas Businesss Journal.
Saturday, June 25, 2011
High Desert Pediatrics opens doors June 15 - Baltimore Business Journal:
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Located at 8650 Alameda NE., the 4,100-square-foot medical officde is the first tenant inthe two-buildinb office plaza built by Hoech Real Estate Corp. The projecrt includes two office buildings totaling morethan 42,000 square feet and a new churc for Hope Episcopal. The new clinic’s operators did their residencies at the and specialize in acutelyhill children. Hope Plaza is seekinvg a silver certification from the in its Leadership in Energy and Environmenta lDesign (LEED) program. Father-son team Don and Justij Hoech partnered with the church to develop the parcel adjacentg to La Cueva High School in the Far Northeasft Heightsof Albuquerque.
The office buildings are being offered for sale as office condominiums or can be represents half ofthe $7.5 million which was built by Enterprise High Desert Pediatrics is the lone tenanrt to date far in the project.
Located at 8650 Alameda NE., the 4,100-square-foot medical officde is the first tenant inthe two-buildinb office plaza built by Hoech Real Estate Corp. The projecrt includes two office buildings totaling morethan 42,000 square feet and a new churc for Hope Episcopal. The new clinic’s operators did their residencies at the and specialize in acutelyhill children. Hope Plaza is seekinvg a silver certification from the in its Leadership in Energy and Environmenta lDesign (LEED) program. Father-son team Don and Justij Hoech partnered with the church to develop the parcel adjacentg to La Cueva High School in the Far Northeasft Heightsof Albuquerque.
The office buildings are being offered for sale as office condominiums or can be represents half ofthe $7.5 million which was built by Enterprise High Desert Pediatrics is the lone tenanrt to date far in the project.
Thursday, June 23, 2011
Biggest Globe union rejects deal - Portland Business Journal:
sunrise-invoices.blogspot.com
“We regret having to take this action, but have no financiallyu viable alternative,” Globe management said in a statemengt issued afterthe 277-to-265 vote by members of the . To take the unliteralp step underlabor law, the Times Co. declared an impassew in negotiations. In his own statement also issue d afterthe vote, Guild local President Daniel Totte said the union is “committed to resuming good-faith negotiations with the New York Timez Company and Globe management to reach an Times and Globe management “must do he said. The cuts proposed by managemenyt were partof $20 milliohn in cost-savings demand by the Times Co. for the Globe, whichh it bought in 1993 for $1.
1 Times executives have said the paper is losinfgabout $1 million per week on operations. At one poinft earlier this year, Timeds managers said they would shutter the papedr if unable toachievr cost-savings. Other major unions agreed to concessions inrecent
“We regret having to take this action, but have no financiallyu viable alternative,” Globe management said in a statemengt issued afterthe 277-to-265 vote by members of the . To take the unliteralp step underlabor law, the Times Co. declared an impassew in negotiations. In his own statement also issue d afterthe vote, Guild local President Daniel Totte said the union is “committed to resuming good-faith negotiations with the New York Timez Company and Globe management to reach an Times and Globe management “must do he said. The cuts proposed by managemenyt were partof $20 milliohn in cost-savings demand by the Times Co. for the Globe, whichh it bought in 1993 for $1.
1 Times executives have said the paper is losinfgabout $1 million per week on operations. At one poinft earlier this year, Timeds managers said they would shutter the papedr if unable toachievr cost-savings. Other major unions agreed to concessions inrecent
Tuesday, June 21, 2011
Thibault on personnel decisions, the Charles and Fowles Appreciation Society ... - TheDay.com
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Hartford Courant | Thibault on personnel decisions, the Charles and Fowles Appreciation Society ... TheDay.com Jess is trying to make Asjha (Jones) and Tina (Charles) and DeMya (Walker) better. If I play her, I know she won't make mistakes and I know she'll play good defense and she'll rebound. And if she happens to make a couple of shots, great. ... In Second WNBA Season, Sun's Tina Charles Is One Of The Best Connecticut Sun get revenge with win against Chicago Sky: Fan's take Connecticut Sun's Tina Charles scores career-high 31 in win over Chicago Sky ... |
Saturday, June 18, 2011
FWISD favors House bill for school funding - Dallas Business Journal:
http://itabhi.com/pm.htm
House Bill 3646, if passed, will allocate $22 milliobn to Fort Worth ISD, with the school district required to spend about half of the fundint on salary hikesfor teachers, nurses, librarians and speecn therapists. The remaining $11 million will pay down the district’es deficit, the school district said in a press release While FWISD is not fully satisfiedf with the contents ofthe bill, school district leader s contend it is far better than the Senate’s version of the bill. The school districtg says the ’s substitute bill will reduces the amount of money spent on Fort Wort h ISDby $9 million and cuts the amount availablee for pay increases.
“The days and the hoursd of the 81st are tickingaway – and the issuwe of school finance still hang in the balance,” said Superintendent Melody Johnson on Tuesday. As lawmakerd contend with various bills to determine school funding they are up against a June1 deadline, which is the last day of the 81st regulart session.
House Bill 3646, if passed, will allocate $22 milliobn to Fort Worth ISD, with the school district required to spend about half of the fundint on salary hikesfor teachers, nurses, librarians and speecn therapists. The remaining $11 million will pay down the district’es deficit, the school district said in a press release While FWISD is not fully satisfiedf with the contents ofthe bill, school district leader s contend it is far better than the Senate’s version of the bill. The school districtg says the ’s substitute bill will reduces the amount of money spent on Fort Wort h ISDby $9 million and cuts the amount availablee for pay increases.
“The days and the hoursd of the 81st are tickingaway – and the issuwe of school finance still hang in the balance,” said Superintendent Melody Johnson on Tuesday. As lawmakerd contend with various bills to determine school funding they are up against a June1 deadline, which is the last day of the 81st regulart session.
Thursday, June 16, 2011
Hawker announces furloughs, building closures - Charlotte Business Journal:
http://www.qai.org/about-us.html
In a letter to all employees, Vice Presidenrt of Human Resources Rich Jiwanlap said the moves are partthe company’ s ongoing effort to “resize our company to match the continuing declinea in consumer demand.” One of the measure will be furloughs which will include both product line and plant specific requirements. The dates for the furloughz will beJune 29-July 2, Nov. 23-25 and Dec. 21-24. The letter informs employees that if vacation or earned time off is not availabld to cover these days then the furloughs willbe unpaid. Hawkeer will also be relocatingits engineering, finance and supply-chain teama back onto the company’s primary headquarters.
This will allosw it to close twobuildings “off-campus,” the letter There was no announcement regarding any furthert layoffs. The company declined to give any more information atthis time.
In a letter to all employees, Vice Presidenrt of Human Resources Rich Jiwanlap said the moves are partthe company’ s ongoing effort to “resize our company to match the continuing declinea in consumer demand.” One of the measure will be furloughs which will include both product line and plant specific requirements. The dates for the furloughz will beJune 29-July 2, Nov. 23-25 and Dec. 21-24. The letter informs employees that if vacation or earned time off is not availabld to cover these days then the furloughs willbe unpaid. Hawkeer will also be relocatingits engineering, finance and supply-chain teama back onto the company’s primary headquarters.
This will allosw it to close twobuildings “off-campus,” the letter There was no announcement regarding any furthert layoffs. The company declined to give any more information atthis time.
Tuesday, June 14, 2011
Scrushy ordered to pay $2.8B for HealthSouth fraud - Los Angeles Business from bizjournals:
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billion in damages by a civil court judge for his rolein ’s massivs accounting fraud scandal. The HealthSouth founder was deemed liable for losses incurred by some of whom sued him seeking to recover their Judge Allwin Horn announced the verdict shortly after10 a.m. Thursday. Horn’s judgment also declares Scrushy’s employment agreements with HealthSouth void. HealthSoutuh said it will receive approximately 40 percenyt of any money recoveredfrom Scrushy. Attorneys for the shareholders filedd the suit against Scrushy on behalf of HealthSouth saying he directefd the accounting scandal hadrequesteed $3.6 billion. Scrushy testified during the triall and deniedany wrongdoing.
He was brought to Jefferson Countyt for the trial from a Texasfederalp prison, where he is currently serving seven years for bribing Don Siegelman for a seat on a statre health care policy board. Scrushhy was acquitted of criminal charges in the HealthSouth fraudin 2005. HealthSouthj said it is unsure how much might be collected from according to anews release. “We are pleased to see that justicd has been served througjh this judgment and that another chapter of our past has been putbehindx us,” HealthSouth’s statement said.
billion in damages by a civil court judge for his rolein ’s massivs accounting fraud scandal. The HealthSouth founder was deemed liable for losses incurred by some of whom sued him seeking to recover their Judge Allwin Horn announced the verdict shortly after10 a.m. Thursday. Horn’s judgment also declares Scrushy’s employment agreements with HealthSouth void. HealthSoutuh said it will receive approximately 40 percenyt of any money recoveredfrom Scrushy. Attorneys for the shareholders filedd the suit against Scrushy on behalf of HealthSouth saying he directefd the accounting scandal hadrequesteed $3.6 billion. Scrushy testified during the triall and deniedany wrongdoing.
He was brought to Jefferson Countyt for the trial from a Texasfederalp prison, where he is currently serving seven years for bribing Don Siegelman for a seat on a statre health care policy board. Scrushhy was acquitted of criminal charges in the HealthSouth fraudin 2005. HealthSouthj said it is unsure how much might be collected from according to anews release. “We are pleased to see that justicd has been served througjh this judgment and that another chapter of our past has been putbehindx us,” HealthSouth’s statement said.
Sunday, June 12, 2011
BET founder
zemlyanikiyri.blogspot.com
has expanded throughout Jacksonville this year as it has opene branchesin ’s supercenters throughout Floridaq and relocated its headquarters to the state. Sincer March, the bank has grown to three brancheasin Wal-Marts in Bank executives said they also have plans to open one more brancb in another local supercentetr and then a traditional stand-alonre branch. The bank is a federa thrift, or savings-only that targets what it calls the underbanke dand unbanked. “Our philosoph is very similar to Wal-Mart in that we’res focused on value, convenience and customer satisfaction,” bank presiden and CEO Daniel Fischer said.
Urbanj Trust heavily markets higher interest rates on deposit accountsw such asa 4.3 percenr yield on a one-year certificate of The bank also targets individuals who were not in good standing with another bank or rejecter by their bank through a checking accouny called opportunity checking. The account requires less money to open than a traditionaplchecking account, has a $10 monthly fee and an ATM If the account holder remains in good standing with the bank for six month s to a year, Urba n Trust then switches it to a regular checkinvg account. “The program is very successful,” Fischer Total deposits increased about 241 percento $83.
6 million for the year to June 30, according to the The bank begahn in the early 1960s and eventually transformed into , basedx in Orlando. In mid-2006, the bank changed its name to Urbanj Trust and moved its headquartersto Washington, D.C., after regulatorw approved a change in control of the parent company, whicuh was taken over by , based in Bethesda, Md. Johnson, the foundeer of Black Entertainment Television, also foundedc The RLJ Cos. In June, the bank moved its headquartersdfrom Washington, D.C., to Lake Mary and now has 14 branchee in Florida and two in Bethesda and Landoverd Hills in Maryland.
Fischer said the bank is focused on expanding in Florida rather than Maryland because of the customer base growthat Wal-Marts here. Urban Trust signed an agreemenftwith Wal-Mart (NYSE: WMT) in January 2007. “There’s an 8,000-foot coungt that comes through here on adaily basis,” said Dwayne branch manager at the Wal-Mart Supercenter at Beachg and Southside boulevards. “We get a broad rangew of customers, from the peoplde just starting out in college tothe retirees.
” A lot of including some community banks throughout Florida, have triefd the in-store branch modelp and exited, said Bob Chassman, vice presidenr of mergers and acquisitions at local investment banker The idea is that it’s a good funding source and not as expensivd as a traditional branch, but most banke end up with a wholes bunch of little deposits and more expensed because they typically operate for longer hours, he Growing loans can also becomee difficult when at a supercenter. Fischer said the bank plan s to expand its lending abilities through acquiring an institution with a commercial bankingy platform sometime inthe future.
has expanded throughout Jacksonville this year as it has opene branchesin ’s supercenters throughout Floridaq and relocated its headquarters to the state. Sincer March, the bank has grown to three brancheasin Wal-Marts in Bank executives said they also have plans to open one more brancb in another local supercentetr and then a traditional stand-alonre branch. The bank is a federa thrift, or savings-only that targets what it calls the underbanke dand unbanked. “Our philosoph is very similar to Wal-Mart in that we’res focused on value, convenience and customer satisfaction,” bank presiden and CEO Daniel Fischer said.
Urbanj Trust heavily markets higher interest rates on deposit accountsw such asa 4.3 percenr yield on a one-year certificate of The bank also targets individuals who were not in good standing with another bank or rejecter by their bank through a checking accouny called opportunity checking. The account requires less money to open than a traditionaplchecking account, has a $10 monthly fee and an ATM If the account holder remains in good standing with the bank for six month s to a year, Urba n Trust then switches it to a regular checkinvg account. “The program is very successful,” Fischer Total deposits increased about 241 percento $83.
6 million for the year to June 30, according to the The bank begahn in the early 1960s and eventually transformed into , basedx in Orlando. In mid-2006, the bank changed its name to Urbanj Trust and moved its headquartersto Washington, D.C., after regulatorw approved a change in control of the parent company, whicuh was taken over by , based in Bethesda, Md. Johnson, the foundeer of Black Entertainment Television, also foundedc The RLJ Cos. In June, the bank moved its headquartersdfrom Washington, D.C., to Lake Mary and now has 14 branchee in Florida and two in Bethesda and Landoverd Hills in Maryland.
Fischer said the bank is focused on expanding in Florida rather than Maryland because of the customer base growthat Wal-Marts here. Urban Trust signed an agreemenftwith Wal-Mart (NYSE: WMT) in January 2007. “There’s an 8,000-foot coungt that comes through here on adaily basis,” said Dwayne branch manager at the Wal-Mart Supercenter at Beachg and Southside boulevards. “We get a broad rangew of customers, from the peoplde just starting out in college tothe retirees.
” A lot of including some community banks throughout Florida, have triefd the in-store branch modelp and exited, said Bob Chassman, vice presidenr of mergers and acquisitions at local investment banker The idea is that it’s a good funding source and not as expensivd as a traditional branch, but most banke end up with a wholes bunch of little deposits and more expensed because they typically operate for longer hours, he Growing loans can also becomee difficult when at a supercenter. Fischer said the bank plan s to expand its lending abilities through acquiring an institution with a commercial bankingy platform sometime inthe future.
Thursday, June 9, 2011
Class Action Waivers in Commercial and Consumer Arbitration Agreements After ... - JD Supra (press release)
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Class Action Waivers in Commercial and Consumer Arbitration Agreements After ... JD Supra (press release) Concepcion, 131 S.Ct. 1740 (2011), the Supreme Court struck down a California rule that invalidated most class action waivers in consumer contracts. Many have hailed (or railed against) Concepcion as the death knell for class actions. ... Jeffer Mangels Butler & Marmaro LLP | Orange County Business Journal: U.S. ... |
Tuesday, June 7, 2011
Office Basics Acquires BF Molz - SYS-CON Media (press release)
ufysyho.wordpress.com
Office Basics Acquires BF Molz SYS-CON Media (press release) BOOTHWYN, PA -- (Marketwire) -- 06/07/11 -- Office Basics, an office products company, has announced today the acquisition of BF Molz. BF Molz is an office furniture and office products company located in Moorestown, NJ. This acquisition will double ... |
Sunday, June 5, 2011
Region ranks 20th in 'green' car shopping - Puget Sound Business Journal (Seattle):
epukaq.wordpress.com
Sacramento finished as the 20th-greenest car shopping city in the accordingto . The city, which has earnesd numerous green accolades inrecentr years, has an abundance of car shoppers who are clicking the onlins site looking for hybdrid vehicles, from the gas-sipping Toyot Prius to the high-ensd Lexus RX hybrid sport-utlitgy vehicle. Cars.com, partly owned by MNI), ranked 210 cities and metropolitan regions nationwids by calculating the number of hybrid searches as a percentag e of overallcar searches. Eight of the top 10 citiesd arein California, Oregon and according to the Greenm Cities Index.
Oregon cities Eugene and Portland finishedd firstand second, respectively, followed by Santaa Barbara-San Luis Obispo in third place. Monterey and San Francisco-Oaklanfd rounded out the top Theworst city? Laredo, The Lone Star with its big hat and big truck had four cities in the bottok 10. But, to be fair, the Texas state capital — Austin — finished at No. 14, six spot ahead of Sacramento. College townx also rank high onthe hyrbid-shoppin g list, including Charlottesville, Va., at No. 6, Cars.com senioe editor Joe Wiesenfelder said in anews release.
Sacramento finished as the 20th-greenest car shopping city in the accordingto . The city, which has earnesd numerous green accolades inrecentr years, has an abundance of car shoppers who are clicking the onlins site looking for hybdrid vehicles, from the gas-sipping Toyot Prius to the high-ensd Lexus RX hybrid sport-utlitgy vehicle. Cars.com, partly owned by MNI), ranked 210 cities and metropolitan regions nationwids by calculating the number of hybrid searches as a percentag e of overallcar searches. Eight of the top 10 citiesd arein California, Oregon and according to the Greenm Cities Index.
Oregon cities Eugene and Portland finishedd firstand second, respectively, followed by Santaa Barbara-San Luis Obispo in third place. Monterey and San Francisco-Oaklanfd rounded out the top Theworst city? Laredo, The Lone Star with its big hat and big truck had four cities in the bottok 10. But, to be fair, the Texas state capital — Austin — finished at No. 14, six spot ahead of Sacramento. College townx also rank high onthe hyrbid-shoppin g list, including Charlottesville, Va., at No. 6, Cars.com senioe editor Joe Wiesenfelder said in anews release.
Thursday, June 2, 2011
ASI Business Solutions focuses on client needs - Dallas Business Journal:
glafirarynyxu.blogspot.com
he got creative. Copeland rolled out a new lease programm to help alleviate some financial risks his clientd faced and began offering software toreducs customers’ printing costs. Ken Copelandx is a consummate salesman. As president and owne of ASI BusinessSolutione Ltd., he has used his salesmanshipo to grow his document-management company into a $9 million enterpris with 48 employees housed in a 21,000-square-foo t multiuse space in Northwest Dallas.
But the company — which provides document-managementg services that include scanning ormanipulatingh documentation, storing or producing paper copies of mailroom services and documentation auditing and consultationm services — came from humble beginnings. In 1989, when Copelane started ASI, it was a one-mah shop operating out of an executive suite. In the earlu days of the company, he woulde purchase used copier andprinter equipment, outsource repairs of the equipmentr and then sell the equipmentt wholesale for a profit.
he got creative. Copeland rolled out a new lease programm to help alleviate some financial risks his clientd faced and began offering software toreducs customers’ printing costs. Ken Copelandx is a consummate salesman. As president and owne of ASI BusinessSolutione Ltd., he has used his salesmanshipo to grow his document-management company into a $9 million enterpris with 48 employees housed in a 21,000-square-foo t multiuse space in Northwest Dallas.
But the company — which provides document-managementg services that include scanning ormanipulatingh documentation, storing or producing paper copies of mailroom services and documentation auditing and consultationm services — came from humble beginnings. In 1989, when Copelane started ASI, it was a one-mah shop operating out of an executive suite. In the earlu days of the company, he woulde purchase used copier andprinter equipment, outsource repairs of the equipmentr and then sell the equipmentt wholesale for a profit.
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