The document summarizes several local business stories from Fredericksburg, Virginia. It discusses Liberty Tax hosting an open house, a recall of Boy Scout jackets due to safety hazards, Landry's acquiring McCormick & Schmick's Seafood Restaurants, Italian PM Berlusconi promising to resign boosting markets, tax relief for Louisa earthquake victims, local business leaders being upbeat about the local economy, a Maryland bank opening a branch in King George County, and more homeowners having trouble making mortgage payments.
1) The document discusses the opportunity for technology to improve organizational efficiency and transition economies into a "smart and clean world."
2) It argues that aggregate efficiency has stalled at around 22% for 30 years due to limitations of the Second Industrial Revolution, but that digitizing transport, energy, and communication through technologies like blockchain can help manage resources and increase efficiency.
3) Technologies like precision agriculture, cloud computing, robotics, and autonomous vehicles may allow for "dematerialization" and do more with fewer physical resources through effects like reduced waste and need for transportation/logistics infrastructure.
Eagle Wealth Strategies is an independent financial advisory firm located in West Deptford, New Jersey. The newsletter provides updates on the firm's advisors and staff, community involvement opportunities, and a market commentary. It discusses the firm's retirement planning process and credentials of its advisors, who are all Certified Financial Planners with the Retirement Income Certified Professional designation. The market commentary reviews the volatility in the first quarter and outlook from upcoming conferences.
Inside This Issue:
• Certainty in an Age of Uncertainty
• Happy 60th Birthday, RSP!
• Teaching Kids About Money
• The Value of Dividend-Paying Equities
• In Brief: Housing Market Changes
• Elder Care: Planning Ahead
Eagle Wealth Strategies is an independent financial advisory firm located in West Deptford, New Jersey. The firm provides comprehensive financial planning services to individuals, families, and professionals. In this issue: the economy and markets are mild with modest gains; the biggest financial concerns for clients are healthcare costs, taxes, and protecting assets; the benefits of diversification are highlighted; and updates are provided on staff, community involvement, awards, and office expansion.
The newsletter provides updates from Northland Wealth Management. It discusses the improved outlook for financial markets with reduced political uncertainty in the US. It also summarizes a panel discussion on investment strategies for family offices that will be moderated by Jeff Sproul. Additionally, it mentions Arthur Salzer's participation at a conference on topics related to family enterprises. Lastly, it previews new reporting statements and a secure web portal being developed for clients in the first half of 2014.
This document provides an investment advisor's perspective on market uncertainties and certainties. It discusses how central banks have kept interest rates low, creating a low rate environment that benefits borrowers but challenges income investors. As such, the stock market continues to be a better way to deliver cash flow through dividends from quality companies with a history of paying dividends through various economic cycles. The advisor expresses confidence that despite uncertainties, Canada's financial and economic systems remain strong and resilient.
The document provides steps for requesting writing assistance from HelpWriting.net:
1. Register for an account with a password and email.
2. Complete a 10-minute order form providing instructions, sources, deadline, and attaching a sample for style imitation.
3. Review bids from writers and choose one based on qualifications, history, and feedback, then pay a deposit to start work.
4. Review the completed paper and authorize final payment if satisfied, or request revisions using the free revision policy.
The RE Investment News is the quarterly newsletter for Real Estate Professionals from Mid-America Association of Real Estate Investors based in the Kansas City Metro and serving the Real Estate Industry since 2003.
1) The document discusses the opportunity for technology to improve organizational efficiency and transition economies into a "smart and clean world."
2) It argues that aggregate efficiency has stalled at around 22% for 30 years due to limitations of the Second Industrial Revolution, but that digitizing transport, energy, and communication through technologies like blockchain can help manage resources and increase efficiency.
3) Technologies like precision agriculture, cloud computing, robotics, and autonomous vehicles may allow for "dematerialization" and do more with fewer physical resources through effects like reduced waste and need for transportation/logistics infrastructure.
Eagle Wealth Strategies is an independent financial advisory firm located in West Deptford, New Jersey. The newsletter provides updates on the firm's advisors and staff, community involvement opportunities, and a market commentary. It discusses the firm's retirement planning process and credentials of its advisors, who are all Certified Financial Planners with the Retirement Income Certified Professional designation. The market commentary reviews the volatility in the first quarter and outlook from upcoming conferences.
Inside This Issue:
• Certainty in an Age of Uncertainty
• Happy 60th Birthday, RSP!
• Teaching Kids About Money
• The Value of Dividend-Paying Equities
• In Brief: Housing Market Changes
• Elder Care: Planning Ahead
Eagle Wealth Strategies is an independent financial advisory firm located in West Deptford, New Jersey. The firm provides comprehensive financial planning services to individuals, families, and professionals. In this issue: the economy and markets are mild with modest gains; the biggest financial concerns for clients are healthcare costs, taxes, and protecting assets; the benefits of diversification are highlighted; and updates are provided on staff, community involvement, awards, and office expansion.
The newsletter provides updates from Northland Wealth Management. It discusses the improved outlook for financial markets with reduced political uncertainty in the US. It also summarizes a panel discussion on investment strategies for family offices that will be moderated by Jeff Sproul. Additionally, it mentions Arthur Salzer's participation at a conference on topics related to family enterprises. Lastly, it previews new reporting statements and a secure web portal being developed for clients in the first half of 2014.
This document provides an investment advisor's perspective on market uncertainties and certainties. It discusses how central banks have kept interest rates low, creating a low rate environment that benefits borrowers but challenges income investors. As such, the stock market continues to be a better way to deliver cash flow through dividends from quality companies with a history of paying dividends through various economic cycles. The advisor expresses confidence that despite uncertainties, Canada's financial and economic systems remain strong and resilient.
The document provides steps for requesting writing assistance from HelpWriting.net:
1. Register for an account with a password and email.
2. Complete a 10-minute order form providing instructions, sources, deadline, and attaching a sample for style imitation.
3. Review bids from writers and choose one based on qualifications, history, and feedback, then pay a deposit to start work.
4. Review the completed paper and authorize final payment if satisfied, or request revisions using the free revision policy.
The RE Investment News is the quarterly newsletter for Real Estate Professionals from Mid-America Association of Real Estate Investors based in the Kansas City Metro and serving the Real Estate Industry since 2003.
- Great Harvest Bread Company is a specialty bread bakery located in Fairbanks, Alaska.
- Their target customers are middle-aged women but they want to expand to military personnel and college students.
- Recommendations include increasing product awareness of specialty breads through social media, newsletters, and targeting the military and student markets.
This document provides summaries of several articles from an investment magazine. It discusses how Millennials view money and investing differently than previous generations, focusing more on social media companies and expecting transparency. It also summarizes an article on how corporate stock buybacks provide continued support for stock prices. Finally, it interviews an advisory couple on how they get to know clients personally and use active money managers to construct customized portfolios tailored to each client's needs and risk tolerance.
This was the year I placed first in the state of Florida and third in the world for my 30-page international business plan and 15-minute oral presentation.
The document discusses the Military Spouse Employment Partnership (MSEP), which connects military spouses with job opportunities at partner companies. Over 5,600 military spouses have been hired through MSEP so far. The Deputy Assistant Secretary of Defense highlights the growing number of partner companies, currently at 96, which will increase employment opportunities for military spouses. He encourages military spouses to provide feedback to help improve the MSEP website and increase the program's effectiveness.
The RE Investment News is the monthly newsletter for Mid-America Association of Real Estate Investors. MAREI has been serving the real estate investment community in Kansas City since 20014.
The document discusses the challenges many people in North America will face in the future regarding retirement. These challenges include an uncertain job market due to automation, low savings and high debt, high education costs, and pressure on government retirement programs from budget deficits. It argues that taking control of personal finances by saving money, managing debt, and properly protecting oneself can help build a strong financial foundation to better handle these challenges. It promotes World Financial Group as providing education and assistance to help people take control of their finances.
What would life be like if you could get to the essence of who you are and what you believe? In other words, why do you do the things you do? What if you could focus on doing what you are best at and love to do the most?
The document is a newsletter from a financial services company discussing various financial topics. It provides an overview of the US economic recovery in 2014, noting gains in the stock market and job growth. It also discusses potential risks like higher stock valuations, lower oil prices, a slowing housing market, and the possibility of interest rate hikes in 2015. One article summarizes how the Affordable Care Act will affect tax filings for 2014, requiring some people to reconcile health insurance subsidies. Another discusses risks of family members serving as amateur trustees and argues for using professional trustees instead. A final article notes that while Social Security benefits are gender neutral, women on average receive lower benefits but live longer.
AgriSuccess magazine is dedicated to helping Canadian producers advance their farm management practices. Learn from producers and industry experts and get practical advice, real-life examples and innovative ideas to grow your business.
The document provides an overview of the Winter 2016 issue of the Old Mill Food & Drink newsletter. It includes short articles on various topics relevant to food businesses, such as knowing when a business has achieved its goals, the availability of finance for food businesses, hot topics like the apprenticeship levy and business rates, using accounting software like Xero to monitor business performance, and recapping the winners of the Taste of Dorset food and drink awards. The overall document serves to inform and advise food businesses on current issues and opportunities in the industry.
Essay Examples Mla Format. Online assignment writing service.Kimi Allen
The document discusses two film adaptations of Shakespeare's Romeo and Juliet directed by Franco Zeffirelli and Baz Luhrmann. In the opening scenes of both films, there are notable contrasts in the props, costumes, and fighting styles depicted. Zeffirelli's 1967 version uses more dated medieval-style costumes and props, while the fighting seems unrealistic. Luhrmann's version modernizes the setting and features more believable fighting sequences. Overall, the summary compares the differing visual styles and depictions of key elements in the opening scenes between the two Romeo and Juliet films.
College Life Essay - College Homework Help And Online Tutoring.Leslie Schulte
The document discusses conformity and the different types of conformity according to social psychologist Leon Mann and researcher Harold Kelman. It explains that conformity means yielding to group pressures and maintaining cognitive balance by conforming to stereotypes and expectations. Kelman identified three types of conformity: compliance, where one goes along publicly but disagrees privately; internalization, where one accepts the group's beliefs as their own; and identification, where one conforms for acceptance and approval. The document also discusses Solomon Asch's line experiment which showed that subjects' responses converged towards the average of the group to conform, even when the group was objectively wrong.
1 This text was adapted by The Saylor Foundation under .docxmercysuttle
1
This text was adapted by The Saylor Foundation under a Creative
Commons Attribution-NonCommercial-ShareAlike 3.0 License without
attribution as requested by the work’s original creator or licensee.
http://creativecommons.org/licenses/by-nc-sa/3.0/
http://creativecommons.org/licenses/by-nc-sa/3.0/
2
Chapter 3
Family Businesses
Westbrook Lobster
Source: Used with permission, Michael Larivere, manager, Westbrook Lobster, Wallingford,
CT.
In 1957, Westbrook Lobster opened in Westbrook, Connecticut, as a specialized lobster and fish
market. As time went on, the company expanded to offer a comprehensive range of fish, shrimp,
and prepared foods. In 1989, Larry Larivere, who grew up near the docks of New Bedford,
Massachusetts, bought the business and had a dream of expanding the business with a seafood
restaurant.
Fast forward to 2004. Larry and his two sons, Michael (an environmental science major) and
Matthew (a business major), opened up their second restaurant in Wallingford, Connecticut. It
overlooks the Quinnipiac River in the historic Yale Brother’s Mill built in the late 1670s.
Originally a grain mill, later converted to a German and Britannia silver spoon factory, and
finally converted into a restaurant, the building was rich with history.
Michael speaks easily about the value that Westbrook Lobster offers its customers: high quality
food, great service…and visiting the tables while people are dining. He sees these visits as an
important part of the relationships that he has built with his customers over the years.
Westbrook customers eagerly await the monthly postcards that are sent out that feature dining
specials, discounts, and coupons. He tries to get the postcards out early and actually receives
phone calls if they are not received early. Many people have come to depend on them. Michael
says that these postcards definitely give the restaurant its greatest return. The restaurant has a
presence on Facebook, but that is geared to the bar crowd—a younger crowd.
3
Technology plays an important but mixed part in the restaurant’s operations. Michael says that
it is tough to run a restaurant these days without technology tools like POS (point of service)
systems. These systems include touch screens for placing orders and paying for food items.
Interestingly, however, most food vendors still do their business face to face (or telephone to
telephone), choosing to stick with personal relationships. Only a few suppliers, such as liquor
vendors, accept orders online.
The current Westbrook Lobster website was created by Michael and Matthew using services
from intuit.com. They built the site themselves and are proud to note that restaurant gift cards
can now be purchased directly from the site. This is a perfect example of Web 2.0 capabilities.
As far as running the business, currently fifty employees strong, Larry Larivere (Dad) is brought ...
Essay Writing Competitions In Nigeria 2016Nikki Wheeler
Here are the new mission and vision statements for Cyber Software Inc:
Vision Statement: To be the leading provider of cybersecurity solutions that protect our customers from all cyber threats through innovative technology and expertise.
Mission Statement: We are dedicated to developing advanced cybersecurity software and services that safeguard our customers' networks and data. Through a proactive approach, continuous innovation, and collaboration with cybersecurity experts, we aim to stay one step ahead of cyber criminals and ensure the highest level of protection for our customers.
The document discusses how the stock market rose last week due to stronger-than-expected jobs data, but that one month of good data does not make a trend and additional Fed stimulus is not guaranteed. It also notes that the 24 hours before Fed announcements have accounted for 80% of stock market returns since 1994, though this anomaly cannot reliably be profited from. The weekly newsletter then provides tips and recipes.
Scott Entrepreneur Express, October 14, 2010 PresentationSandy Ratliff
FREE workshop geared towards small business owners as well as those who are thinking about becoming entrepreneurs. Accessing resources is crucial for a small business to start or grow. But in these challenging economic times finding financing, new customers/markets and accessing help within state and federal government can be difficult.
The Virginia Department of Business Assistance has partnered with Scott County Economic Development, Scott County Chamber of Commerce, and Wachovia Bank to offer a workshop designed to provide insight into areas of business ownership that often go overlooked and help connect you to FREE resources available to small business.
If you have questions or require additional information, contact the Scott County Chamber of Commerce at 54276-386-2525.
Scott County is partnered with Sandy Ratliff with the Virginia Department of Business Assistance to conduct this workshop.
13.5.28 hispanic chamber cincinnati usa it can waithmhollingsworth
The newsletter from the Hispanic Chamber of Cincinnati USA discusses upcoming events in May and June 2013, including a networking meeting, attempts to break the world record for salsa dancing, and a gala with the Ambassador of Colombia as keynote speaker. It welcomes new members and congratulates members who won healthiest employer awards. It also advertises scholarships, internships, and other opportunities for members.
This document provides a summary of Northland Wealth Management's quarterly newsletter. It discusses challenges to future returns in various asset classes. It also covers updates on the Canadian, US and global economic outlooks. Additionally, it discusses why families may want to hire an outsourced chief investment officer to manage their investments instead of doing it themselves. The outsourced CIO approach provides access to top investment managers and strategies around the world.
The document discusses the business opportunity available through Synergy Financial Partners. It outlines three categories of people who may be interested in the opportunity - business owners, self-employed/dual career individuals, and clients. It then discusses SFP's mission to change how Americans plan for their financial future and their vision to build the best consumer financial education company. The rest of the document focuses on explaining the problems Americans face financially, how SFP's solutions address these problems, and the business opportunity available through SFP.
More Related Content
Similar to Business Article_Eyup Izler_Entrepreneur
- Great Harvest Bread Company is a specialty bread bakery located in Fairbanks, Alaska.
- Their target customers are middle-aged women but they want to expand to military personnel and college students.
- Recommendations include increasing product awareness of specialty breads through social media, newsletters, and targeting the military and student markets.
This document provides summaries of several articles from an investment magazine. It discusses how Millennials view money and investing differently than previous generations, focusing more on social media companies and expecting transparency. It also summarizes an article on how corporate stock buybacks provide continued support for stock prices. Finally, it interviews an advisory couple on how they get to know clients personally and use active money managers to construct customized portfolios tailored to each client's needs and risk tolerance.
This was the year I placed first in the state of Florida and third in the world for my 30-page international business plan and 15-minute oral presentation.
The document discusses the Military Spouse Employment Partnership (MSEP), which connects military spouses with job opportunities at partner companies. Over 5,600 military spouses have been hired through MSEP so far. The Deputy Assistant Secretary of Defense highlights the growing number of partner companies, currently at 96, which will increase employment opportunities for military spouses. He encourages military spouses to provide feedback to help improve the MSEP website and increase the program's effectiveness.
The RE Investment News is the monthly newsletter for Mid-America Association of Real Estate Investors. MAREI has been serving the real estate investment community in Kansas City since 20014.
The document discusses the challenges many people in North America will face in the future regarding retirement. These challenges include an uncertain job market due to automation, low savings and high debt, high education costs, and pressure on government retirement programs from budget deficits. It argues that taking control of personal finances by saving money, managing debt, and properly protecting oneself can help build a strong financial foundation to better handle these challenges. It promotes World Financial Group as providing education and assistance to help people take control of their finances.
What would life be like if you could get to the essence of who you are and what you believe? In other words, why do you do the things you do? What if you could focus on doing what you are best at and love to do the most?
The document is a newsletter from a financial services company discussing various financial topics. It provides an overview of the US economic recovery in 2014, noting gains in the stock market and job growth. It also discusses potential risks like higher stock valuations, lower oil prices, a slowing housing market, and the possibility of interest rate hikes in 2015. One article summarizes how the Affordable Care Act will affect tax filings for 2014, requiring some people to reconcile health insurance subsidies. Another discusses risks of family members serving as amateur trustees and argues for using professional trustees instead. A final article notes that while Social Security benefits are gender neutral, women on average receive lower benefits but live longer.
AgriSuccess magazine is dedicated to helping Canadian producers advance their farm management practices. Learn from producers and industry experts and get practical advice, real-life examples and innovative ideas to grow your business.
The document provides an overview of the Winter 2016 issue of the Old Mill Food & Drink newsletter. It includes short articles on various topics relevant to food businesses, such as knowing when a business has achieved its goals, the availability of finance for food businesses, hot topics like the apprenticeship levy and business rates, using accounting software like Xero to monitor business performance, and recapping the winners of the Taste of Dorset food and drink awards. The overall document serves to inform and advise food businesses on current issues and opportunities in the industry.
Essay Examples Mla Format. Online assignment writing service.Kimi Allen
The document discusses two film adaptations of Shakespeare's Romeo and Juliet directed by Franco Zeffirelli and Baz Luhrmann. In the opening scenes of both films, there are notable contrasts in the props, costumes, and fighting styles depicted. Zeffirelli's 1967 version uses more dated medieval-style costumes and props, while the fighting seems unrealistic. Luhrmann's version modernizes the setting and features more believable fighting sequences. Overall, the summary compares the differing visual styles and depictions of key elements in the opening scenes between the two Romeo and Juliet films.
College Life Essay - College Homework Help And Online Tutoring.Leslie Schulte
The document discusses conformity and the different types of conformity according to social psychologist Leon Mann and researcher Harold Kelman. It explains that conformity means yielding to group pressures and maintaining cognitive balance by conforming to stereotypes and expectations. Kelman identified three types of conformity: compliance, where one goes along publicly but disagrees privately; internalization, where one accepts the group's beliefs as their own; and identification, where one conforms for acceptance and approval. The document also discusses Solomon Asch's line experiment which showed that subjects' responses converged towards the average of the group to conform, even when the group was objectively wrong.
1 This text was adapted by The Saylor Foundation under .docxmercysuttle
1
This text was adapted by The Saylor Foundation under a Creative
Commons Attribution-NonCommercial-ShareAlike 3.0 License without
attribution as requested by the work’s original creator or licensee.
http://creativecommons.org/licenses/by-nc-sa/3.0/
http://creativecommons.org/licenses/by-nc-sa/3.0/
2
Chapter 3
Family Businesses
Westbrook Lobster
Source: Used with permission, Michael Larivere, manager, Westbrook Lobster, Wallingford,
CT.
In 1957, Westbrook Lobster opened in Westbrook, Connecticut, as a specialized lobster and fish
market. As time went on, the company expanded to offer a comprehensive range of fish, shrimp,
and prepared foods. In 1989, Larry Larivere, who grew up near the docks of New Bedford,
Massachusetts, bought the business and had a dream of expanding the business with a seafood
restaurant.
Fast forward to 2004. Larry and his two sons, Michael (an environmental science major) and
Matthew (a business major), opened up their second restaurant in Wallingford, Connecticut. It
overlooks the Quinnipiac River in the historic Yale Brother’s Mill built in the late 1670s.
Originally a grain mill, later converted to a German and Britannia silver spoon factory, and
finally converted into a restaurant, the building was rich with history.
Michael speaks easily about the value that Westbrook Lobster offers its customers: high quality
food, great service…and visiting the tables while people are dining. He sees these visits as an
important part of the relationships that he has built with his customers over the years.
Westbrook customers eagerly await the monthly postcards that are sent out that feature dining
specials, discounts, and coupons. He tries to get the postcards out early and actually receives
phone calls if they are not received early. Many people have come to depend on them. Michael
says that these postcards definitely give the restaurant its greatest return. The restaurant has a
presence on Facebook, but that is geared to the bar crowd—a younger crowd.
3
Technology plays an important but mixed part in the restaurant’s operations. Michael says that
it is tough to run a restaurant these days without technology tools like POS (point of service)
systems. These systems include touch screens for placing orders and paying for food items.
Interestingly, however, most food vendors still do their business face to face (or telephone to
telephone), choosing to stick with personal relationships. Only a few suppliers, such as liquor
vendors, accept orders online.
The current Westbrook Lobster website was created by Michael and Matthew using services
from intuit.com. They built the site themselves and are proud to note that restaurant gift cards
can now be purchased directly from the site. This is a perfect example of Web 2.0 capabilities.
As far as running the business, currently fifty employees strong, Larry Larivere (Dad) is brought ...
Essay Writing Competitions In Nigeria 2016Nikki Wheeler
Here are the new mission and vision statements for Cyber Software Inc:
Vision Statement: To be the leading provider of cybersecurity solutions that protect our customers from all cyber threats through innovative technology and expertise.
Mission Statement: We are dedicated to developing advanced cybersecurity software and services that safeguard our customers' networks and data. Through a proactive approach, continuous innovation, and collaboration with cybersecurity experts, we aim to stay one step ahead of cyber criminals and ensure the highest level of protection for our customers.
The document discusses how the stock market rose last week due to stronger-than-expected jobs data, but that one month of good data does not make a trend and additional Fed stimulus is not guaranteed. It also notes that the 24 hours before Fed announcements have accounted for 80% of stock market returns since 1994, though this anomaly cannot reliably be profited from. The weekly newsletter then provides tips and recipes.
Scott Entrepreneur Express, October 14, 2010 PresentationSandy Ratliff
FREE workshop geared towards small business owners as well as those who are thinking about becoming entrepreneurs. Accessing resources is crucial for a small business to start or grow. But in these challenging economic times finding financing, new customers/markets and accessing help within state and federal government can be difficult.
The Virginia Department of Business Assistance has partnered with Scott County Economic Development, Scott County Chamber of Commerce, and Wachovia Bank to offer a workshop designed to provide insight into areas of business ownership that often go overlooked and help connect you to FREE resources available to small business.
If you have questions or require additional information, contact the Scott County Chamber of Commerce at 54276-386-2525.
Scott County is partnered with Sandy Ratliff with the Virginia Department of Business Assistance to conduct this workshop.
13.5.28 hispanic chamber cincinnati usa it can waithmhollingsworth
The newsletter from the Hispanic Chamber of Cincinnati USA discusses upcoming events in May and June 2013, including a networking meeting, attempts to break the world record for salsa dancing, and a gala with the Ambassador of Colombia as keynote speaker. It welcomes new members and congratulates members who won healthiest employer awards. It also advertises scholarships, internships, and other opportunities for members.
This document provides a summary of Northland Wealth Management's quarterly newsletter. It discusses challenges to future returns in various asset classes. It also covers updates on the Canadian, US and global economic outlooks. Additionally, it discusses why families may want to hire an outsourced chief investment officer to manage their investments instead of doing it themselves. The outsourced CIO approach provides access to top investment managers and strategies around the world.
The document discusses the business opportunity available through Synergy Financial Partners. It outlines three categories of people who may be interested in the opportunity - business owners, self-employed/dual career individuals, and clients. It then discusses SFP's mission to change how Americans plan for their financial future and their vision to build the best consumer financial education company. The rest of the document focuses on explaining the problems Americans face financially, how SFP's solutions address these problems, and the business opportunity available through SFP.
Similar to Business Article_Eyup Izler_Entrepreneur (20)
1. C4 WEDNESDAY, NOVEMBER 9, 2011 THE FREE LANCE–STARFREDERICKSBURG, VA..
BUSINESS
rail kicker
LIBERTY HOLDING
AN OPEN HOUSE
Liberty Tax will be hosting
an open house on Satur-
day, Nov. 19, from 10 a.m.
to 4 p.m., to see its newly
renovated office. Vendors
will be available, and door
prizes and refreshments.
Attendees are urged to
bring canned goods to
support Fredericksburg
Area Food Bank.
recalls
CORD ON SCOUT
JACKETS A HAZARD
Boy Scouts of America
is recalling about 5,400
Cub Scout wind tech
jackets because the jackets
have retractable cords with
toggles at the hood/neck
area and at the waist,
which can pose a strangu-
lation or entrapment haz-
ard to children.
For additional information,
call 855/873-2408 or
visit scoutstuff.org.
—Consumer Product Safety
Commission
BRIEF CASE
COMING UP >> IT’S ALMOST TIME FOR HOLIDAY OPEN HOUSES
LANDRY’S TO BUY MCCORMICK & SCHMICK’S
HOUSTON—The owner of restaurant company Landry’s Inc. said
Tuesday that he has agreed to buy McCormick & Schmick’s
Seafood Restaurants Inc. in a deal that values the Oregon-based
chain at more than $130 million. Tilman Fertitta said he will acquire
the chain through a cash tender offer of $8.75 per share.
—Associated Press
Promise
gives
market
a bump
ITALIAN PM’S VOW TO
RESIGN ENCOURAGES
INVESTORS; DOW ENJOYS
TRIPLE-FIGURE GAIN
BY DAVID K. RANDALL
AND MATTHEW CRAFT
AP BUSINESS WRITERS
NEW YORK—Stocks turned
higher Tuesday once in-
vestors got the news they
had been hoping for: Italian
Prime Minister Silvio Berlus-
coni promised to resign once
a new budget was passed. The
Dow Jones industrial closed
up 102 points.
Italy became a key focus
for investors this week after
doubts emerged that the
country would go through
with a tough package of
austerity measures. Many
investors saw Berlusconi as
an obstacle to sweeping eco-
nomic reforms that would be
needed to help Italy cut its
debt load and avoid sinking
into a debt crisis.
The yield on the 10-year
Italian government bond
spiked close to 7 percent
Tuesday, a sign that markets
are questioning the coun-
try’s ability to pay its debt.
Unlike Greece, Portugal or
Ireland—all of which re-
ceived financial lifelines—
Italy has too much debt to be
rescued by its European
neighbors.
Europe’s debt crisis has
dictated much of the trading
in financial markets since the
beginning of October. In-
vestors fear that a default by
Greece or another nation
that shares the euro currency
could lead to a widespread
financial crisis similar to the
one in 2008 after the fall of
Lehman Brothers.
The Dow Jones industrial
average rose 101.79 points, or
0.8 percent, to close at
12,170.18. Manufacturer 3M
Co. gained 2.7 percent, the
most of the 30 stocks in the
average.
The S&P 500 rose 14.80,
or 1.2 percent, to 1,275.92.
Financial companies posted
the strongest gains. Regions
Financial Corp. jumped 5.3
percent. Wells Fargo & Co.
climbed 4.4 percent.
The Nasdaq composite
rose 32.24, or 1.2 percent, to
2,727.49.
U.S. stock indexes fell in
the morning after Berlusconi
narrowly survived a confi-
dence vote, a sign that he
might continue to cling to
power. The market turned
higher immediately after
headlines crossed around 2
p.m. Eastern saying Berlus-
coni had promised to step
down after economic re-
forms are passed. That is
expected to happen next
week.
European stock markets
were also higher. Italy’s main
index rose 0.7 percent. Ger-
many’s main index rose 0.6
percent, France’s 1.3 per-
cent.
In the U.S., the Labor
Department said employers
advertised more jobs in
September than at any other
point in the past three years.
The 7 percent rise in open-
ings is a sign that companies
may step up hiring.
Priceline.com Inc. rose 8.6
percent after its third-quar-
ter earnings more than dou-
bled from a year earlier. Most
of the gains were attributed
to a jump in hotel bookings.
EYUP AND NURCAN IZLER
THE DEAL >> FOCUS ON LOCAL BUSINESS OWNERS
To nominate a business owner for The Deal, email:
DealMaker@freelancestar.com
Provide a description of the business, how long it’s operated,
its location, contact information, website and why the owner
should be featured.
The Free Lance–Star’s coverage of area businesses in
The Deal does not mean that the newspaper is endorsing
any particular business.
NOMINATIONS
ARE THE OWNERS OF SMYRNA MEDITERRANEAN CUISINE AND CAFÉ, A SOUTH STAFFORD RESTAURANT
AND GROCERY SPECIALIZING IN HOMEMADE, HOME-STYLE MEDITERRANEAN CUISINE.
FAMILY: All of our family still
lives in Smyrna, our hometown in
Turkey.
EDUCATION: Eyup: degree
in mechanical engineering
Nurcan: degree in banking
WHAT DID YOU WANT
TO BE WHEN YOU GREW
UP? We both wanted to do
something where we could keep
learning about the world and
different cultures. We have
realized this as we have lived and
worked in more than 20 coun-
tries.
FIRST JOB: Eyup: I worked as
a mechanical engineer for a
company that manufactured
agricultural machinery in Turkey.
Nurcan: I first worked in bank-
ing.
HOW DID YOU END UP
OWNING SMYRNA
MEDITERRANEAN CUI-
SINE AND CAFÉ? The com-
pany I was last working for [as a
mechanical engineer] sent me to
work here in Virginia. After about
five or six years, the company
closed down its operations here.
During that time, we always
found it difficult to find the food
and ingredients we were used to
eating. We also noticed the types
of food our friends here were
eating and knew there was a
healthier alternative for them as
well as ourselves. My wife is a
very good cook, having been
part of a family of very good
cooks. Her family came and
stayed with us for six months
when we first began the business,
helping to come up with recipes
for the food we now serve.
WHAT IS THE BIGGEST
CHALLENGE YOU’RE
WRESTLING WITH NOW?
Being a small business, we do not
have the kind of money to
advertise and market like big
chains.
WHAT DO YOU LIKE
MOST ABOUT YOUR
JOB? We have actually had
customers, some with serious
health problems, come to us and
say how they’ve lost weight, their
blood pressure is down, the
cholesterol is down. And they
attribute this to changing to the
Mediterranean diet. We’re not
looking to become rich. It is very
satisfying to know that we are
helping people here.
WHAT IS ONE THING
YOU WOULD CHANGE
ABOUT YOUR JOB? That
more people would know about
us and the benefits to their
health the food we cook pro-
vides.
WHO IS YOUR HERO?
Mustafa Kemal Atatürk. He was
the first president of the Repub-
lic of Turkey. He did so many
wonderful things for the Turkish
people. He created a secular
government, something unheard
of in Muslim countries at the
time. He made Turkey more
modern, brought about great
social changes including making
it possible for women to vote and
hold public office. He is very
much revered in Turkey.
WHAT IS A WEIRD/FUN
FACT ABOUT YOUR PRO-
FESSION? We knew that the
food we serve was healthy and
would help people. We just never
realized we would hear about
results as quick as we did. In two
or three months, customers were
returning and telling us how
good they were feeling, that the
cholesterol was lower, or that
they had lost weight.
WHAT ADVICE WOULD
YOU GIVE SOMEONE
THINKING ABOUT
STARTING A BUSINESS
RIGHT NOW? Make sure you
have the capital. Also, have skill
in the business you starting. My
wife is a great cook. And be
prepared to put a lot of time into
the business.
WHAT ARE YOU MOST
LIKELY TO BE DOING
WHEN NOT WORKING?
We like to travel, to see new
places, meet new people, and
continue to learn about the
world.
WHERE DO YOU WANT
TO BE FIVE YEARS FROM
NOW? Continuing to grow. We
have four employees now. Per-
haps growing larger to employ
more, and exposing more and
more people to the Mediter-
ranean cuisine.
smyrnacuisine.com
—As told to Craig Schulin
briefs
Tax relief is available for
Louisa earthquake victims
People who live or have a business in
Louisa County and were victims of the
Aug. 23 earthquake may qualify for tax
relief from the IRS.
President Obama has declared Louisa
County a federal disaster area, which
permits the IRS to postpone some
deadlines for taxpayers within its
boundaries.
For Louisa, deadlines falling on or
after Aug. 23, and on or before Oct. 31
have been postponed to Oct. 31, 2011.
This includes previously obtained ex-
tensions to file 2010 returns and the
estimated tax payment for the third
quarter, normally due Sept. 15.
In addition, the IRS is waiving the
failure-to-deposit penalties for em-
ployment and excise tax deposits due
on or after Aug. 23, and on or before
Sept. 7, as long as the deposits are made
by Sept. 7, 2011. For more details, see
blogs.fredericksburg.com/whatsin
store.
—Cathy Jett
Area business leaders upbeat
The vast majority of Fredericksburg-
area business leaders believe the local
economy is faring better than the U.S.
as a whole, according to a survey taken
by about 120 people who attended the
Fredericksburg Regional Alliance’s Oct.
27 annual meeting.
The FRA’s written survey asked
attendees a half-dozen questions about
the economy. The FRA plans to start
including surveys in its quarterly
newsletters. Here are among the find-
ings from last month’s survey:
About 60 percent are not confi-
dent that the U.S. economy will
improve in the next six months.
A little more than a third said loss
of retirement values was the single
most important economic issue facing
their household.
About 44 percent thought the
depressed market for housing con-
struction was the biggest factor weigh-
ing on the local economy.
About 88 percent think the local
economy is performing better than the
nation’s, and the rest think it’s doing
about the same.
—Bill Freehling
Maryland-based bank starts
King George County branch
Maryland-based Community Bank of
Tri-County broke ground last week on
its King George County branch, the
company’s first in Virginia and 11th
overall.
The bank is building a roughly
3,000-square-foot branch at the en-
trance of the King George Gateway
shopping center near the Naval Support
Facility Dahlgren and under-construc-
tion University of Mary Washington
graduate campus. Walmart opened a
Supercenter there in August.
The bank branch is expected to open
in the second quarter of 2012.
—Bill Freehling
Homeowners having trouble
making mortgage payments
NEW YORK—While lawmakers in
Washington debated the debt ceiling
and consumer confidence dropped,
more homeowners in the U.S. were
having a harder time making their
mortgage payments. The rate that
mortgage holders were late with their
payments by 60 days or more rose in
the June-to-September period for the
first time since the last three months of
2009, according to TransUnion.
The credit reporting agency said 5.88
percent of homeowners missed two or
more payments, an early sign of
possible foreclosure. That was up from
5.82 percent in the second quarter of
2011.
—Associated Press
FILE / ASSOCIATED PRESS
U.S. Rep. Eric Cantor visits a damaged
Louisa County classroom, where
earthquake victims may get tax relief.
PETER CIHELKA / THE FREE LANCE–STAR