Word: owner
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...Family vineyard, producer of what "may be one of the single greatest Cabernet Sauvignons," according to Parker, has a list of 3,000 people eager to pay $100 a bottle. The 500 cases of the current vintage are already spoken for, but that doesn't stop folks from trying. Owner Donald Bryant has been offered free surgery from doctors wanting to jump the queue...
...over at Colgin Cellars, owner Ann Colgin could have swapped a case of her Cabernet for a Mercedes SUV. (She passed.) With 5,000 customers for only 400 to 500 cases of each vintage, Colgin restricts the number of bottles each can purchase. Many folks get only one. Wine lovers are not averse to venting their frustration over this paucity. At a dinner party, Colgin was presented with a single scallop. Only partly joking, the host explained that this was her allocation...
Although well-intentioned, the state mandates drive up costs. In many states, one or two insurance providers enjoy near monopolies, leaving small-business owners few alternatives. In March the American Medical Association and the Pennsylvania Medical Society asked the Justice Department to investigate two Blue Cross/Blue Shield plans for anticompetitive practices in Pennsylvania, where they have about 70% of the market. "The small-business owner wants an option," says NFIB lobbyist John Emling...
...because they need the money," says Drew Mendoza, president of the Family Business Consulting Group in Marietta, Ga. There are any number of ways to ensure continuing income. Parents can receive compensation as advisers or consultants, with a set salary or retainer, notes Diahann Lassus, co-owner of Lassus Wherley & Associates, a New Providence, N.J., financial-planning firm. Or parents can lease the site of the business to the children and get a rent check, Messervey says. In some cases, children may choose to give their parents a share of profits or an annuity...
...University of the Pacific's business school. "If you can open the communication lines and face issues, you can move on." Neil Koenig, a psychologist from California and author of You Can't Fire Me, I'm Your Father, has recently included among his clients a family-business owner who is 93, another who is 82. "Fifteen, 20 years ago, these gentlemen would not have talked to someone like me. They would have thought what I had to say was just a bunch of baloney...