Word: planner
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...talking about the ancient Greeks' concept of public space. When the Internet took his bonfire and turned it into a horde-gathering weeklong event that generated headlines all over the globe, Larry Harvey could have become many things: cult leader, millionaire, party promoter. What he chose was urban planner. We all dream differently...
FIRE THAT MEDIA PLANNER In light of last week's Concorde crash (with early indications placing blame on the tires), it seemed an excruciatingly bad time to run this full-page ad for the financial-services firm UBS in Friday's New York Times. Was someone not reading the headlines? Said UBS, which has pulled the ad: "We regret it." The Times had no comment...
...avoid is the often made assumption that all children want to follow in their parents' footsteps. They need to be asked about their individual desires, and their decisions need to be respected. "Passing on a business should be a legacy, not a life sentence," notes San Diego financial planner Peggy Eddy. "I was hoping to be a designer and wasn't really planning to run a diesel company," says Victoria Jackson, 45, who took over her father's Nashville company, Pro Diesel, at age 21, after he died suddenly. "But I felt that I just had to see my father...
Along with a strategy, those passing on businesses need to follow an organized plan. They should seek advice from an estate-planning attorney and a financial planner who are experienced in working with family-owned small businesses. Experts say each family has to evaluate which method of succession is best for its particular needs and for its type of business. A trusted board of directors, of whom half are family members, should assist in the succession plan. "Too many entrepreneurs work in the business, not on the business," says Eddy. "This is where an impartial board can help with...
...hard to imagine Millard, the Mormon planner, uttering "place of sin." A worried-looking, bespectacled man provided to the town by the church as part of the temple deal, he is careful to use the word we in discussing the town's future. "We don't want to see change in Nauvoo," he says, "yet there's no way you can stop [it]." This, in a country where change is the secular religion, is an almost unanswerable argument. But Millard gives it the inimitable Mormon spin. "The church believes in unity and harmony, and the official position is to work...