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DELRAY BEACH, FL - OCTOBER 05: A Friendly's Ice Cream Corp restaurant is seen on the day the company filed for bankruptcy on October 5, 2011 in Delray Beach, Florida. The company employs roughly 10,000 people in more than 500 restaurants and is known for it ice cream treats and hamburgers, (Photo by Joe Raedle/Getty Images)
DELRAY BEACH, FL - OCTOBER 05: A Friendly's Ice Cream Corp restaurant is seen on the day the company filed for bankruptcy on October 5, 2011 in Delray Beach, Florida. The company employs roughly 10,000 people in more than 500 restaurants and is known for it ice cream treats and hamburgers, (Photo by Joe Raedle/Getty Images)
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Bankruptcy! On the Next “Open for Business” Show with Tom Egelhoff

Bankruptcy attorney Stuart Whitehair and credit counselor Beverly Johnson will join Tom this coming Saturday, August 11 - Noon to 2 PM Mountain Time — to talk about bankruptcy laws.

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Photo by F33's photostream Pro User Flickr)
Photo by F33's photostream Pro User Flickr)
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Consumers Change, Unfortunately Business Doesn’t

One of the things that has always amazed me is how quickly the general public adapts to economic changes, but for the average retailer, its business as usual.

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(Photo by Mark Wilson/Getty Images)
(Photo by Mark Wilson/Getty Images)
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Earth to Politicians: Business Pays ALL Bills!

How do you think Ford, Nissan, BMW and Toyota feel about the government subsidizing General Motors, — a direct competitor? Does that seem fair to you? Why should Chevrolet make it when the Desoto and Studebaker didn't?

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(Photo by David Ramos/Getty Images)
(Photo by David Ramos/Getty Images)
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How to Train a Manager

The first lesson to learn during this transition is that your replacement will not be a clone of you — so don’t expect them to be. It’s very important to remember that you are not training another owner; you’re training a manager.

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New York City Mayor Michael Bloomberg speaks at a press conference at the Union Square Greenmarket on July 2, 2012 in New York City. Bloomberg today announced a new program to make fresh produce more affordable to low-income New Yorkers. (Photo by Mario Tama/Getty Images)
New York City Mayor Michael Bloomberg speaks at a press conference at the Union Square Greenmarket on July 2, 2012 in New York City. Bloomberg today announced a new program to make fresh produce more affordable to low-income New Yorkers. (Photo by Mario Tama/Getty Images)
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War on Poverty: Is It Time to Surrender?

How are your hard earned tax dollars being spent to win this war? Right now you are paying for 33 housing programs administered by four different cabinet departments including, are you sitting down, the Department of Energy.

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A Twister Safe sign for a small family business that specializes in constructing safe rooms stands June 17, 2011 in Neosho, Missouri. A surge of interest in safe rooms has been seen since an F5 tornado tore through Joplin, Missouri in May. (Photo by Julie Denesha/Getty Images)
A Twister Safe sign for a small family business that specializes in constructing safe rooms stands June 17, 2011 in Neosho, Missouri. A surge of interest in safe rooms has been seen since an F5 tornado tore through Joplin, Missouri in May. (Photo by Julie Denesha/Getty Images)
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Smart Marketing Can Move Mountains

Business owners often get so desperate they will accept input from anyone. The most important take away point from this article is to get the advice of people who are qualified to give it.

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(Photo by Milos Bicanski/Getty Images)
(Photo by Milos Bicanski/Getty Images)
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Europe? It’s Got Nothing to Do With Me

It would be pretty hard to argue that the United States is not heading down the same road as Greece, Portugal, Spain or Ireland.

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(Photo by Pete Souza/The White House via Getty Images)
(Photo by Pete Souza/The White House via Getty Images)
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Did Justice Roberts Stick it To The President?

This is the first time, in the recorded history of the Supreme Court, that imposing a penalty for violation of federal law is, in fact, a tax.

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Chrysler Shutters Its Plants During Chapter 11 Restructuring
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Tom’s Opinion: Is It Time to Abolish The Property Tax In Montana?

Currently we are getting about $1.75 in tax dollars back from Uncle Sam for every dollar we send in. It would sure be nice to reverse those numbers.

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(Getty Images Used with Permission)
(Getty Images Used with Permission)
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Inconvenient Marketing Will Kill Your Bottom Line

The hardest thing for business owners to do is turn responsibility over to others. No employee is going to give the business the same attention as the owner.

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