Monday, November 05, 2001

Morning Memo

Hot tips and news to start your business day

        Today's Number: 500 - How many of its 4,000 pizza stores that Detroit-based Little Caesar Enterprises Inc. plans to sell to franchisees, leaving it with just 50 to 100 company-owned outlets.

        Today's Career Advice: Track record or experience doesn't mean as much to an organization as a job candidate's behavior, says Frederick W. Wackerle in The Right CEO: Straight Talk About Making Tough CEO Selection Decisions. “Candidates who claim to have never failed are usually being dishonest,” he said in the book that focuses on how to find, attract and woo executives. “Candidates who answer the question (about mistakes) completely provide evidence not only of their honesty but whether they learned from a particular failure.”

        Today's Money Tip: It's exciting to find out that something that gathered dust in your attic for years is worth thousands of dollars. But before you decide to cash in, check the tax consequences. The profit on the sale of collectible items is generally taxed as a capital gain at 28 percent.

        Today's Company: Henry A. Leist Realtors

        FOUR DECADES OF DEALS: Henry A. Leist's enterprise was a birthday gift to himself. On March 15, 1961 — his birthday — he opened his office in Golf Manor. The company first expanded to offices in Roselawn and is now in Blue Ash.

        BUILDING A NETWORK: Roger Leist is owner of the firm and has a staff of about 20 real estate agents. They serve clients in Hamilton, Clermont, Butler and Warren counties.

        SMOOTH MOVES: The company's relocation services are affiliated with Relocation Resources International, which allows Leist staff to assist Cincinnati-area residents with a move anywhere in the world.

        Send tips and questions to Bill Ferguson at


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