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Thursday, July 24, 2003

Morning memo


News and tips to start your business day

Today's number: $1,100

Projected amount that every Alaskan man, woman and child who has lived in the state at least a year will receive this year as a dividend from the state's oil wealth savings account; that's down from $1,541 last year.

The Associated Press

Today's mover

Andy Reed has been named vice president of financial services at Acordia. Reed will be responsible for serving existing clients and generating new business in Southwest Ohio and Northern Kentucky. He was senior account executive with United Healthcare. He graduated with a bachelor's degree from Miami University.

Shirley Dees

Today's career talk

What is the right hourly rate to charge for your labor when you work at home, wonders Barbara Brabec in her book Homemade Money: Starting Smart. Start with your preferred annual net, estimate the number of work hours per week, multiply by 50 weeks to get an hourly figure. Then add expenses and divide by the number of working hours annually. Add the hourly expense figure to the hourly income figure to figure out how much to charge for a desired annual net income.

John Eckberg

Today's money tip

When figuring out how much insurance to buy, consider what you want the money to do. Pay off debts? Create a regular income stream? Provide a college education? Figure out how much coverage your goal requires, then shop for the best rate for the amount of coverage you want.

Amy Higgins

Today's Company: Advanced Handling Systems

Handling Flow: Founded in 1985, this Madisonville company provides planning, design, implementation, evaluation and integration of materials handling systems.The company's niche is streamlining operations to increase speed, efficiency and ergonomic design.

Expert Advice: Advanced Handling Systems employs about 20 people, many of whom have backgrounds in operations for retail and distribution companies.

From Clothes To Candy: Clients include Gap, Innotrac, Airborne Express (now DHL), Evenflo, Kohl's and Galerie Au Chocolat. In addition, Advanced Handling is working with Finish Line on that company's $7 million facilities expansion in Indianapolis.

Jenny Callison



Bell-revamper Mooney leaves job
Delta pilots resist pay cuts
Get yer sports stuff here
Postal Service advised on how to better operate
Convergys profits down in 2nd quarter
'Color power' is latest line of uniforms
West Chester shopping center debuts with Target
Tristate summary
Business digest
Morning memo
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