By Benjamin MessingerMy favorite economics professor started our first class by asking: “What is the purpose of a business?” A classmate called out, “To make a profit.” Our professor replied, “Wrong! The purpose of a business is to MAXIMIZE profit! Making a profit leads to golfing in Ritzville. Maximizing profit...
By Robin WojtanikTerry Chick is among a growing percentage of Baby Boomers who rely on a Social Security check every month as a main source of income. But it’s not a position he expected to be in after decades of full-time work.[blockquote quote="Don’t call me frugal. Call me cheap." source="Terry...
By Beau RuffFew words evoke such strong negative imagery as the term “probate.” For most people, they are not sure exactly what probate entails, but they know they want to avoid it at all cost. Beau Ruff,Cornerstone Wealth StrategiesContrary to conventional wisdom — and unlike other states — Washington has...
By Wine News ServiceA Chicago company recently bought one of Red Mountain’s top vineyards.And one of Washington wine country’s most celebrated grape growers will be managing it.Dick Boushey will be oversee the 120-acre Klipsun Vineyard for Terlato Wines International, a leading importer and marketer. The company also owns such Napa...
By Melissa HeatonPasco High’s Purple Powerhouse team earned bragging rights, cash and a traveling trophy after showcasing their business savvy during Junior Achievement’s 10th annual High-Tech Business Challenge.[blockquote quote="Connecting students to the ‘real world’ of business – that is one of our priorities." source="Dana Munn, program specialist with Junior Achievement...
Wineries, winegrowers experiencing explosive growth since wine commission formed in 1987By Heather BradshawThis year marks the 30th anniversary of the Washington State Wine Commission, a marketing, communications and research organization that represents every licensed winery and every wine grape grower in the state. In 1987, early industry visionaries saw the...
By Wine News ServicePalencia Wine Co. plans to put 500 cases into the totes this yearA Walla Walla winemaker who is relocating part of his business to the Tri-Cities also is doing everything he can to reduce his carbon footprint.[blockquote quote="I’ve seen first-hand how much waste can be generated with...
By Paul GuppyWith so much commotion happening in our national government, it is reassuring to know one effective policy in our state is working every day, quietly and effectively, exactly as planned. Paul Guppy, Washington Policy CenterThat policy is based on the wise decision voters made in 2001 to enact...
By Beau RuffWe make money and we want to keep it. But, potential creditors are lurking around every corner. Perhaps it’s a professional malpractice claim. Perhaps it’s a divorce. Perhaps it’s a car accident. Perhaps it’s medical bills. Perhaps it’s a business lawsuit. How can you protect these assets so...
By Gary A. WhiteNothing worthwhile happens easily or quickly. But, it does happen. A case in point is TRIDEC’s FABREO (Food and Beverage Retention & Expansion Opportunities) program.One doesn’t have to look far to realize the Tri-Cities is located in the middle of one of the most dynamic food and...
