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August 17th, 2013

Plan now for small business succession

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Question: I plan to own and work in my own business for at least 10 more years. But I would like to eventually sell it to my employees. I know that most small businesses do not last past the first owner. What should I be thinking about now to make sure my business will last?
Answer: You need to do more than think you need to do.

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Your financial picture, from six angles

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When setting your financial goals, you first need to know your starting point. That’s why Denise Winston, a financial expert and author of “Money Starts Here: Your Practical Guide to Survive and Thrive in Any Economy,” recommends that people take the time for a 360-degree review of their finances. “It can be scary to sit down and take an honest look at your finances, but at the end of that process you will have information that ultimately should help you improve your situation,” Winston says.

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What do new investors really need to know?

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If you’re starting out as an investor, you might be feeling overwhelmed. After all, it seems like there’s just so much to know. How can you get enough of a handle on basic investment concepts so that you’re comfortable in making well-informed choices?
Actually, you can get a good grip on the investment process by becoming familiar with a few basic concepts, such as these:

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Local bank donates iPads

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First National Bank donated two new iPads to Hillcrest Elementary as a part of the Adopt-a-School program. Pictured left to right are Taylor Burt (FNB), Patrice Hilton (Principal), Samantha Lantrip (kindergarten teacher) and Clay Hipp (FNB).

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‘Bearcat Madness’ fires up RHS fans

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Ruston High fans came together to socialize and help celebrate the kickoff to the upcoming Bearcat football season Saturday as Bearcat Madness was held at Hoss Garrett Stadium.
Vendor tents offered food and drinks as well as games and merchandise, and everyone seemed excited to come out and show their school spirit.

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Punt, Pass and Kick set for Sept. 14

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Young pro football fans like Javontae Morris (kicking ball) will have the opportunity to exhibit their football skills when the Ruston Parks and Recreation hosts an NFL Punt, Pass & Kick competition at 9:30 a.m. Sept. 14
The competition is free and open to boys and girls ages 6-15.

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Bearcats battle Bastrop

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Ruston High School took on Bastrop in a mini-scrimmage held Friday at Ouachita Parish High School. Jaron Wright scored two touchdowns, including a 51-yard scamper, to lead Ruston to a 14-0 win.

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Leasing a fishing hole has its advantages

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Deer hunters usually have no qualms about shelling out the cash to join a hunting club. In so doing, they have access to pressure-free hunting.
However, you don’t just pay your annual fee and start hunting; there are food plots to build, plant and maintain, shooting lanes and trails to trim and stands to erect.

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RHS season tickets on sale

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Ruston High School football season tickets are now on sale.
The cost of a packet of tickets is $43 and includes tickets to the jamboree at West Ouachita and five home games.

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Lincoln Parish’s first people

Canadians refer to Native Americans as “The First People.”
The Lincoln Parish Museum is offering a glimpse into the lives of these “First People”with an exhibit donated to the Lincoln Parish Museum by W.W. Todd.
Artifacts found at the Lincoln Parish Native American village sites and surrounding parish sites show that the earliest residents were members of the Caddoen Culture (750-1700A.D.), Coles Creek Culture (800-1000A.D.) and Ouachita Culture (1000-1700A.D.).

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