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Showing results 11 - 19 of 19 for the tag: Jim Sturgill.
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Estate Planning—Where Are the Coin Collectibles? (7/25/08)
During the early 1980s, one of my favorite clients was the owner of an antiques shop who also owned a restaurant and bar with several pool tables. The client was rather elderly but quite alert and worked long hours seven days a week. During the 1930s, ’40s and ’50s, his restaurant supplied area service clubs with fried chicken and fried fish (known as a chicken fry or fish fry).
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18 Things Worth Knowing about the Business of Antiques and Collectibles (7/22/08)
In case you didn’t know:
* There are more than 41,500 antiques shops/dealers in the U.S.A.. according to the “2008 Business Reference Guide.”
* Many antique shops have sold for 20% of annual sales plus inventory at cost. This is a rule of thumb and not applicable to all antiques shops.
* Most antiques shops are started by collectors.
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Antiques Shops Make More Money “Buying Right” (7/5/08)
Many years past, I learned an important lesson that applies to most, if not all, businesses, antiques and collectibles shops included. The president of a local meat-packing company and I were reviewing the company’s financial statements and one-year outlook.
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Antiques shops make more money “buying right” (7/3/08)
Many years past, I learned an important lesson that applies to most, if not all, businesses, antiques and collectibles shops included. The president of local meat-packing company and I were reviewing the company’s financial statements and one-year outlook. This was an intense meeting as competition was fierce and the company’s survival depended on the decisions made and business model chosen.
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Collecting Can Be Wise Investing (6/20/08)
Over the years I have met many folks who collect
antiques, fine art and collectibles. They talk about
their acquisitions enthusiastically and devote their
free time to them. It’s obvious that they collect for
pleasure and curiosity – not because they are looking
to make money.
Over time they make some wise and interesting choices,
and then a funny thing happens. That stamp collection
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SUVs – A Tax Benefit for Collectors (5/30/08)
Did you know that large sport utility vehicles (SUVs) are classified as trucks and subject to truck safety requirements? For income tax purposes, they do not qualify as passenger vehicles and are exempt from the luxury-auto dollar caps.
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