What is the best incentive compensation plan for managers? Managers of acquired companies? or general managers? Incentives are just rewards associated with specific goals or actions. Goals should be (1) tailored to the economics of the specific operating business; (2)…
What are Monopolistic Businesses? By definition, a monopoly is the exclusive possession or control of the supply of or trade in a commodity or service. In reality, monopolistic businesses are rare and rarely exhibit full control of their market, but…
Walter J. Schloss was a well know Value Investor and former employee of Benjamin Graham at the Graham-Newman Partnership where he worked alongside Warren E. Buffett. Born in August of 1916, he began his career on Wall street at 18…
Franchise economics are those in which a company’s product or service are: If a company has all three of these characteristics it will demonstrate them by having the ability to regularly price its product or service aggressively and as a…