Rising Interest Rates

The Fed is expected to make a move soon; what will the impact be?

by Phil Britt

The Federal Reserve is expected by many economic experts to hike interest rates as soon as September and perhaps again in December.

The Fed took a pass on increasing the Federal funds rate at its June meeting, with Federal Reserve Chairwoman Janet Yellen saying the board needed further …

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Posted in Business, Current Issue, Finance, Summer 2015 | Leave a comment

Business Plan Basics

Spell out your plans in detail in order to get startup financing.

For startup ventures, a well-written business plan will play an important role in the success of the business, but also will be required by banks to consider financing. The business plan basics should provide the bank with an overview of the company, market and competition, along with financial projections.

I highly recommend that …

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Posted in Current Issue, Summer 2015 | Leave a comment

CEO Profile of John Phair

IT’S A HIT John Phair, managing partner, president and CEO of the South Bend-based
Holladay Properties, pictured at Four Winds Field, home of the South Bend Cubs.

John Phair leads Holladay Properties in creating headlines and jobs across much of Indiana.

by Michael Puente

Hardly a week goes by when Holladay Properties isn’t in the news.

Whether it’s opening new commercial complex to construction of a new hotel location, Holladay Properties is involved in many business dealings across the northern part of the state and beyond.

“We’re into vertical integration these days. …

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Posted in Business, Current Issue, Leader & CEO Profiles, Summer 2015 | Leave a comment