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VOL. TMN-6 | NO. 9 | Saturday, February 23, 2013
Weekly Issue
SPECIAL EDITION Women & Business

Blazing a Trail

Stephenson one of many leading way for women in Memphis business

Susan Stephenson is one of the most accomplished and highly visible women in the Memphis business community. She is the co-founder of Independent Bank, the city’s second-largest bank as ranked by assets and one that largely steered clear of the mortgage mess that dogged competitors during the financial bust.

Women Integral for City’s Best Version

There is a Memphis where important things get done against long odds and powerful opposition aimed specifically at the very people trying to accomplish these goals that most of us agree are worthy.

Breaking the Mold

Number of women entering commercial real estate industry growing

When Rosemarie Fair was named Broker of the Year in investment sales at last year’s Pinnacle Awards, she became the first woman ever to do so.

Incentives Help Bring More Women Into Business Fold

When Kimberly Taylor decided to launch her boutique K’PreSha, she considered East Memphis and Downtown.

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Malone Meets Challenges Head On at Helm of Carter Malone Group

Deidre Malone describes the day she resigned from her 10-year tenure as a marketing executive with ALSAC/St. Jude Children’s Research Hospital as the day she “walked out on faith.”

Budget Deliberations

County Commission has plenty to discuss at budget retreat

When Shelby County Commissioners get together Saturday, Feb. 23, at Memphis City Schools Central Nutrition Center for a county budget retreat, they will have a long menu of county financial matters to review.

J-Line Pump Growing in Collierville

A local pumping equipment manufacturer is increasing its presence in the Collierville market. 

City Looks to 1998 Klan Demonstration as Guide

The planned Ku Klux Klan demonstration March 30 at the Shelby County Courthouse is a demonstration inspired by the ongoing controversy over a park named for Confederate General, Ku Klux Klan Grand Wizard and slave trader Nathan Bedford Forrest.

Election Commission Still at Odds Over Errors

At one point during the Wednesday, Feb. 20, meeting of the Shelby County Election Commission, chairman Robert Meyers interrupted a detailed and lengthy lecture by election commissioner George Monger by saying, “I object to the leading question.”

Maximizing Madison

Stakeholders look to restore Madison Avenue as Downtown destination

The Downtown strip of Madison Avenue from the University of Memphis Cecil C. Humphreys School of Law to Fielder Square Apartments in its prime was the city’s financial hub.

Tax Zone Would Benefit Fairgrounds

The Tourism Development Zone that Memphis officials will seek in Nashville over the next three months would generate tax revenue from Cooper-Young, the Midtown Union Avenue corridor and Overton Square for the redevelopment of the Mid-South Fairgrounds.

Robilio Celebrates 30 Years on the Bench

Shelby County Circuit Court Judge Kay Robilio once told The Daily News the thing she’s most proud of in her professional life is never having an opponent since she’s taken office.

In Demand

Master of Social Work graduates facing bright job prospects

Twenty graduate students this spring will become the first to graduate with a Master of Social Work degree from the University of Memphis.

Medtronic Sees Revenues Increase

Medtronic Inc. announced on Tuesday, Feb. 19, higher than anticipated revenues of more than $4 billion for its fiscal third quarter ended Jan. 25, marking an increase of 3 percent as reported compared to the same period last year.

Brothers to Open Brewery on Broad

A new craft brewery is coming to one of Memphis’ up-and-coming areas – the Broad Avenue Historic District.

EdR Net Income Improves in Fourth Quarter

EdR reported a net income of $4.8 million in the fourth quarter, compared to a $5.8 million loss during 2011’s fourth quarter.

ZeroTo510 Accelerator Accepting Applications

The ZeroTo510 startup accelerator is now accepting applications from entrepreneurs who’d like to be part of the program’s sophomore season.

Future Talk

Former vice president promotes his new book in Memphis

Years off the campaign trail haven’t diminished the typical features of an Al Gore speech.

Late Judge Higgs Changed Local Politics

Funeral services for Shelby County Criminal Court Judge and Memphis mayoral contender Otis Higgs were pending and being planned Monday, Feb. 18, just days after his unexpected death.

Capital Gains Tax Could Hurt Local Real Estate

When investor/developer Phil Woodard sells his warehouse at 138 St. Paul Ave. in the South Main Historic Arts District to nonprofit ArtSpace this year for $850,000, he’ll be handing over $3,500 from his proceeds to the federal government.

Schools Merger Issues Moving on Several Fronts

The schools merger issue is moving again on several fronts less than six months before the first school year of the consolidation begins.

Dynamic Imaging

MRI Interventions boosts ClearPoint Neuro Intervention System

MRI Interventions Inc. is intensifying rollout efforts for its cutting-edge ClearPoint Neuro Intervention System imaging system.

Seminar: Uncertainty Pervades Real Estate

2013 will be a big year on many real estate fronts – foreclosures, property taxes and property values.

Dixon Hughes Adds Associates in Memphis

Dixon Hughes Goodman LLP, the largest certified public accounting firm based in the Southeast, is continuing to grow in Memphis.

SPORTS

Streaking Tigers Keeping Fans on Their Toes

In this era of University of Memphis basketball the home crowd is easily made restless. So when a 7-point halftime lead over Houston went away early in the second half as the Cougars tied the score 39-39, a community grumble rolled through FedExForum.

Williams Continuing Family’s Tennis Legacy

The other shoppers in the Knoxville grocery store probably don’t know who she is and certainly have no idea what she is doing.

MEMPHIS STANDOUT

Watt Tells Stories With a Paper Moon Touch

Someone who didn’t know Ryan Watt can already tell a lot about him and his work by the title of the Memphis-based production company dedicated to producing mostly local, Southern independent films he and a friend started in 2009.

MEMPHIS LAW TALK

Ryder Up to Challenge as Counsel for RNC

John Ryder of Harris Shelton Hanover Walsh PLLC was recently appointed general counsel of the Republican National Committee.

MEMPHIS NEWSMAKERS

Spence Named Vice President at Riverfront Development

Dorchelle T. Spence has been promoted to vice president at Riverfront Development Corp. Spence, who formerly served as director of communications, will assume broader organizational responsibilities to focus on providing strategic direction in addition to marketing, public relations, advertising, community relations, programming and government relations.

REAL ESTATE RECAP

Hand Family Files Loan on Local Properties

45 W. E.H. Crump Blvd.

SMALL BUSINESS SPOTLIGHT

So Southern Makes Functional Items Beautiful

Ideas behind small businesses tend to spring from familiar places and from entrepreneurs who see a need, have a passion, are good at what they do and want to turn it into a labor of love.

LOCAL COLUMNISTS

Granddad, Hambone and the KKK

IF THE KLAN DOESN’T LIKE YOU, PAT YOURSELF ON THE BACK. An Exalted Cyclops of the KKK – must be just one hole in his hood – recently told Channel 5, also quoted in The Huffington Post, “Y’all are going to see the largest rally Memphis, Tennessee, has ever seen. It’s not going to be twenty or thirty – it’s going to be thousands of Klansmen from the whole United States.”

Team Building Yields Fundraising Success

Part one of a two-part series. Will hiring a fundraising professional solve your fundraising challenges? Is it your secret wish that someone will take care of fundraising so you can focus on the “more important” work of your nonprofit? Perhaps you seek a million-dollar bequest from an unknown admirer.

Do You Need Life Insurance?

Ray’s Take For most people, life insurance decisions depend on two things: 1) whether anyone depends on your income to support their standard of living, and 2) whether you have enough other assets that could provide what is needed.

Avast!

If it looks like a boat and floats, it might not be a boat. So held the Supreme Court in mid-January. Fane Lozman was the owner of a house-like plywood structure with French doors on three sides. It consisted of a sitting room, bedroom, closet, bathroom, kitchen, stairway, and some office space upstairs. An “empty bilge space” below its main floor kept it afloat.

How Much is Too Much?

Show of hands – how many of us have those friends on Facebook that are over-sharers? Whether they are talking about that last taco they regret eating, their string of continuous bad dates, that very last beer they indulged in or other information that maybe we don’t really know them well enough to absorb, I think we all have those people in our news feed.

Marketing Strategies to Avoid

Marketing opportunities change so rapidly these days that it can be tough to keep up. If you’re unsure whether your brand is setting the pace or falling behind, take a look at the following marketing strategies to avoid in 2013.

Why Limit Yourself?

When consulting with clients here in the Memphis area, we often have to deliver the bad news first. This bitter pill usually comes in the form of a Sunset Analysis that details when the client’s once market-leading products will be costing more to keep in production than generating revenue.

Quiet Period Could Lead to Frisky Phase

Buyer Intent Building By some analysis, the last two weeks have exhibited the lowest stock market volatility since 1986. While sideways markets are boring, they also reduce anxieties. On average, since 1980, the S&P 500 experienced intra-year declines of 15 percent.

Mentorship Model Found at U of M

Let’s focus on a new form of mentorship, aimed at talent development and retention, with the University of Memphis’ LEAD program: Professional Connection Lunches.

Finding Office Lease Savings

If you have an office lease and you’ve ever received an invoice for a property tax and operating expense pass-through, you’ll want to read this article to make sure you understand the process. You may be paying more than you should.

The Before and After of Buying

When you spend several years selling, delivering and supporting a product or service, you naturally learn quite a bit about the logical questions someone should ask when they are contemplating buying the product or service you are selling. For example, if you have sold used cars for more than a decade, odds are you would do an absolutely fantastic job of questioning another used car salesperson and uncovering the most important issues related to a typical used car transaction. With your experience, you may or may not be a great seller of used cars – but I’ll bet you would be a great buyer of used cars. Hopefully, you would be both.

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RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 72 206 16,619
MORTGAGES 84 228 21,660
FORECLOSURE NOTICES 21 56 4,322
BUILDING PERMITS 0 209 39,587
BANKRUPTCIES 73 222 15,764
BUSINESS LICENSES 23 51 5,542
UTILITY CONNECTIONS 86 287 23,860
MARRIAGE LICENSES 21 72 5,107

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The Memphis News: Business, politics, and the public interest.