week in review

Well, It's the start of another workweek for me. I worry about being completely worn out by the end of it. It's kind of different having gotten so many things done during the weekend. I get paid this week, I'm looking forward to finding out how much I'm earning. This week, I think I have to resolve a few things going on with the rental property. Talk to the manager a bit, and figure out what's going on with regards to one of the leases that doesn't expire for a while. There's a proposal for an extension and an increase. I think the price is the important point in that and the terms less important as long as they don't change much. I'd like to standardize the leases. I suppose I'll push for waiting till we renegotiate the lease that is expiring and try to standardize the leases.
As for the expansion side, I suppose I should start looking into what to expand into. There's still a long way to go before that can go forward, but it never hurts to have more information.
On the personal side, I don't know what's on my to do list. It seems quite blank. Gotta move some money to my savings account once the hold clears, that isn't too exciting. I suppose most of my pay will be going into there as well. Maybe my only goal for now should be to simply sleep well.

plotting the future of the family business

It's just another chaotic day. Wow that mall has a lot of issues. I'm only just discovering the extent to which maintenance has been neglected on the air conditioning units. It's also drastically under insured. Right now coverage is about half what it should be. The record keeping is also incredibly poor. It's something I would like to change. We were recently approached with a hand written note, something that supposedly resulted from a lease renewal negotiation that nobody knew about. I don't have a copy of anything. Things seem to be very old school.
If things were entirely up to me, I'd run the company more formally. Heck, I'd go wit three mandates, running more formally, expanding the business holdings and providing actual shareholder return. Right now we've been ignoring all the shareholders and well, it's been running at very modest gains, a lot of it going into repaying the mortgage. If things were entirely up to me, I'd expand first. Probably either get a franchise or a second property. Right now there's been little incentive to repay debts outstanding to shareholders. We're not on any repayment schedule and there hasn't been any interest payments. If we had to pay that at the same rate as the mortgage we'd have never made a profit. Taking more control would come second. I'd offer to exchange some of the outstanding foreign held shares into an interest bearing debt with a repayment schedule. Then if I think the company will support it, I'll try to clear the balance sheet of the zero interest, zero repayment share holder debt. It just doesn't feel right having that and not providing any return.

I need a hug

I don't know why movies like that affect me so much, but I suspect that it highlights something that I'm missing in my life. Anyway, just finished watching Charlotte's Web and I need a hug.

Things not as they seem.

I found a note at work on Friday saying something about how they want to start the weekend shift up again next week and they want to hire ten people. That’s quite a lot for the size of our plant. Also, still no sign of the missing pay scale. I’d like to know what I’m earning instead of a vague, more than I was earlier. I suppose I just have to wait till next pay day.
As of yet, I’m not sure which of the shifts I like better. The last two hours makes a huge difference. Though I do love having four days off on weekends. Granted, everything is so pressed for time. I suppose I also like watching the markets on the weekdays. On weekends, I simply don’t know what to do. I guess it’s back to the old ‘I need a hobby’ line.

whoo, got a raise

I now have the raise that I was waiting for. They took down the pay scale though so I'm not entirely sure how much I'm getting right now. It was a fairly decent jump, not like a token amount. Granted, this whole thing is still a joke compared to what I should be making. Overall, I'm not sure this really changes much. Keeping expenses down probably has more of an impact right now.
With regards to expenses, I'm not fond of the idea of blowing a month's wage on car insurance. Then there's maintenance and fuel on top of that. Granted the price of insurance should go down once I get some experience.
There's also the trip to europe that my brother wants me to take. I don't know if that's really such a good idea. I think I'll probably be happier with a bit more security in my life. It's a long road and I'm not getting close to the end yet.

As I go back to work, someone dear to me is now homeless, and also unemployed. I'm not sure how to handle this. I've had a friend in a bad spot before, but he seemed to have little trouble finding work. It was more keeping a job that was his problem. I'm not too sure how to handle this, though it does cause me rather considerable concern. Overall, I suppose this increases my concern over my own security and further impresses upon me the need to build resources quickly. Though in the short run, I suppose the thing to do is to grow my cash reserve. That seems to be the universal answer for any situation where I don't know what to do. Wait for information and build cash in the mean time. Then hope that it's not too late to act.

Life goes on

Back to business as usual now. The investment property is under control again. The assets have been located and once we've got values for things, probating can begin. We also have to calculate capital gains though, which could take a while. On my to do list for today is catching up with July's accounting. This time, it's business. I've decided to just skip over my personal accounting for the month. There were too many transactions made that were split funny for me to really have the patience to deal with. Luckily for me, business does not really involve large numbers of odd transactions. I also had two software packages suggested to me by the accountant who's been handling my father's stuff, quick books and simply accounting. A review of those two packages is probably in order.