The retailer has far too many units of a product in his inventory. Last year, he only sold 10 widgets, but he now has 20 in inventory. Based on last year’s sales and prices, it would take 2 years to sell those widgets. He can’t return the widgets. He needs some cash flow, and the […]

Back in the late 1940s and early 1950s Lustron homes were sold at fairs and trade shows. The all metal, pre-fabricated homes were complete kits, ready to be assembled on your slab. While Memphis once had a number of these homes, there are only 2 remaining, and I just happen to have one listed. For […]

We real estate brokers must make it look really easy. Over the very recent years the number of licensed real estate agents in the Memphis Area Association of REALTORS has jumped from around 3000 to over 4800. There must be some draw to get folks to take the classes, pass the test, pay the fees, […]