Archives for James Montgomery

Johnny The Bagger

Published on October 23, 2010

May I Introduce You To Johnny The Bagger?

Every business needs to understand this concept.  What is that makes you stand out and be unique?
Watch this short movie. You will love it.

High’s Cafe, Comfort, Texas

We had a glass of wine and enjoyed meeting this store and its owner on Friday.

http://www.highscafeandstore.com/

Not far from San Antonio and a great place to enjoy an afternoon.
You can follow up at:
Meet me at the MEET MARKET !  Beer, Wine, Sodas, plus see memorabilia including The Beatles, Elvis & Vintage VW’s


Address: 714 High Street , Comfort
Hours: Open Weekends


Have You Converted Your IRA To A Roth?
Roth IRA Conversion Deadline Approaching Fast

If you’ve been thinking of converting to a self-directed Roth IRA, it’s time to act. The conversion deadline is December 31, 2010. For 2010 only, if you convert an existing retirement account to a Roth IRA, you can split the converted income amount between 2011 and 2012, which means that you won’t pay any taxes in 2010 on the amount converted. Talk with your tax advisor or financial professional to determine what’s best for you. The previous income limit ($100,000) for converting a Traditional IRA to a Roth IRA was lifted as of January 1, 2010.  Read more in this blog and consider attending one of our upcoming webinars on Roth conversion.

Congratulations to

Pedernales Brewing Company, LLC

Lee Hereford, Managing Member of Pedernales Brewing Company, LLC, has announced that the Company has successfully completed its subscription of membership units in excess of $500,000 for creating and operating a small regional craft brewery in Fredericksburg, Texas.  Pedernales Brewing will be manufacturing such brands as Lobo and Lobo Light.  For more information on the Company, Mr. Hereford may be contacted at (830) 992-0004.

Montgomery & Associates, PC is proud to have acted as advisor and counsel to Pedernales Brewing Company LLC.

Hang out with Eagles and watch your business soar!
James Montgomery
Of Counsel:
Elms Harmon Macchia, LLC
7800 IH 10 West, Suite 600
San Antonio, Texas 78230
210-690-3700
210-568-4550
Past issues have been archived on  jamesmontgomerylaw.com


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Pedernales Brewing Company, LLC

Published on October 23, 2010

Congratulations to

Pedernales Brewing Company, LLC

Lee Hereford, Managing Member of Pedernales Brewing Company, LLC, has announced that the Company has successfully completed its subscription of membership units in excess of $500,000 for creating and operating a small regional craft brewery in Fredericksburg, Texas.  Pedernales Brewing will be manufacturing such brands as Lobo and Lobo Light.  For more information on the Company, Mr. Hereford may be contacted at (830) 992-0004.

Montgomery & Associates, PC is proud to have acted as advisor and counsel to Pedernales Brewing Company LLC.

Have You Converted Your IRA To A Roth?
Roth IRA Conversion Deadline Approaching Fast

If you’ve been thinking of converting to a self-directed Roth IRA, it’s time to act. The conversion deadline is December 31, 2010. For 2010 only, if you convert an existing retirement account to a Roth IRA, you can split the converted income amount between 2011 and 2012, which means that you won’t pay any taxes in 2010 on the amount converted. Talk with your tax advisor or financial professional to determine what’s best for you. The previous income limit ($100,000) for converting a Traditional IRA to a Roth IRA was lifted as of January 1, 2010.  Read more in this blog and consider attending one of our upcoming webinars on Roth conversion.

Hang out with Eagles and watch your business soar!
James Montgomery
Of Counsel:
Elms Harmon Macchia, LLC
7800 IH 10 West, Suite 600
San Antonio, Texas 78230
210-690-3700
210-568-4550
Past issues have been archived on  jamesmontgomerylaw.com


Related Blogs

Filed in buy sell business | No replies

Settlement Credit Card Debt

Published on July 11, 2010

Settlement credit card debt negotiation might be the cure for your overwhelming debt problem. If your debt is for the most part unsecured, it can be negotiated and settled.

You may be pressured to take out a home equity loan to pay down your credit card debt. Don’t do it. The credit card debt is unsecured and using home equity creates secured debt.

You will probably find that the credit card company will not negotiate with you as long as your payments are current. Unfortunately, you will probably need to stop making payments in order to get their attention. It should not be that way but that is the way the system works.

Six months from your last payment, the debt becomes worthless on the books of the credit card company. A window will open up around the fourth month when you may be able to negotiate a lump sum or payment schedule with the creditor.

The card company will probably make an offer that seems entirely unreasonable. They are unreasonable for the most part. Your offer must be something that you can actually afford to pay. Never give them your checking account number or allow a draft to be made from your account. Too many unscrupulous creditors then try to take out multiple payments or as much as they can from your account.

In addition, you must be sure that the settlement is confirmed in writing. There are forms available that you can use. One of the primary goals that you must have is to have the payment of the debt reported as “paid as agreed”.

If you were not comfortable negotiating or need advice concerning settlement credit card debt negotiation, call upon an experienced adviser to get advice. Be very careful in using credit card debt settlement negotiators and make sure that you thoroughly check out the background of the company, particularly with the Better Business Bureau.

Don’t hire any debt settlement company unless you have learned the five things no one will tell you but you must know about settling debt.  Learn those by clicking here.

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Raise Your Prices

Published on May 25, 2010

Your Prices Aren’t High Enough?

OMG!  Economy is in the pits.  Your sales are down.  And your prices aren’t high enough?
In yesterday’s Wall Street Journal, March 24, 2010, the article “Raise Your Prices” was on page R6.  Here is a link

The article talks about the Four Steps in raising your prices:
1.  Identify Value Opportunities
2.  Set Priorities
3.  Align Price and Value
4.  Get Cooperation
Unless your product is just simply a commodity, you can differentiate, specialize and charge based on the value to the customer, not the time of production or the value to you.
Remember the plumber who charged not for hitting the water heater with a hammer, but knowing where to hit!


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Use A Credit Card Debt Settlement Company?

Published on May 19, 2010

Should you use a credit card debt settlement company?

On   http://www.myfinanceblogonline.com/archives/credit-card-debt-seem-impossible-to-repay-if-you-have-over-10k-a-debt-settlement-makes-sense-2/comment-page-1/#comment-5498, the blogger made this comment:

If you have over $10k in unsecured credit debt there is legitimate help out there. Instead of going right to a debt settlement company you might have heard on the radio or television, it would be wise to use a debt relief network. This way you can be assured that you find a legitimate company in your state. Check out the following link for a list of legitimate debt settlement services in your state:

Even with a referral network you have to be very careful.  If they want you to pay money into their bank account, start backing up.  If it is not a trust account that is insured, start running away.

You can do debt settlement by yourself.  If you need help, use an experienced debt negotiator.

Get more information

credit card debt settlement 100710

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