Los Angeles, Ca – Food and Drink

Los Angeles’ noted Brown Derby restaurant played host to many stars during Hollywood’s ‘Golden Age.’ The eatery was an example of novelty architecture, as it was built to look like a brown derby hat. The Brown Derby was the first restaurant to serve chiffon cake, a recipe invented by an insurance salesman and later given wide distribution by Betty Crocker.

It is said that the greatest food legacy of the Brown Derby is Cobb Salad. The dish was invented by and named after Bob Cobb, one of the restaurant’s owners. Bob’s wife asserts that he raided the refrigerator late one night and just chopped up some leftovers for a meal. Later that night, some of his Hollywood friends visited the restaurant and joined Bob in partaking of his concoction. When they began to ask for it on later visits, the rest was history.

The Brown Derby was named after a restaurant of the same name located in Malverne, New York that was a trendy vaudeville hangout. The first Brown Derby in Los Angeles, also called the Little Hat, opened its doors in February 1926, directly across from the Ambassador Hotel. It was often the site of after-parties following shindigs at the Coconut Grove nightclub. This was the only Derby that was actually constructed like a hat.

A second LA Brown Derby restaurant was opened on Vine Street, near the famous Hollywood and Vine intersection, on Valentine’s Day in 1929. Other Derbies were then constructed in Beverly Hills and in East Hollywood. The latter had a car cafe that followed the then-new drive-in trend.

The Brown Derby in Hollywood closed down in 1985. The building shell was restored and placed atop a strip mall on Wilshire. It is now colored orange and known as the Cafe SheeRi.

In June 2004, the Derby and adjacent lots were purchased by a realty company and the plan was to demolish it to clear space for a condominium complex. A group of interested parties, called ‘Save The Derby’ sought to prevent the shell from being demolished by getting it designated as an official historical landmark. Due to their efforts, in May 2006 the LA City Council voted unanimously to recognize the entire edifice as an official Historic Cultural Monument of the City of Los Angeles.

In an ‘I Love Lucy’ show episode Lucy, Ethel and Fred take in lunch at the Brown Derby. During the show, Lucy inadvertently causes a server to dump a plate of food on famed actor William Holden. Presently, there is a replica of the Hollywood Brown Derby at the Disney-MGM Studios in Florida’s Walt Disney World Resort.…

The Purpose of Business Valuations

If you are the owner of a business and you think it’s about time you retired or simply if you want to sell your business for personal or professional reasons, you are definitely going to need a business valuation and a good accountant. Selling a business, be it a small or a large one, is a big step and it should be done with the assistance of professionals.

For those of you who are not familiar with the terms, Business valuations represent the process by means of which we determine how much a business is worth. Usually, valuation is used to estimate the selling price of the business and to resolve business or legal disputes. Although this sounds quite simple, if you want concise, clear and fair Business valuations we suggest resorting to experts in this field since they know their business.

The most frequent issue when it comes to Business valuations is setting a value on all the assets of the business, including the intangibles such as good will, the trade mark, the client list, etc. For a fair and exact valuation of your business you will need to resort to the services of an appraiser, but be careful because there are several types of appraisers and you must choose the one you need.

A professional business appraiser will tell you that there are several types of Business valuations methods and that these methods will help you determine a fair price of the business that is to be sold. If you are selling your business we don’t recommend doing the valuation by yourself since you won’t be able to give a fair price and to make an honest estimation. The business valuator will determine the value of your business by means of the asset-based approach, earning value approach and market value approach.

The first approach that was mentioned above helps the business valuator to determine the net cash the owner would receive if all his assets were sold and his liabilities paid. By means of the earning value approach, the appraiser determines an expected level of cash flow for the company, basing his estimation on the company’s record of earnings. Finally, the market value approach establishes the value of your business by comparing your business with other similar ones that have already been sold.

Another aspect that should be dealt with the proper importance when selling your business is Accounting. If you have decided to sell your business, you need to know that your Accounting will be verified by the possible buyers and that it is in your best interest to offer them accurate reports. If you are having a hard time keeping track of your expenses and gains, it is better to hire an accountant. Thus, he will be the one doing the Accounting and making sure that everything is in order.

It is essential to budget your business in order to attain your goals. An efficient Accounting record will help you plan, control and evaluate your business. …

About The Hollywood Film Industry

The Hollywood film industry is an amalgamation of technological and commercial institutions of filmmaking. It generally consists of film production companies, film studios, cinematography, film production, screenwriting, pre-production, post production, film festivals, actors, directors, and film personnel.

Today the Hollywood film industry is positioned across the world. In this 21st century, the major business centers of filmmaking are concentrated in United States, India and China. Hollywood is a district in Los Angeles, California that is situated in west- northwest of Downtown Los Angeles. Due to its fame and cultural individuality of movie studios and movie stars, the word Hollywood is often used as a connotation for the cinema of United States which is popularly known as the Hollywood film Industry.

The history of the Hollywood Film Industry probably started in the hands of D.W. Griffith when the Biograph Company sent him and his crew. They started filming on a vacant lot in downtown Los Angeles in early 1910. Soon the company decided to explore new territories to find that the region was quite friendly and enjoyable for shooting.

Therefore, Griffith filmed the first ever movie shot in Hollywood. The title of the film was “In Old California”. The movie company then stayed there for months to shoot several of their films and returned to New York.

Starting in 1913, this wonderful place came into the limelight when moviemakers started heading to the west. The first feature film made in Hollywood was called ‘The Squaw Man” This resulted in the birth of Hollywood Film Industry.

Nestor Studio, founded in 1911 was the first movie studio in Hollywood. Fifteen other small studios also settled in Hollywood. Gradually, Hollywood came to be so powerfully associated with the film industry that this term began to be used as a synonym for the entire industry.

During the time period of the first World War, Hollywood become the movie capital of the world. Previously mentioned, Nester studio became the Hollywood Digital Laboratory. By the year 1950, music recording studios and offices began moving to Hollywood, though much of the movie industry remained there.

The world famous Hollywood Walk of Fame was constructed in the year 1958 and the first star was placed in 1960. The Walk of Fame was placed as a tribute to the artists working in the entertainment industry. It is embedded with more than 2,000 five pointed stars featuring the names of celebrities, as well as fictional characters.

Self-financing Hollywood Historic Trust maintains this Walk of Fame. The first star to receive this honor was Joanne Woodward. The artist received a star based on career and lifetime achievements in motion pictures, live theatres, radio, television, and music.

The famous Hollywood symbol, originally read Hollywoodland, was constructed in the year 1923 as an advertisement of a new housing development. The sign was left to worsen until in 1949 the Hollywood Chamber of Commerce repaired and removed the last four letters.

The sign located at Mount Lee, is now a registered trademark hence cannot be …

Decision Making In Business

Decision Making

Decisions are a part of our every day life, and it is no different in the business sector.

“A decision is the choice between alternatives that individuals must make to get from where they are, to where they want to be.”

Business’ have to make decisions on the following:
What to produce?
What method of production?
What price to charge customers?
What suppliers to use?
Where to locate?
How many people to employ?
What wages to pay staff?
What method of advertising?

Although all decisions are important, some decisions are more vital than others, as they can effect the survival of the business.
Other decisions will be of a more routine nature.
Eg – Do we take over a competitor?
Do we need to order more stationary?

3 Man Types of Decisions:

-Strategic Decisions-
Long-term decisions that effect the profitability and survival of a business.
Closely related to the aims of the business.
These decisions involve the most risk.
Strategic decisions are made by the top people in an organisation; CEs, Boards of Directors and Senior Managers.
Decisions that form the business’ long-term strategy, 10-15 years.
Example; Increase market share by 12% over the next 5 years.

-Tactical Decisions-
Short to medium decisions that are based upon the strategic decisions of the business.
Closely related to the objectives of the business (how will the strategic aims be met)
Tactical decisions are constantly reviewed and updated.
Example; Setting sales targets for the next 12 months.

-Operational Decisions-
Routine day to day decisions made by a business.
Helps organizations to achieve their objectives.
Involve solving short-term practical problems.
Sales managers assigning jobs to sale staff.…