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BUILDING  BRIDGES
Supporting businesses by lending good money to good businesses.  
July 2010 - Vol 3, Issue 7
In This Issue
Remembering July 4th
Entrepreneur of the Month
Factoring FAQ
IRS Notice Things to Know
YellowPage Scams
The Last Half-Hour
Notary Facts
Product Recalls
July Holidays
July 4th Trivia
Thoughtful Thoughts
Big Dave
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Join Our Mailing List!
Quick Links
Greetings!
 
Lisa MazonAs we are about to celebrate the birth of our nation, Mazon would like to wish each of you a happy July 4th holiday enjoying and remembering the freedoms bestowed upon our country by our forefathers.  Please continue to pray daily for our country and our citizens.

 

In June, my brother, Johnny Mazon, moved to Irving, Texas from Knoxville, Tennessee with his wife and four young children.  He has been quite busy learning the factoring business and he currently is an account manager.  As our business continues to grow, he is a wonderful addition to our Mazon staff.  If you are in the area, please stop by to meet him!

 

On another note, JeriAnn Long has requested part-time status to allow her more time to be a mother and homemaker.  She is a valuable asset to Mazon Associates and will be working on several client-related projects going forward.

 

We wish you a happy and prosperous July!

 
Lisa Mazon
 
 

$$$ Refer & Earn $$$ 


Mazon_Referral_CheersBusiness contacts, friends, family and acquaintances -- you just never know when someone you know might need Mazon's accounts receivable services. See our referral program at the end of this newsletter.
 
 

Remembering Independence Day, July 4th 

  
Flag FireworksHave you ever wondered what happened to the 56 men who signed the Declaration of Independence?


Five signers were captured by the British as traitors, and tortured before they died. Twelve had their homes ransacked and burned. Two lost their sons serving in the Revolutionary Army, another had two sons captured.  Nine of the 56 fought and died from wounds or hardships of the Revolutionary War. They signed, and they pledged their lives, their fortunes, and their sacred honor.  What kind of men were they?


Twenty-four were lawyers and jurists. Eleven were merchants, nine were farmers and large plantation owners, men of means, well-educated. But they signed the Declaration of Independence knowing full well that the penalty would be death if they were captured.


Carter Braxton of Virginia, a wealthy planter and trader, saw his ships swept from the seas by the British Navy. He sold his home and properties to pay his debts, and died in rags. Thomas McKeam was so hounded by the British that he was forced to move his family almost constantly. He served in the Congress without pay, and his family was kept in hiding. His possessions were taken from him, and poverty was his reward.


Vandals or soldiers looted the properties of Dillery, Hall, Clymer, Walton, Gwinnett, Heyward, Ruttledge and Middleton.


At the battle of Yorktown, Thomas Nelson, Jr. noted that the British General Cornwallis had taken over the Nelson home for his headquarters. He quietly urged General George Washington to open fire. The home was destroyed, and Nelson died bankrupt. Francis Lewis had his home and properties destroyed. The enemy jailed his wife, and she died within a few months.


John Hart was driven from his wife's bedside as she was dying. Their 13 children fled for their lives. His fields and his gristmill were laid to waste. For more than a year he lived in forests and caves, returning home to find his wife dead and his children vanished. A few weeks later he died from exhaustion and a broken heart. Norris and Livingston suffered similar fates.

 

Such were the stories and sacrifices of the American Revolution. These were not wild-eyed, rabble-rousing ruffians. They were soft-spoken men of means and education. They had security, but they valued liberty more. Standing tall, straight, and unwavering, they pledged: "For the support of this declaration, with firm reliance on the protection of the divine providence, we mutually pledge to each other, our lives, our fortunes, and our sacred honor."


They gave you and me a free and independent America. The history books never told us a lot of what happened in the Revolutionary War. Our forefathers didn't just fight the British. They were British subjects at that time, and they fought their own government! Some of us take these liberties so much for granted - and we shouldn't.  So, let's take a few moments while enjoying our 4th of July holiday and silently appreciate these patriots and thank the God who moved them. It's not much to ask for the price they paid.

 
Entrepreneur of the Month:  Colonel Harland Sanders
 
Harland SandersJuly Fourth holiday festivities include parades, picnics, fireworks, and more.  But what would the holiday be without sharing a large bucket of "finger lick'n good" KFC chicken with family and friends!

 

Born on September 9, 1890 on a small farm just outside of Henryville, Indiana, Harland Sanders was only six years old when his father (a butcher) died, forcing his mother (a homemaker) to seek work to support the family, leaving Harland to take care of his two younger siblings and much of the family's cooking.  He held his first job at age 10 helping out at a nearby farm, and dropped out of school in seventh grade to work full time to help support the family. He was 12 when his mother remarried, and he left home at age 13 over conflicts with his new stepfather.

 

He enlisted in the U.S. Army as a private stationed in Cuba at the age of 16 (he lied about his age when enlisting).  After completing military service, he married Josephine Kling in 1908 and had three children in their 39 years of marriage. Though Harland held a wide variety of jobs, his skill as a cook remained. In the midst of the Depression in 1930 (age 40), while working as a gas station operator in Corbin, Kentucky, he opened his first restaurant in a small front room of his living quarters (using the family's dining table and six chairs) and was both chief cook and cashier.  He named the dining area "Sanders Court & Cafe" and sold complete meals to busy, time-strapped families who stopped in for gas - his slogan was "Sunday Dinner, Seven Days a Week."

 

Young SandersIt was during the 1930s that Harland developed his world-famous "Secret Recipe" for chicken. "In those days, I hand-mixed the spices like mixing cement on a specially cleaned concrete floor on my back porch in Corbin," the Colonel recalled years later. "I used a scoop to make a tunnel in the flour and then carefully mixed in the herbs and spices." Over the next decade, he worked to perfect his secret recipe.

 

When he first started cooking for folks in the 1930s, Harland used the normal pan-frying method for cooking his chicken. However, he felt that waiting 30 minutes or more for their food was not conducive to fast customer service for the average person. He experimented with the "Southern" method of frying in deep fat, which was quicker but the taste wasn't the same. Then sometime in the late 1930s, he purchased a newly-invented pressure fryer, which, after making a few adjustments and a lot of experimenting, he came out with the best chicken he'd ever tasted, and what we've come to know as Kentucky Fried Chicken was born. Today, there are several different kinds of cookers used to make Original Recipe Chicken, but every one of them fries under pressure, the principle established by Harland.

 

In 1936, Kentucky Governor Ruby Laffoon made Harland Sanders a member of the Honorable Order of Kentucky Colonels in recognition of his contribution to the state's cuisine.  He was re-commissioned in 1949 by Governor Lawrence Wetherby. Although he had been a Kentucky Colonel for nearly two decades, it wasn't until after 1950 he began to look the part, growing his trademark mustache and goatee and donning his white suit and black string tie.

 

PicnicAs more people started coming to his Corbin restaurant strictly for the food, in 1937 he purchased the roadside motel and restaurant across the street from the gas station, which expanded the restaurant's capacity to 142 seats.  Disaster struck in 1939 when fire destroyed the cafe, but Colonel Sanders quickly rebuilt and reopened for business.

 

Colonel Sanders and Josephine divorced in 1947.  He later (Nov. 18, 1948) married his long-time employee, Claudia Ledington Price. Shortly afterward, Colonel Sanders and Claudia began actively franchising his chicken business by traveling by car (accompanied many times by Claudia) going from town to town cooking batches of chicken for restaurant owners and employees. His first success came when in 1952 the first Kentucky Fried Chicken franchise was awarded to Pete Harman of Salt Lake City on a handshake agreement stipulating a payment of a nickel to Colonel Sanders for each chicken sold.

 

For years, Colonel Sanders simply carried his secret recipe in his head and the spice mixture in his car. Today, the recipe is locked away in a safe in Louisville, Kentucky - only a handful of people know the multi-million dollar recipe and each is obligated to strict confidentiality by contract! One company blends a formulation that represents part of the recipe while another spice company blends the remainder.  He later wrote, "It gobbles the mind just to think of all the procedures and precautions the company takes to protect my recipe, especially when I think how Claudia and I used to operate. She was my packing girl, my warehouse supervisor, my delivery person - you name it. Our garage was the warehouse . . . . After I hit the road selling franchises for my chicken, that left Claudia behind to fill the orders for the seasoned flour mix. She'd fill the day's orders in little paper sacks with cellophane linings and package them for shipment. Then she had to put them on a midnight train."

 

The value of his restaurant in Corbin was $165,000 in 1953, but fell dramatically when plans for a new highway took shape and bypassed Corbin.  He auctioned off the property in 1956 (age 66) to pay his mounting debts.  He and Claudia were almost broke living only on his monthly social security check of $105.  He decided to go on the road to sell his Secret Recipe to restaurants.  By 1960, his hard work paid off with 190 Kentucky Fried Chicken franchises and 400 franchise units in the U.S. and Canada. By 1963, he made $300,000 a year in profits before taxes.

 

KFC BucketIn 1964 (age 74), with over 600 franchised outlets, Colonel Sanders sold his interest in the company for $2 million (plus a lifetime salary of $40,000, later increased to $75,000) to a U.S. group of investors, but the deal did not include the Canadian operations. Colonel Sanders moved to Ontario with Claudia and continued to collect franchise fees and remained a public spokesman for the company, collecting fees for his visits to franchises.  Heublein Inc. acquired the company in 1971 and three years later, Colonel Sanders sued the company because he did not like changes they had made to the product; the suit was settled out of court for over $1 million. R.J. Reynolds Industries, Inc. (now RJR Nabisco, Inc.) acquired the company in 1982 for $840 million, In 1986, Nabisco sold KFC to PepsiCo, who in 1991 changed the name from Kentucky Fried Chicken to KFC apparently in an effort to disassociate itself from the term "fried." PepsiCo created Tricon Global Restaurants, Inc. in 1997 (PepsiCo's quick service restaurants KFC, Taco Bell and Pizza Hut). In 2002, Tricon changed its corporate name to YUM! Brands,Inc., which today is the world's largest restaurant company in terms of system restaurants. Every day, more than 12 million customers are served at KFC restaurants in 109 countries and territories around the world.  KFC operates more than 5,200 restaurants in the United States and more than 15,000 units around the world. More than a billion of the Colonel's "finger lickin' good" chicken dinners are served annually worldwide.

 

Colonel Sanders and Claudia lived in Shelbyville, Kentucky when in June of 1980 was diagnosed with acute leukemia and died of pneumonia on December 16, 1980 at the age of 90. He was buried in his characteristic white suit and black string tie at Cave Hill Cemetery in Louisville, Kentucky.  Until his death, the Colonel traveled 250,000 miles a year visiting KFC restaurants around the world. Claudia Sanders died on Jan. 1, 1997 at the age of 94 and she now rests beside her husband.
 
 
As a Mazon Client, will you provide my customers with replacement invoices?
 
FAQ

 

Yes, we will fax or email a replacement invoice to your customer.  This is a quick and easy process for Mazon as all client invoices are stored online, and takes only a short time to retrieve and send requested invoices.  There is no additional cost to our clients for this service.

 
 
 
Eight Things to Know If You Receive an IRS Notice
 
IRS NoticeThe Internal Revenue Service sends millions of letters and notices to taxpayers every year.  Here are eight things taxpayers should know about IRS notices - just in case one shows up in your mailbox:
 

1)  Don't panic.  Many of these letters can be dealt with simply and painlessly.

2)  There are a number of reasons why the IRS might send you a notice.  Notices may request payment of taxes, notify you of changes to your account, or request additional information. The notice you receive normally covers a very specific issue about your account or tax return.

3)  Each letter and notice offers specific instructions on what you are asked to do to satisfy the inquiry.

4)  If you receive a correction notice, you should review the correspondence and compare it with the information on your return.

5) If you agree with the correction to your account, then usually no reply is necessary unless a payment is due or the notice directs otherwise.

6)  If you do not agree with the correction the IRS made, it is important that you respond as requested.  You should send a written explanation of why you disagree and include any documents and information you want the IRS to consider, along with the bottom tear-off portion of the notice. Mail the information to the IRS address shown in the upper left-hand corner of the notice.  Allow at least 30 days for a response.

7)  Most correspondence can be handled without calling or visiting an IRS office.  However, if you have questions, call the telephone number in the upper right-hand corner of the notice.  Have a copy of your tax return and the correspondence available when you call to help the IRS respond to your inquiry.

8)  It's important that you keep copies of any correspondence with your records.

 

For more information about IRS notices and bills, see Publication 594, The IRS Collection Process. Information about penalties and interest is available in Publication 17, Your Federal Income Tax for Individuals. Both publications are available at IRS.gov or by calling 800-TAX-FORM (800-829-3676).
 
 
Beware of Online YellowPage Directory Scams
 

Yellow PagesHere is a scam we found that has been on the increase across the United States and Canada directed at businesses:  The caller, or in a few cases, a fax message, says they want to update your online listing, or they may make a phony offer to add your existing legitimate listing to an internet directory.  These scammers may actually publish your details (on paper or online), but in directories that are next to useless - neither promoted nor distributed effectively.  This enables the scammers to actually stay inside the law!

 

If you are running a small business, whether you have or have not advertised in YellowPages types of directories, be very wary about unsolicited telesales calls or official-looking invoices and order forms.  Don't place a listing order without thoroughly checking out the solicitor.  And check the sender details and the fine print on any documents you receive.

 
 
The Last Half-Hour
 

SleepIt is very easy to overlook the last half-hour of the day, but it is actually one of the most important windows of opportunity for making your dreams a reality.  While you sleep, your subconscious mind goes to work and processes the information that you fill it with just before you go to bed.  Many people spend the final half-hour of their day watching TV in an attempt to relax.  Unfortunately, most television executives seem to think that the best thing we can watch just before we sleep are graphic images of violence and murder. The question is, do you want your subconscious mind to be processing these disturbing images all night long?

 

The last half-hour of the day is an opportunity to give your subconscious mind "homework" to complete while you are asleep.  The best way to use this opportunity is to find a quiet spot and spend a few minutes reviewing your written goals.  Next, plan the following day and write down what you need to do in your dairy or planner.  This will also help you get to sleep because once you've written it down, you can just let it go and stop thinking about things.  Finally, spend a few minutes reading or listening to something inspirational.  When you finish your day this way, you will find that you often wake up with new ideas and insights that your subconscious mind discovers while you are sleeping.  (Reprinted with permission from Dr. Anthony Fernando, www.anthonyfernando.com)

 

 

 
Notary Facts 
 
Mazon_Notary
There is no such office as "Notary Private."  Notaries are commissioned to serve everyone who makes a lawful and reasonable request during normal business hours. Public servants like police officers, firefighters and Notaries should not turn people away in a time of need.  This does not mean that the Notary must immediately "drop everything" when a notarization request is made by a walk-in- non-customer or non-client, but an attempt should be made to accommodate this member of the public in a reasonable time or to schedule an appointment when the request can be fulfilled.
 
 
Product Recalls 
 
RecallsThe following recent recalls were issued by the U.S. Consumer Product Safety Commission:  Hoover WindTunnel T-Series Bagless Upright Vacuum Cleaners with Cord Rewind Feature (Imp: Hoover, Glenwillow, OH); Notebook computers (Mfg: Sony Electronics, San Diego, CA); Salomon "Quest Touring Pads" and Salomon "Quest Pro Pebax" and "Quest Pro" touring style ski boots (Imp: Salomon USA, Ogden, UT); Power Inflator (Imp: Aqua Lung America, Vista, CA); Powertec Drill Presses (Mfg: Southern Technologies, Mundelein, IL); Super Lightning Rockets (Dist: Big Fireworks, Lansing, MI); Power Adapters for heated pet beds (Imp: Radio Systems Corp., Knoxville, TN); "Shrek Forever After 3D" Collectable Drinking Glasses (Dist: McDonald's Corp., Oakbrook, IL); Night Train Amplifier Carrying Cases (Imp: VOX Amplification, Melville, NY); Succulent plant-shaped decorative candles in a pot (Imp: Crate and Barrel, Northbrook, IL); GE Front-Load Washing Machines (Mfg: GE Appliances & Lighting, Louisville, KY); Dritz Quick Cut Electric Scissors (Dist: Prym Consumer USA, Spartenburg, SC); Dishwashers (Mfg: Maytag Corp, Newton, IA & Benton Harbor, MI); IKEA Sultan Heidal spring mattresses (Dist: IKEA Home Furnishings, Conshohoken, PA).

 

More details on these and more recalled products can be found at www.cpsc.gov.  To report a dangerous product or a product-related injury, call CPSC's hotline at 800-638-2772. 
 
July 2010 Holidays, Observances, Celebrations and Events 
 
Balloons

July 2:  Salvation Army Founders Day; July 4: Independence Day; July 20: Moon Day; July 23: National Hot Dog Day; July 25: Parents Day; July 2: Cross Atlantic Communication Day; July 30: Father-in-Law Day.

 

Notice:  Mazon offices will be closed on Monday, July 5th in observance of Independence Day.  We will resume normal business hours of 8:30 a.m. to 5:00 p.m. on Tuesday, July 6th.  You may still submit invoices during our closed hours via fax, e-mail or drop-slot to be processed on Monday.

 
 
July 4th Trivia 
 

FireworksFireworks were originally developed, according to most scholars, in the second century B.C., in China.  The loud explosion was perfect for frightening off spirits, celebrating weddings, battle victories and eclipses of the moon.  It was used in religious ceremonies and later adapted for military use during the Middle Ages in the form of flaming arrows.  The original skyrocket used a long wooden or bamboo stick to provide stability through flight.  The popularity of fireworks has grown in recent years due to spectacular effects of colors and sounds.  Fireworks have evolved into an emotional experience that includes choreographed music with precise launch timing to create a dazzling spectacle.

 
 
Thoughtful Thoughts
 
Goals 

Long-range goals keep you from being frustrated by short-term failures.


- James Cash Penney (1875-1971)

 

 
Big Dave
  

SumoOne day, Eric, a bus driver, was in his bus when the biggest man he had ever seen got on.  The giant looked at the driver and growled, "Big Dave doesn't pay!" and took his seat.  Eric was only a little man and he didn't really want to argue.  This happened for several days.  After a week, Eric was beginning to get a little angry.  Everybody else paid, so why not the big man?

So, Eric went to the gym and started a bodybuilding course - he didn't want to be frightened of Big Dave any longer.  Eight weeks later the driver had strong muscles and was feeling very fit.

At the usual stop, Big Dave got on, "Big Dave doesn't pay!" he barked.  But this time Eric was prepared for him.  He stood up, shaking a bit, and said between clenched teeth, "Oh, yeah? And why doesn't Big Dave pay?"

"Because Big Dave has a bus pass!" the man replied.

 
 

      Earn 10% Monthly Referral Fees!

 
No Expiration Date!

Cash LeftCash RightMost of Mazon's clients have come to us through referrals of current and former clients.  We rely heavily on word-of-mouth marketing to bring in new clients.  Our monthly referral payment to you is 10% of our monthly factoring fee (determined at the time of client sign-up) and continues for as long as the business remains with Mazon Associates.

Potential clients include start-up businesses, high-growth businesses, undercapitalized businesses with historical operating losses, businesses with tax liens, turnaround situations. Other potential clients could be businesses who have been turned down for a bank loan and/or do not currently meet a bank's credit criteria; have delivered a service or product to other businesses and have invoices that can be independently verified; expresses cash flow problems and have a cash flow need; and/or companies expecting rapid growth.  The potential client can be located in any of the 50 states.

Prospects are usually businesses that are manufacturers, distributors and service companies. Traditionally, Mazon has had businesses in the following areas: advertising; apparel, courier/delivery services, environmental service companies; manufacturing; printing; start-up and early stage/growth companies; staffing companies; telecommunications; and transportation.

We do not accept businesses which have a majority of consumer receivables such as retail businesses, progress billings, third party pay medical receivables and certain construction-related businesses.

 


For more information on our referral program, please contact Lisa Mazon at 972-554-6967 ext. 238 or 1-800-442-2740, or by email lisa@mazon.com

(You are not required to be a Mazon client to refer a business and receive a referral fee!)

 
 
Idea BulbIf you liked this issue of Building Bridges, please forward it to a friend.  We invite you to share your newsletter thoughts with us.  If you would like to submit an idea, article or joke for consideration in a future issue of Building Bridges, or just want to tell us how we are doing, please email our creator and editor, Linda Burson, at MazonNewsletter@Mazon.com.
 
Building Bridges carries no paid advertising.  All articles, images and links are for our readers' knowledge and enjoyment only.
 
Mazon Associates, Inc.
600 W. Airport Fwy., Irving, TX 75062
P.O. Box 166858, Irving, TX 75016
Telephone: 972-554-6967     Toll Free: 800-442-2740
Fax: 972-554-0951
Business Hours:  Mon.-Fri. 8:30 a.m. - 5:00 p.m.
Website:  www.Mazon.com