Traveling salesman aims for million with bike rack invention
Cleve Kennelly of Scottsdale after three bikes stolen from his yard patents a collapsible five bike rack with a single lock. He teams with engineer David Helstan to form K H Enterprises and plans widespread sales, hoping to reach 200 000 racks in six months and a million dollars income from a $29.50 product. Kennelly, a University of Arizona grad and former Marine, expects national rollout with Harrison Manufacturing in Tempe.
MENTIONED IN THIS ARTICLE
Cleve Kennelly
Steve
Scottsdale
5008
N. 87Th Way
Kennelly
Cleve
Matt
University of Arizona
David Helstan
Phoenix
Harrison Co
Tempe
Municipal bonds explained for investors new to LA area
A plain language overview defines municipal bonds as promissory notes issued by public bodies to raise borrowed funds. It covers face values, typical maturities from 1 to 50 years, interest payments, issuer types from cities to school districts, and the importance of choosing suitable bonds for a portfolio.
MENTIONED IN THIS ARTICLE
Los Angeles
Midwest
J.K.F
Scottsdale VNB appoints Ron Chase as Scottsdale Main Office manager
Valley National Bank names Ron Chase assistant vice president and new manager of the Scottsdale Main Office replacing Dave Dennerline to focus Dennerline on Scottsdale Area Manager duties. Chase a New Mexico native and Air Force veteran, joined Valley Bank in 1961 and rose through operations officer and assistant manager roles before this appointment.
MENTIONED IN THIS ARTICLE
Ron Chase
Valley National Bank
Scottsdale
Earl L. Bimson
Chase
Scottsdale Main
VNB
Dave Dennerline
Dennerline
New Mexico
Air Force
Portland
Ore
From Dishrags to Riches Sambo’s alternative to franchising
Sam D Battistone and his father built a 200 unit Sambo’s chain in 14 years using a fractional action plan. Each restaurant shares ownership, with managers buying 20 percent and potential to gain stakes in multiple units while the parent firm retains majority control. This system aligns incentives and creates a cooperative leadership culture.
MENTIONED IN THIS ARTICLE
Sam D. Battistone
Santa Barbara
Calif
Sam Sr
Sambo’s
Scottsdale Road
Sixth Avenue
Battistone
Sambo
Antitrust Policy Reawakens in Arizona Under ASU Economics Chair
Dr. Robert L. Knox of Arizona State University notes Arizona has long halted antitrust enforcement but is seeing renewed activity through the Attorney General. The piece discusses resale price maintenance, sales below cost, and restraint of trade, plus potential repeal of the 1936 Fair Trade Law amid debates on small business impact.
MENTIONED IN THIS ARTICLE
Arizona
Robert L. Knox
Arizona State University Department of Economics
Attorney General
ASU Bureau of Business and Economic Research
Knox
Attorney General’s Office
ASU
Dr. Knox
First Annual National Association of Pet Cemeteries Meet
The first annual convention of the National Association of Pet Cemeteries is held at Mountain Shadows in Scottsdale through Saturday. More than 100 pet cemetery owners and product manufacturers from across the country attend as directors and officers are elected. The association formed in Chicago in July 1971 to address rapid industry growth.
MENTIONED IN THIS ARTICLE
The
National Association of Pet Cemeteries
Mountain Shadows
Scottsdale
Chicago
Also Mentioned on This Page
Paul Brown
Jack Earie
Helstan
K &H Enterprises
Harrison Manufacturing Co
Fargo, N.D
U. S
Municipal Securities Explained
Adam Smith
Judith G. Rhoades
Copley News Service
Judith
Rhoades
Scottsdale Vnb
Hallcraft Homes, Inc
Dallas G. Gordon
Gordon
Hallcraft
Leonard M. Altobello
Spur Circle Drive
Jerry B. Cain
East Rose Circle
Motorola Executive Institute
Oracle
Ariz
Government Electronics
Tucson
Elec
Tronics
William Bakrow
Institute
Alexander S. Barbanell
CSO
Home Life Insurance Company of
New York
Hawaii
Barbanell
JoAnne
Leroy Pope
UPI
Pet Association