AUTUMN COLLECTIONS 2009
LOOKBOOK AUTUMN 2009
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created a deliberate leadership succession plan. They have passed the leadership roles on to Kathy Magnuson and Norma Olson, the systems and production coordinator. Mollie and Glenda are ready for changes in their personal lives and are enthused about this transition in the company as well.
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TITI AUTUMN 2009
Glenda and Mollie, as the two publishers, have
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Glenda continues as publisher, but has mostly removed herself from the day-to-day operations of the business. 6
For her, this continues to be more than a full-time activity, managing the books division, including the store, the library, book groups, retreats, Book Groups on the Road.
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TITI AUTUMN / WINTER 09
Now that the company is showing a profit, this flows through to shareholders and has an impact on their personal tax returns. 10
earnings to shareholders at an amount similar to the tax liability they incur.
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TITI AUTUMN / WINTER 09
The company distributes
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TITI AUTUMN / WINTER 09
At the most recent shareholders’ meeting, continuing to forgo additional distribution of profits, the shareholders voted in favor of using financial resources to invest in staffing and equipment.
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TITI AUTUMN 2009
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LOOKBOOK AUTUMN 2009
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