2 Broadcaster Press June 6, 2017 www.broadcasteronline.com Dave Says Buy Leased Building? Dear Dave, I’ve operated my own small business for a couple of years. In that time, I’ve been leasing the building that houses my company. How do you know when the time is right to buy a place and stop leasing? James Dear James, I’m a big fan of leasing the first few years after starting your own business. It’s even better if you can work out of your home, but I understand Dave that’s not always practical. In my mind, you should only buy a building when you have a good idea what your building needs will be from a solid track record. Growth is a good thing, but in some cases you may want to hold off buying a building if you’re growing too rapidly. Don’t make the mistake of focusing too much on real estate and not enough on generating revenue and managing your growth intelligently. You would also want to make sure you’re going to be in anything you buy for a while, because you don’t want to be stuck with a residual value. A residual value is the remaining value of an asset after it has been fully depreciated. In the first three to five years of starting your business, you should lease. After that, you can choose to lease with an option to buy or, in the right situation, buy a building — debt-free, of course. — Dave RAMSEY Dear Joel, I think out of three things – school, work, and where you live – you need to decide which is your number one priority. If it were me, school would come first. In order to go to school without borrowing money, you’re going to have to work. Getting out of school on time, and attending some of the events that will take you toward your career, will preempt work. You’ll have to work enough to pay for things, but if you can finish school and hit your academic and graduation goals while staying at home a little bit longer, that’s a pretty good deal. It’s a nice thing your parents are offering, but I can understand your desire to be out on your own. I want you to be out on your own as soon as you can, too. But if you do that right now, you’re going to have extra bills and be forced to work even more. That’s going to disturb your entire school process. Guess what your number one priority was in that scenario? Moving out! If it’s the tail that’s wagging the dog, it has become the number one priority. If it’s disrupting work, and thereby disrupting your academics, then you’ve put your priorities on the wrong thing. In my mind, the number priority should be finishing school on time, and attending as many connected events as possible. Meanwhile, you’re working so much that you’re able to continue doing all this debt-free. If that means you’re staying at home a little bit longer to pull it off — do it! — Dave What’s Your Priority? I’m trying to figure out how to move out and continue working, Dakota Senior Meals Thursday – Grilled Ham and Cheese Sandwich, Fruit Parfait, OJ Friday – Cooks Choice Monday – Swiss Steak with Onion and Tomatoes, Baked Potato, Oriental Blend Veggies, Fresh Fruit Tuesday – BBQ Ribs, Potato Wedges, 7-Layer Salad, Seasoned Spinach, Mandarin Oranges Wednesday – Beef Nachos with Pinto Beans, Strawberries, Peaches, Cranberry Orange Bar SD Guard Wins Gold In Army Communities Of Excellence Awards ARLINGTON, Va. - The 2017 Army Communities of Excellence Awards presented the South Dakota Army National Guard with a gold recipient award at the Pentagon, May 24. The ACOE Awards recognize top performance within U.S. Army, National Guard and Reserve installations/communities and their approach to systems management. "This award is proof positive that the South Dakota Army National Guard is a world class organization," said Maj. Gen. Tim Reisch, adjutant general of the SDNG. "Every one of our Soldiers should take great pride in the part they played in helping to achieve this milestone." The ACOE Awards follow a 12-month evaluation and score using the Malcolm Baldrige criteria for performance excellence. ACOE Awards score participants on how well they demonstrate maturity of key organizational processes and their ability to show results in areas such as leadership, strategic planning, customer focus, work force management and operational effectiveness. After placing as runner-up last year, Re- Romsdahl’s Repair & Remodel Carpentry, Decks, Interior & Exterior Painting, Refinishing, Drywall, & Ceramic Tile 18 Years in Business Free Estimates 605-670-2161 No Good Deed My wife, Donna, had a women’s conference, and I was going to be watching the children. We had been busy with while continuing my studies full-time and attending career-related events. We live in an area where the cost of living is high, so springtime, trying to get the garden planted, so she hadn’t had a chance to make bread. I’m not sure how to handle all the facets of this situation. “That’s okay,” I said. “If there’s one thing I’m an expert at, Joel * Dave Ramsey is America’s trusted voice on money and business, and CEO of Ramsey Solutions. He has authored seven best-selling books, including The Total Money Makeover. The Dear Dave, Dave Ramsey Show is heard by more than 12 million listeners I work weekends while attending college full-time. My parents each week on 575 radio stations and multiple digital platforms. have been generous enough to pay for most of my school expens- Follow Dave on Twitter at @DaveRamsey and on the web at es, and they let me live at home while I complete my degree. Still, daveramsey.com. Served at The Main Street Center & Town Square, “Meals on Wheels” Please call before 9:00am to schedule or cancel a meal at 624-7868. Menus listed below are June 7 - June 13. Menus are subject to change without notice. All menus are served with whole grain bread and 1% milk unless otherwise noted. By Daris Howard isch said the goal was to take lessons learned and apply them to this year's competition. "This competition is about readiness," said Reisch. "If you apply the principles and put them into practice, you'll learn that the investment has been very well placed." By using criteria established for the Malcolm Baldrige National Quality Award as a framework for performance assessment, the ACOE program helps participating Army installations/communities focus on providing excellence in facilities and services in support of Soldiers, their families and civilians. Baldrige-based performance assessments provide opportunities to identify best practices in installation management and reveal potential opportunities to apply appropriate performance improvement tools. Because of the gold finish, the ACOE Awards presented the SDARNG with $100,000 to enhance the organization even further. The money will support process improvement, specifically supporting workforce professional development. TODD’S ELECTRIC SERVICE “The Line To Power” Design/Build • Fiber Cabling • Commercial • Residential Service Calls • Boom Truck with Auger • Trenching Serving the Beresford and Vermillion Areas 1-800-560-2518 it’s making bread.” That’s actually true. In the years before we married, when I was single, I was an excellent cook. My mother had taught me how to make quite a few things before I headed off to college. Donna’s mother, on the other hand, wouldn’t let anyone else in the kitchen, so Donna and her sisters hadn’t learned. However, after we married, Donna became an excellent cook. Donna headed off to her women’s conference, and I set about running the house. I finally had all of the children fed breakfast, so it was time to make bread. As much as I like bread, I like rolls more, so I thought I would make some rolls instead. I set out the roll recipe. It said it would make between one and two dozen. I thought I ought to double it. I pulled out all of the ingredients. I warmed the milk and water and was just about to add the cup of sugar when one of my daughters came in and wanted some help fixing her dolly, whose arm had fallen off. I fixed the doll’s arm and then went back to cooking. I wondered what ingredient I was on, the sugar or the salt. It said a half cup of sugar and a teaspoon of salt. I had just remembered I was on the sugar when another daughter came in and wanted to show me a picture she had drawn. I’m not sure what it was, but it was colorful, and I complimented her on it. She left, and I went back to cooking. I was doubling the amounts in my mind, and I hurried to add the next ingredient before I was interrupted again. I doubled the half cup and put in one full cup of salt. I had no sooner done that when I realized it was supposed to be a cup of sugar and two teaspoons of salt. I looked at the ingredients I had already combined, and I knew I could throw it away and start over or I could just increase everything. I was determined not to waste a cup and a half of milk, so I found a conversion chart. One cup is equivalent to forty-eight teaspoons. I would need to increase everything to forty-eight times normal. I would need to add sixty-nine more cups of milk. With sixteen cups per gallon, that would be more than four gallons. I checked our fridge, and we barely had enough milk. I found our largest pan and warmed the milk. I found a supersize mixing bowl reserved for family reunions and started mixing. When I began adding flour, the bowl was about to overflow, so I had to separate it into other bowls. I finally had it all mixed, and I started rolling out the dough. By noon I had cooked quite a few batches, but I still had pans full of dough. By evening I had cooked most of the rolls. About dinner time Donna called to see if I needed anything before she left town. “Yes,” I replied. “We need milk.” “I thought we had plenty,” she replied. “I had to use some to make rolls,” I said. She seemed doubtful, but said she would stop at the store and get some. When she finally got home and walked into the house, she gasped. Just about every inch of counter space was covered with piles of rolls. She looked around and asked, “What happened?” I explained about the salt, and she laughed. “You were afraid to waste a cup and a half of milk and a little salt?” She wanted to know how many rolls I had made, so we started counting. We gave up after we had counted sixty dozen. After we had packed almost fifty dozen into our chest freezer, Donna sighed. “Next time,” she said, “just forget about the cup and a half of milk and start over.” 3x ...the Value For Your Classified! 605-624-4429 PRECISION PAINTING •Interior •Exterior •Commercial •Residential Quality Workmanship, Reasonable Rates 1221 Cornell St., Vermillion, SD • 605-624-5642 201 NW 13th St., Ste. 3, Beresford, SD • 800-560-2518 Are you managing your marketing with a business mindset? Since 1983 CLINT TUCKER 624-4621 VERMILLION SUMMER LUNCH MENU The Summer Food Program at Jolley Elementary will be serving lunch Monday through Friday from May 30th to July 28th from 11:00 am to 1:00 pm. This meal is FREE to anyone 18 or younger. For more information call 677-7000. Menu listed below is for June 7 - June 6. Menus are subject to change without notice. Wednesday – Baked Crispy Chicken Thursday – Hot Dog, Baked Beans, Chocolate Chip Cookie Friday – Pancakes with Syrup, Sausage, Baked TriTater Monday – Cheeseburger, French Fries Tuesday – Baked Mini Corn Dogs, Peas Vermillion High School The VHS Class of '77 wants to invite the Classes of '74, '75, '76, '78, '79 and '80 to Join US!! Live Music by the Warning Shots & a Reunion of old friends! First Dakota National Bank and Hurley and Associates invite you to one of three marketing seminars. Join us for discussion from a lender’s point of view, the philosophical view point of marketing strategies and case studies that carry into today’s market. VHS Where: Old Lumber Company When: June 17 at 8:00 p.m. Hope to see you! When: Thursday, June 15 Attend one of these sessions: • 10:00AM - The Pointe Golf and Event Center, 100 Truman Lane, Elk Point • 2:30PM - Legacy Bar and Grill, 103 Main Street, Newcastle, NE • 6:00PM - Vermillion First Dakota National Bank, 1110 E Cherry Street, Vermillion (Heavy Hors d’oeuvres will be served at this session) Space is limited. Please RSVP to First Dakota in Vermillion, 605-624-5555, or Elk Point, 605-356-0289. Our offices will be closed on Tuesday, July 4th for the Independence Day Holiday. EARLY DEADLINES for the July 4th Issues... 1110 E Cherry Street, Vermillon 117 W Main Street, Elk Point FirstDakota.com 126 W 2nd Street S, Brookings HurleyandAssociates.com Deadline: Noon Deadline: 11:00AM Thursday, June 29th Thursday, June 29th