Signs of the Times - February 2018 - 52

BUY,
MERGE
OR GO
HOME?
ALTHOUGH RISKY, A MERGER OR
ACQUISITION COULD QUICKLY
ADD SALES AND RESOURCES.

BY DAREK JOHNSON

EDITOR-AT-LARGE

On Feb. 8, 2016, in Kansas City, KS, Kenneth Voboril of
Overland Park was sentenced to 63 months in prison for
embezzling more that $6 million from an Overland Park
company. According to his plea, Voboril was hired by
Commodity Specialists Co. (CSC) to run its subsidiary,
TransMaxx, a firm that brokered trucking deliveries for
CSC customers, but Voboril devised a scheme to defraud
CSC by creating fake companies and billing CSC for
deliveries that never occurred. He created false truckload
information and entered it into the TransMaxx computer
system, resulting in invoices being created in the company
software system.
- Condensed from "Examples of Corporate Fraud
Investigations - Fiscal Year 2016," irs.gov

52

SIGNS OF THE TIMES

FEBRUARY 2018

NE easy way to grow your business
is either to buy another business or
merge with one. You've surely read that
Target plans to grow its business by
buying Shipt, a home delivery service
(aka "online delivery platform") that,
the Target chiefs believe, will allow it
to better compete with Amazon and Walmart, retail firms
that home deliver online purchases. This acquisition allows
an interesting case study because, Target's press release said,
the purchase will enable it to leverage its network of stores
with Shipt's same-day delivery technology to maximize
customer convenience. The red-bullseye retailer plans
same-day delivery for its major product categories by the
end of 2019, the release said. Meaning, we'll be able to
order, say, a KitchenAid toaster, wicker patio bench
or a head of broccoli online and have it delivered the
same day.
Target will pay $550 million for Shipt. Is acquiring Shipt
a good idea for Target? Can signshops learn by studying
such high-dollar processes?

O


http://www.irs.gov

Table of Contents for the Digital Edition of Signs of the Times - February 2018

Signs of the Times - February 2018
From the Editor
St Update
At Large
Tech Review
Vehicles + Vinyl
Design Matters
Nuts + Bolts
The Ultimate Soft Sell
Coming to Light
Buy, Merge or Go Home?
New Products
Advertising Index
Last Look
Signs of the Times - February 2018 - Intro
Signs of the Times - February 2018 - BB1
Signs of the Times - February 2018 - BB2
Signs of the Times - February 2018 - CT1
Signs of the Times - February 2018 - CT2
Signs of the Times - February 2018 - Signs of the Times - February 2018
Signs of the Times - February 2018 - Cover2
Signs of the Times - February 2018 - 1
Signs of the Times - February 2018 - 2
Signs of the Times - February 2018 - 3
Signs of the Times - February 2018 - 4
Signs of the Times - February 2018 - 5
Signs of the Times - February 2018 - 6
Signs of the Times - February 2018 - 7
Signs of the Times - February 2018 - From the Editor
Signs of the Times - February 2018 - 9
Signs of the Times - February 2018 - St Update
Signs of the Times - February 2018 - 11
Signs of the Times - February 2018 - 12
Signs of the Times - February 2018 - 13
Signs of the Times - February 2018 - 14
Signs of the Times - February 2018 - 15
Signs of the Times - February 2018 - 16
Signs of the Times - February 2018 - 17
Signs of the Times - February 2018 - 18
Signs of the Times - February 2018 - 19
Signs of the Times - February 2018 - At Large
Signs of the Times - February 2018 - 21
Signs of the Times - February 2018 - 22
Signs of the Times - February 2018 - 23
Signs of the Times - February 2018 - Tech Review
Signs of the Times - February 2018 - 25
Signs of the Times - February 2018 - Vehicles + Vinyl
Signs of the Times - February 2018 - 27
Signs of the Times - February 2018 - 28
Signs of the Times - February 2018 - 29
Signs of the Times - February 2018 - 30
Signs of the Times - February 2018 - 31
Signs of the Times - February 2018 - Design Matters
Signs of the Times - February 2018 - 33
Signs of the Times - February 2018 - 34
Signs of the Times - February 2018 - 35
Signs of the Times - February 2018 - Nuts + Bolts
Signs of the Times - February 2018 - 37
Signs of the Times - February 2018 - 38
Signs of the Times - February 2018 - 39
Signs of the Times - February 2018 - The Ultimate Soft Sell
Signs of the Times - February 2018 - 41
Signs of the Times - February 2018 - 42
Signs of the Times - February 2018 - 43
Signs of the Times - February 2018 - 44
Signs of the Times - February 2018 - 45
Signs of the Times - February 2018 - Coming to Light
Signs of the Times - February 2018 - 47
Signs of the Times - February 2018 - 48
Signs of the Times - February 2018 - 49
Signs of the Times - February 2018 - 50
Signs of the Times - February 2018 - 51
Signs of the Times - February 2018 - Buy, Merge or Go Home?
Signs of the Times - February 2018 - 53
Signs of the Times - February 2018 - 54
Signs of the Times - February 2018 - 55
Signs of the Times - February 2018 - New Products
Signs of the Times - February 2018 - 57
Signs of the Times - February 2018 - 58
Signs of the Times - February 2018 - 59
Signs of the Times - February 2018 - 60
Signs of the Times - February 2018 - 61
Signs of the Times - February 2018 - 62
Signs of the Times - February 2018 - 63
Signs of the Times - February 2018 - 64
Signs of the Times - February 2018 - 65
Signs of the Times - February 2018 - 66
Signs of the Times - February 2018 - 67
Signs of the Times - February 2018 - 68
Signs of the Times - February 2018 - 69
Signs of the Times - February 2018 - 70
Signs of the Times - February 2018 - 71
Signs of the Times - February 2018 - 72
Signs of the Times - February 2018 - 73
Signs of the Times - February 2018 - 74
Signs of the Times - February 2018 - 75
Signs of the Times - February 2018 - 76
Signs of the Times - February 2018 - 77
Signs of the Times - February 2018 - 78
Signs of the Times - February 2018 - 79
Signs of the Times - February 2018 - 80
Signs of the Times - February 2018 - 81
Signs of the Times - February 2018 - 82
Signs of the Times - February 2018 - Advertising Index
Signs of the Times - February 2018 - Last Look
Signs of the Times - February 2018 - Cover3
Signs of the Times - February 2018 - Cover4
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https://www.nxtbook.com/nxtbooks/STMG/sott_201501
https://www.nxtbook.com/nxtbooks/STMG/sott_201412
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https://www.nxtbook.com/nxtbooks/STMG/sott_bg2014
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