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Business

  • Focus on Finance: Calculate your net worth

    Question: What information should I use to determine my net worth?

  • Fitness Revolution earns national recognition

    Fitness Revolution, a national fitness franchise chain based in Elizabethtown, has won the 2012 Franchisee Satisfaction Award.

    Elizabethtown resident Nick Berry is president and co-founder of Fitness Revolution, whose main office and seven of its 24-person corporate staff are in Elizabethtown.

  • Mooserack opens at ECTC student center

    Steve Meredith had been waiting in line for two hours for Mooserack Coffee Co. to open in the newly redone student center at Elizabethtown Community and Technical College. He was first in line to get a Grizzly Mocha and biscotti from the new restaurant on campus.

    The two hours were worth it to Meredith, a psychology student who has attended ECTC for two years, because he wanted to show his support for the business “from day one.” There hasn’t been a restaurant at the center for Meredith to go to since he started at the college.

  • Focus on Finance: Tax mistakes to avoid

    Question: What are the most common tax mistakes?

    Answer: Tax season has begun. You already should have your 1040s and 1099s. Over the next few months, you’ll be calculating your taxes and writing a check to the IRS. To help ease the pain of April 15 (extended to April 17 this year), here are a slew of common tax mistakes you easily can avoid:

  • Elizabethtown Houchens grocery reopening with new name, concept

    Houchens Industries has infused its Elizabethtown store with a new name, look and a fresh business approach.

    The company is relaunching Houchens on Sycamore Street as price LE$$ foods, said Alan Larsen, director of marketing and merchandising for Houchens Industries. The newly renovated store is reopening Thursday after closing in late January to complete renovations. He said it is the first price LE$$ foods launched by Houchens and the company is excited about the store’s distinct cost format.

  • First Financial shuffles upper management

    A personal ailment and the company’s financial health resulted in leadership changes announced Friday by First Financial Service Corp., the parent company of Elizabethtown-based First Federal Savings Bank.

    Greg Schreacke, the bank’s president since 2008, assumes principal management responsibility for the holding company and the bank. He is absorbing duties previously belonging to B. Keith Johnson, who is stepping down because of a chronic ailment.

  • Focus on Finance: Taking advantage of long-term care tax benefits

    Question: Are long-term care benefits tax deductible?

    Answer: Congress passed HIPPA as an incentive for people to take financial responsibility for long-term care. It generally provides for deductibility of qualified long-term care expenses, and excludes qualified long-term care benefits from taxable income. Higher deduction limits for LTC premiums are geared to help seniors make payments. Let’s see what this means.

  • E'town fruit shop celebrates grand opening

    As it prepared for its first big holiday, the Elizabethtown location of Edible Arrangements held a grand opening Friday.

    The fresh-fruit-arrangement shop on North Dixie Avenue has been open since Jan. 11, owner Kornkamol Randlett said, but owners wanted to have a few weeks of business under their belt before having a  grand opening.

    “We’ve been doing very well, especially during this time because of Valentine’s Day,” Randlett said. “We’ve been extremely busy the last couple of days.”

  • First Federal sells four Indiana branches

    First Federal Savings Bank in Elizabethtown is selling four retail banking offices in Indiana to raise capital and meet its goals.

    A subsidiary of First Savings Financial Group Inc. has entered into a definitive purchase and assumption agreement with the Elizabethtown-based bank to buy the Indiana offices in Corydon, Elizabeth, Georgetown and Lanesville.

    These are all of First Federal Savings Bank’s southern Indiana branches.

  • Chamber hosts 11th annual health expo

    About 50 exhibitors lined up Wednesday inside Pritchard Community Center for the Hardin County Chamber of Commerce Health and Human Services Expo.

    The 11th annual health expo was the first for the combined chambers. Chamber President-CEO Brad Richardson said he believes the expo sells out every year.

    “There’s a history here,” he said.