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“It borders on overkill.” Bacon also finds that banks shy away from dealing with certain offshore entities because of growing red tape.
Business managers need to first understand client goals, which usually emerge gradually, and then they can tailor information to be meaningful to clients.
“Over time, you give more detail to clients as they become more engaged,” he says.
as potential locations for a second headquarters — as well as from the emerging business leaders in western Center City, where Comcast Corp. Gutstadt happens to be the son-in-law of Philadelphia real estate entrepreneur Carl Dranoff, among the city’s first contemporary developers to discover the Schuylkill waterfront, and he previously worked for Lubert-Adler Real Estate Funds, a co-owner of the 2400 Market St. But he said the location rose to the top of list on its own merits during the six months he spent scouring Philadelphia for the right site.
“It really is the new center of Center City,” he said.
He adds that traditional music artists and indie music labels “have a lot more control” as digital technology plugs them directly to consumers.