Asset Management & Recovery: Business is Expensive!!

Gryphon USA, Ltd services clients through Gryphon Asset Management, Gryphon Realty Advisors and Gryphon Auction Group. Gryphon Asset Management manages operating entities and undertakes liquidation management in numerous business lines. Gryphon Realty Advisors is comprised of three divisions all working together; Residential, Commercial and Management. Projects range from single family investments and owner occupant reresentation to apartments and commercial complex disposition. Gryphon Auction Group assists clients with the sale of real property as well as commercial equipment.

Business is Expensive!!

On top of all of the direct expenses, we spend a lot of money on hockey games and football tailgates.  These things are fun, but also expensive.  Taking clients to a hockey game costs about $300.  The football tailgates are about $1000.  We use the events to entertain clients.  They like it, trust me.

22 Hockey games (my share) and 7 football games.  Whoa!

Does anyone have other "entertainment" type ideas that are less expensive?

 

Do you have questions about distressed assets, receivership or bankruptcy sales, auctions?  Email me at rfk@gryphonusa.com and I'll try to answer it in an upcoming post.

Richard F. Kruse is the President of Columbus, Ohio based Gryphon USA, Ltd. (www.gryphonusa.com).  The Gryphon Organization includes Gryphon Asset Management providing receivership and consulting services in the distressed marketplace, United Country Gryphon Realty & Auction Group (www.ucohiorealty.com & www.ucohioauctions.com) providing real estate brokerage and auction services throughout Ohio and OnlineAuctionUSA.com (www.onlineauctionusa.com) providing commercial asset liquidations from the Midwest to East Coast. 

United Country Gryphon Realty & Auction Career Opportunities Available.  Call 614-885-0020 x 17

5 comments • Rich Kruse • January 01 2007 09:39PM

Comments

Had to look at your profile because with those high end marketing you must be in the big leagues.
Posted by Caryll Miller ( Mortgage Specialist!) (Nations Group USA) over 3 years ago
I have taken clients sailing but that's a $500 day for 6-8 people.
Posted by VA Mortgage Broker in California/858-777-9751 over 3 years ago
Unfortunately most of our clients are bankers and attorneys so we have to do high end events with them. The upside is that they tend to be repeat clients. Ideally we would like to find entertainment that allows for one on one contact for a lower dollar amount.
Posted by Melissa Kruse (Gryphon ) over 3 years ago

Not necessarily big leagues, but our prospects like to go to sporting events, etc.  Maybe it is keeping up with the Smiths, but those darn Smiths have these things for their clients.

Posted by Rich Kruse (Gryphon USA, Ltd.) over 3 years ago
Here, in New York, we have the Yankees, Mets, Rangers, Islanders, Knicks, Jets and Broadway tickets. The Giants and Devils are actually in New Jersey.
Posted by Peter Andres - Zip Team Leader GRI,CBR,SRES (ZipRealty - "Your home is where our heart is" ) over 3 years ago

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