It’s your time to shine! Who is your favorite author? What is the best book you’ve read? Jodi Picoult What is your favorite movie and/or TV show? Favorite TV show is The Office. Favorite movie is Bridesmaids What did you want to be when you were growing up? Teacher What hobbies do you have? Crocheting, .....
Believe it or not, the year is coming to a close. If you want to finish strong and set attainable goals for 2023, here’s a handy, actionable checklist to help you navigate upcoming expenditures. Review Your Spending and Create a Budget This might seem like Finance 101, but it’s a tried and true method that .....
Now is the time of year to do everything you can to minimize taxes and maximize your financial health with proper year-end planning. In this article, we’ll look at several actions to consider taking before the end of 2022. Thoughtfully Harvest Losses and Gains Before Year-End Tax loss harvesting by selling securities at a loss .....
When there’s a question of the benefit that tangible or intangible assets provide businesses, there are many factors that must be weighed to make internal accounting procedures effective. Businesses must determine how the cost of business assets can be expensed each year over the asset’s lifespan. Looking at how amortization and depreciation work, implementing both .....
There is a perception that managing in manufacturing is drastically different than managing workers in other industries. In a recent article for Forbes, Trond Arne Undheim questions this perceived difference. While he acknowledges that there are physical realities that impact manufacturing, he suggests that the current manufacturing management style “slanted towards control, emphasizing supervision, [and] .....
Automation is rapidly expanding within the manufacturing industry, writes Daniel Theobald in an article for Manufacturing Business Technology, and yet many business owners do not understand how robotics might affect their business. In his article, Theobald addresses some of the common misconceptions about automation, and then provides a five step plan to help businesses integrate .....
Many businesses are experiencing what Vince Molinaro calls a leadership accountability gap. This gap occurs “any time people in leadership fail to demonstrate personal ownership for their roles.” In his recent article for Industry Week, Molinaro outlines steps that CEOs can take to create a culture of accountability within their organizations. Click here to read .....
When the Inflation Reduction Act (IRA) was signed into law this summer, it created billions of dollars of tax credits designed to boost domestic manufacturing. In a recent article for Industry Week, Jay Ruckelshaus details the top six IRA tax credits for manufacturers and why they are beneficial. Click here to learn more.
While management technology has demonstrated itself to be of great use in the construction sector, it does bring with it new challenges. “Data and workflow hitches are hampering project management processes and creating chaos for project executives,” explains a new article from Construction Dive. Understanding and adapting your organization’s workflows is the key to successfully .....
Labor shortages in the construction industry are requiring companies to develop new expectations and strategies surrounding recruitment and retention, writes Stephen Angel in a recent article for Construction Executive. Construction businesses are dealing with competition both from within their industry and without. Angel recommends that contracting companies seek to increase stability, flexibility, and career advancement .....