The Benefits of Sourcing a Manufacturing Supply Chain Locally
In light of the recent coronavirus pandemic, it has become much more cost-effective for manufacturers to source locally rather than nationally or internationally. A recent article published by Thomasnet examines why local sourcing is the best choice for manufacturers. According to the article, local sourcing is good for manufacturing supply chains because it provides: Greater …..
The manufacturing industry is facing numerous threats. In order to adapt to circumstances and remain in business, manufacturers need to adjust their supply chain methods and respond to consumer demand, writes Andy Rodosevich in a recent article for Forbes. With the dual goal of maintaining business and employees and contributing to the needs of the …..
Though the recession associated with the coronavirus pandemic has been relatively short, it has had an enormous impact on many manufacturers. In a recent article from Industry Week, author Stephen Gold examines some of the impacts that manufacturers will feel for years to come. Gold examines the results of a recent survey of large, global …..
Many manufacturers are struggling in the face of the COVID-19 pandemic. Recently, Manufacturing Business Technology released a series of articles that offer tips for manufacturers on staying relevant during the current upheaval. In the second installment of the series, author Andrew Walker offers manufacturers three additional strategies for meeting the challenge of the coronavirus crisis. …..
Many manufacturers are struggling in the face of the COVID-19 pandemic. Recently, Manufacturing Business Technology began a series of articles that offer tips for manufacturers on staying relevant during the current upheaval. In the first installment of the series, author Andrew Walker offers two key steps for manufacturers to take in order to meet the …..
What the Paycheck Protection Program Means for Contractors
The Paycheck Protection Program is an initiative created by Congress to address the financial impact of the coronavirus pandemic on small businesses in the U.S. A recent article for Construction Dive takes a look at the program from the perspective of contractors in order to help clarify what it means for them. For many organizations, …..
While we continue to move safely to reopen the economy after the initial coronavirus pandemic, construction business owners should keep in mind the possibility of a second wave of the virus. A recent article for Construction Dive offers the following tips for how construction organizations can make preparations for a second round of COVID-19: Establish …..
The long-term shortage of skilled laborers in the construction field can make preparing your company for the future a challenge. In a recent article for Construction Executive, author Wade Leipold examines the case of Faith Technologies, a company that has made a strong commitment to thorough, in-house training for its employees in order to secure …..
The coronavirus pandemic has had an enormous impact on companies in all industries. In a recent article for Construction Executive, Scott Cox interviewed the leaders of three large construction companies about what they have learned from the crisis. Here is a brief overview of the takeaways that the presidents and CEOs of large construction companies …..
Building a Strong Future for Your Construction Company
Construction businesses that achieve long-term success have something in common: they do not shy away from succession planning. In order to build a firm footing for your organization, both today and into the future, you need to be practical and proactive about considering the future. A recent article for Construction Executive discusses key strategies for …..
CHANGE: Coronavirus Impacting Your Nonprofit? Here’s What to Do
The coronavirus pandemic has had a big impact on nonprofits. One major area of disruption has been that of fundraising. The springtime is a major fundraising season for a lot of nonprofits, who hold large events during these months. A recent article from Network For Good offers some tips for how nonprofits can keep their …..
With the arrival of the coronavirus pandemic, the need for organizations to be able to operate digitally—which was already very important—rose steeply. In a recent article for Forbes, Dr. Gloria Horsley offers insight regarding the digital transformation tactics that worked well for the nonprofit that she leads. Video – Posting live videos on social media …..
Negatives and Positives for Foundations During the Coronavirus Pandemic
The coronavirus pandemic is having a wide-reaching impact on many areas of society. A recent article from The Non Profit Times examines how foundations and endowments are reacting to the virus. A recent survey conducted by the National Education Policy Center’s (NEPC) Endowments and Foundations Practice Group examined 105 endowments regarding issues related to the …..
Bringing Your Nonprofit Through the Coronavirus Crisis
The coronavirus pandemic is having a huge impact on both organizations and individuals—and nonprofits are certainly no exception. While it is impossible to know for certain what the future will look like, there are certain key steps that nonprofits can be taking now in order to establish the firmest footing possible, moving forward. A recent …..
The Internal Revenue Service (IRS) recently released proposed regulations regarding Unrelated Business Income Tax (UBIT). The 2017 Tax Cuts and Jobs Act (TCJA) made big changes to UBIT that have been widely unpopular among nonprofits. A recent article for The Non Profit Times examines the proposed regulations from the tax bureau. Under the IRS proposal, …..
It’s your time to shine! What is your favorite movie and/or TV show? Favorite TV Show: Grey’s Anatomy (I love drama series) Favorite Movie: I love watching movies and I can’t pick just one! What did you want to be when you were growing up? A wedding planner! I loved anything to do with weddings …..
New to Remote Working? Here Are Some Tips for Staying Productive
The COVID-19 pandemic has seen a rise in remote working. Even organizations that have always been against it have their employees working from home. With some areas experiencing complete lockdowns, this means you may find yourself in an unfamiliar work environment. Remote working means that you have to work outside a traditional office environment. Although …..
During the holiday season in December, Congress passed the Consolidated Budget Appropriations Act of 2020. Included in this Act was a tax package that renewed more than 24 tax provisions through what are known as extenders. An extender makes a tax provision effective retroactively. Some of the extender provisions are rather esoteric, so we’ll only …..
According to the 2019 Small Business Profile, a project from the U.S. Small Business Administration’s Office of Advocacy, there are 30.2 million small businesses, making up 99.9 percent of all U.S. businesses. With 59.9 million of these small business employees making up 47.3 percent of workers in the United States, it’s clear that this is …..
In the days ahead, the COVID-19 pandemic will likely be described in economic terms as a Black Swan. This phrase is used to describe an event that 1) was unpredictable; 2) caused severe and widespread consequences; and 3) in hindsight was determined to be wholly predictable. What will be interesting going forward is how much …..