Entrepreneurship is on the rise, and recent statistics show that the buying and selling of small businesses is at a high. According to BizBuySell’s Q1 2017 Insight Report, which aggregates statistics from business-for-sale transactions reported by participating business brokers nationwide, the number of transactions...
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Employee Retention
29
Mar2017
Categories :Latest News
Offering good benefits, extra perks and competitive compensation may seem expensive. You know what is more expensive? Hiring. Training. Turnover. Each time you lose an experienced employee, each time you go through the time-consuming and costly hiring and training process, you’re running up some...
Read MoreSmart Machines Are Vulnerable Machines
27
Mar2017
Categories :Latest News
“Should you worry about intellectual property cybertheft?” was the question posed here on December 19, 2016. The answer is “yes.” Cybertheft isn’t the only problem. Cyber attacks are also on the rise, largely enabled by the escalating dominance of the Internet of Things, the...
Read MoreHow to Hire Top Sales Reps
16
Feb2017
Categories :Latest News
One of the biggest challenges cited by management is recruiting top sales reps. Great sales are essential to a company’s success, so it’s crucial to ace this part of the game. The Pareto principle–also known as the 80/20 rule–is typically reflected by revenue numbers:...
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Categories :Latest News
Today’s dynamic, rapidly changing work environment means that multiple generations are intersecting in the workforce more than ever. As people retire later in life, four generations are working together, and each has its signature style and expectations. While their diverse outlooks are a valuable...
Read MoreBest Marketing Campaigns
24
Jan2017
Categories :Latest News
Our fabrication services support a huge variety of companies. Our customers are in just about every industry, from automotive, scrap metal and agricultural equipment to staging equipment and consumer goods. They’ve all got at least two things in common, though: they rely in Laser...
Read MoreRisk Assessment for Small Businesses
23
Jan2017
Categories :Latest News
As the new year gets underway, savvy businesses take stock of themselves. Risk assessment–the process of determining the likelihood of a specific negative event occurring–is an essential process which managers and executives need to stay on top of. Which “negative events” are we talking...
Read MoreIt’s Never Business as Usual
29
Dec2016
Categories :Latest News
The polls reflected it; many people are hungry for change. What the election means to globalism remains unclear, but we’d be naïve to think that change isn’t rapidly occurring anyway. In a world where there’s a fight for nationalism, while concurrently being more reliant...
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Categories :Latest News
The race to larger profits often leads to corruption. Thomasnet.com recently released the video clip Did China Steal Wave Technology? The narrator tells the story of Pelamis Wave Power, an up-and-coming renewable energy manufacturer, having five laptops stolen after a visit from Chinese investors....
Read MoreWhen One Source Just Isn’t Enough
14
Dec2016
Categories :Latest News
Dual sourcing has been known and practiced for decades. In most cases, it was a logical way to secure undisrupted production. Big business used a second supplier, or multiple suppliers, to lower the risk of supply chain problems. In the 1980s and 1990s, large...
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