Say, just how competitive is your business anyway?
To be successful, a business must be competitive. Is yours? Here are some ways to assess this: First, examine your operating environment. Anything from severe weather to a sudden change in buying trends could affect competitiveness. Next, identify important tangible and intangible resources. Technological obsolescence, for example, could change everything. Then look at the strength of your leadership team. Flagging employee morale could leave you struggling. Last, evaluate relationships with suppliers, customers and regulators. Make sure all are in good shape.
A review of significant TCJA provisions affecting small businesses
Now that small businesses and their owners have filed their 2017 income tax returns (or extensions), it’s a good time to review the Tax Cuts and Jobs Act (TCJA) provisions that may significantly impact their taxes for 2018 and beyond. Depending on your entity type, either the new 21% corporate tax rate or the new 20% qualified business income deduction may substantially cut your taxes. And all businesses need to be aware of the breaks the TCJA enhances and the ones it limits or eliminates. The key to maximizing your tax savings is to begin 2018 tax planning now.
A Building Security Checklist for Crime Prevention
Surprising as it may seem, many experts believe that a well-maintained property can deter crime. Why? Because a poorly maintained building demonstrates that its owner is no longer able or willing to control his property. It thus becomes an invitation to any criminal who wants to seize control.
The Top Ten Reasons to Go Paperless
There are plenty of reasons why it’s a good idea to go paperless in the office—ranging from environmental to budgetary. Here are our top ten to keep in mind the next time you make the case to your boss.
Changing Company Culture: It’s a Matter of Principles
People calling for a changed culture often are experiencing the painful results of behaviors that are typical in reactive manufacturing organizations. A philosophical intervention is required.
Factories Added A Strong 22,000 Jobs in March
Manufacturing employment increased by 22,000 jobs in March, according to a report from the Bureau of Labor Statistics released last Friday. The growth is thanks in part to employment in fabricated metal products, which increased by 9,000 jobs in March and has shown the largest job gain over the last 12 months, with 59,000 jobs added in total. This accounts for about one-third of all jobs added to the pool of durable goods manufacturing work.