Management

Even during the economic uncertainty surrounding the pandemic, business owners must continue to track key performance metrics to ensure their companies are operating in a profitable manner. Owners that sit idle are at biggest threat during the pandemic. Here are 4 points to consider.

Gone are the days when shop-glazed projects were only for large-scale buildings in big cities. Contractors are becoming more adept in prefabrication techniques, particularly for healthcare facilities, hospitality and multifamily projects, college buildings and dormitories, and residential.

Part I of the “All in Family” article series looked at several key considerations for business owners looking to sell to family members. It covered determining company direction, addressing management plans, pricing and more. Once those topics are discussed, an owner must determine the method and…

These topics of conversation may be uncomfortable, but they need resolution before the succession plan materializes. If they are not resolved beforehand, they are guaranteed to surface at the worst possible time.  

I recently had the opportunity to speak with Michael and Valarie Gomm, the husband-and-wife team behind the new The Glass Guru franchise in Wichita, Kansas. Michael and Valarie first became aware of, and interested, in the franchise when they experienced a failed window of their own. We discussed…

Project management is many things. The term project management is a broad category. It can be defined and manifested in many ways. There are key aspects and processes to the role of project management that need to be executed in order to achieve success. Project management in one company differs…

I was recently turned onto a podcast called The Rewatchables, which features a round table discussion of movies the hosts can’t seem to stop watching. This show is insightful without being boring, and the cast is hilarious. Recently I listened to an episode where they broke down the 80s classic, “…

This article presents three key considerations for owners as they plan for their exit from a business. They are the Three Elephants in the Room: taxes, succession and planning for what’s next.

The Bottom Line We are in a unique time where there is uncertainty but also access to relatively cheap financing. This environment allows companies to improve their safety net, and potentially profits, by leveraging financing. It also allows them to improve cash flow by leveraging vendor…

Shipping containers at Port Elizabeth, New Jersey.  Unique projects demand unique products, which may demand turning to unique suppliers. While a fabricator or glazing contractor may be willing to go to the ends of the earth to find the product that meets the client’s specific needs, the reality…