Hope & Main, a Rhode Island culinary business incubator, helps make dreams reality for people who want to start or own a food or beverage business. One of the top 10 food incubators in the country, Hope & Main has launched nearly 300 businesses since 2014, making it possible for these firms to have a […]
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After eight years of living under the quality requirements of ISO 9001:2015, ISO has finally obtained approval to revise the ISO 9001 quality standard. The approval process was quite contentious, with five previous ballots to revise the 2015 version not approved. ISO was forced to circulate the final, formal results 24 hours after a leak […]
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Authored By: Bridget Lazlo, CEO, Guardian Business Solutions For every dollar of error in your inventory, there is a dollar of direct impact on your profitability. It’s hard to believe, but it’s true. To better understand, calculate profit by taking your total sales less the cost to produce, manage, and sell your product. When you […]
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By: Patricia Henning Strother • President, Strother Communications Group SCG’s 4-step flight plan is a reliable pathway to reach targeted revenue. This model is particularly helpful for companies seeking dramatic revenue growth. At Strother Communications Group, we help sellers reach buyers, boost reputations, and grow sales. Sales growth is our specialty. We will help you […]
May 30, 2023By: Art Thomas Many manufacturers have had to make significant changes in suppliers in recent years because of various disruptions. Small and medium-sized manufacturers are often resource-challenged and do not have supply chain specialists to focus on vetting suppliers. When it comes to suppliers, manufacturers often are more transactional than strategic, focusing on […]
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Industrial manufacturing deal volume declined in 2022 due to uncertainty from global economic and market influences. Rising cost of capital, inflation, geopolitical uncertainty, increased freight costs, and volatile raw material prices and availability is likely to continue to challenge M&A in 2023. As a result of these pressures, M&A activity for manufacturing companies has been […]
Read More… from Industrial Manufacturing is still attractive to buyers in 2023
By Kevin Kane, President – Southeast Wisconsin Market, First Business Bank Coming away from the 25th Annual Manufacturing Matters Conference, there are many things to reflect on. To start, First Business Bank was grateful for the opportunity to again support WMEP Manufacturing Solutions as a Platinum sponsor. This year’s event saw record attendance of well […]
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Manufacturing companies have faced unparalleled challenges over the past year, directly impacted by the COVID-19 pandemic. Declines in production, forced shutdowns, staggered production schedules and reduced employment levels affected the momentum the industry was regaining since 2010. Yet, deals are still getting done during these unprecedented times and at strong values. Taureau Group recently advised […]
By Mark Coronna, Founder & CMO, The Practical CMO INTRODUCTION No one knows whether U.S. manufacturers will face a major recession, or a more moderate economic slowdown, in the next two years. The Federal Reserve cannot confidently project our economic performance over this period. ITR Economics, a private blue-chip company which makes its livelihood off […]
Read More… from Growth Markets are Critical to Your Success, Especially when the Economy Tanks