Cost analysis – a helpful tool or stumbling block?Business owners, accountants, and sales people don’t always agree on the definitions of business terms such as fixed cost and variable cost, and therefore they see business opportunities in different ways. Evaluating every new business opportunity in a way that includes the full burden rate (using fixed costs) seems like a good idea, but this isn’t always the best way to go. If the company... Read More... |
Finding lean in simple inspirationsNo facet of a metal fabricating operation is too insignificant for lean improvement. If you’re looking for ideas on areas to tackle, this article will help. Read More... |
Why do customers buy from you?If you don't know the answer to that question, you aren't listening to your customers closely enough. And that puts the entire organization at risk. Read More... |
The vital role of the CEOIf a metal fabricating company's CEO is running the plant or acting as a salesperson, who is guiding the business? For such companies, operating without a CEO can be a very dangerous situation. Read More... |
The glue that holds company valuation togetherA company structure can be an attractive size and shape, with a seemingly strong foundation--but still be a house of cards. Therefore, it’s important to test the robustness of a company’s structure to determine whether it is what it appears to be. Read More... |
