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Inventing the game

The Last Word Inventing the game Sy Hyman, company founder and retired CEO of Herculite®, is a long-time member of ATA and became an Honored Life Member in 2014. He shared with us some insights about the challenges of marketing laminated synthetics with a start-up company when no market existed: about learning from customers, production [...]

By |2015-12-01T00:00:08-06:00December 1, 2015|

Demand + supply = prevail

Photos by Rudy Meyers Photography Robert Cole brings decades of experience and common sense to the time-honored but always evolving economic model of supply and demand. One of the great things this industry has to offer is the quality of its suppliers,” says Robert Cole, ATA Honored Life Member (HLM) and owner of [...]

By |2015-10-01T00:00:45-05:00October 1, 2015|

Navigating the seas of social compliance

Keeping a weather eye on your supply chain. Container ships are the life blood of the global apparel and textile trade. Every year, thousands of vessels traverse the oceans loaded with billions of dollars in ready-made goods waiting to be claimed by eager consumers. The process by which these goods are transferred from ship to [...]

By |2015-10-01T00:00:12-05:00October 1, 2015|

Managing cyber security

Don’t fall asleep at the computer. The recent headlines about Internet hacking and high-profile security breaches have focused on large retailers such as Target, Neiman Marcus and Home Depot, and big banks like JPMorgan Chase & Co. Unfortunately, fraud and financial data losses are not limited to retailers or even to one industry. Small businesses [...]

By |2015-10-01T00:00:04-05:00October 1, 2015|

Estimating for profit: Where to begin

A job that requires working high above the ground may require added safety precautions and equipment, which need to be figured into expenses. Keeping good records allows the company to bid more accurately and maintain expected profit margins. Photo: Baraboo Awning Understanding the customer’s unique wants and requirements goes to the heart of [...]

By |2015-09-01T00:00:35-05:00September 1, 2015|

Explode your business

Is your company growing as fast as it should? Over the years, you’ve built a reasonably profitable business; but lately, sales and profits have either increased only slightly or have remained flat. You know your business has far greater potential, but you’re not quite sure how to make it happen. To get that process going, [...]

By |2015-09-01T00:00:14-05:00September 1, 2015|

Should you extend credit?

Fabricators stress caution when extending credit to customers. On the surface, it sure seems like a slam-dunk decision for a marine fabrication shop to not extend credit to customers. “Let’s see, when you write off thousands and thousands of dollars—maybe even $100,000 over the 30-year life of the company—you start to think about giving anybody [...]

By |2015-08-24T10:00:29-05:00August 24, 2015|

As the ACA stands

Despite legislative and legal challenges, now is the time to prepare for new requirements in 2016. Although the Affordable Care Act (ACA) has been around since 2010, despite more than 50 Congressional attempts to repeal it, its shaky financial footing may do it in. The ACA’s sharply increasing health care costs were highlighted in the [...]

By |2015-08-01T00:00:08-05:00August 1, 2015|

Business and pleasure

Attending trade shows is a valuable part of business strategy—with tax benefits. Self-employed specialty fabrics professionals—the owners, managers and employees of an industrial textiles and products business, even shareholder-employees—have long been allowed to claim an income tax deduction for the expenses of attending trade shows, conventions and meetings. Thanks to federal tax laws, the government [...]

By |2015-07-01T00:00:10-05:00July 1, 2015|

Generations at work

We’re not from different planets, though sometimes it seems so. There are ways to work together effectively. When you interview that candidate, do you invite the parents? Forty- and 50-something jaws might drop, but executive recruiter Eric Herrenkohl says two of his big-company clients want to talk to Mom and Dad at the interview as [...]

By |2015-05-01T00:00:36-05:00May 1, 2015|
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