by Joseph P. Trybula, CFP®, AIF®, Printers 401K Power in Simplicity Webinar When: April 25, 2-2:30 p.m. CST REGISTER HERE Who Should Attend? Owners, plan sponsors, CFOs, human resource managers Fiduciary Prudence For Plan Sponsors Many plan sponsors are unaware of the many duties required of them as plan fiduciaries. In this brief but informative webinar, find … [Read more...] about What to Expect if your Retirement Plan is Audited
Business Strategy
Estimating: Know Your Costs to Determine Your Profits
by Mark Porter, president, Dienamic MIS Software, Inc. A good product estimate not only determines the selling price to give to the customer, it also should determine the true costs to produce the product. This is very important because if finishers do not know their costs, how will they know their profits? After all, profit is the reason we are in business. For many … [Read more...] about Estimating: Know Your Costs to Determine Your Profits
Fee Oversight Must Be Ongoing
by Joseph P. Trybula, CFP®, AIF®, Diversified Financial Advisors, LLC No matter the business or service, no one likes paying excessive fees. This is especially true with retirement plans. Participants are setting aside money for retirement, and the last thing they want is to have those precious dollars consumed by fees. As a retirement plan sponsor you have a fiduciary duty … [Read more...] about Fee Oversight Must Be Ongoing
Using a B.O.L.D. Approach to Succeed in an Unpredictable Business World
by Jill Johnson, president, Johnson Consulting Services Our economic, political and social environment is exceptionally volatile, uncertain, complex and ambiguous. It has become increasingly difficult to develop strategies for success when every time you turn around there is another challenge that threatens your enterprise survival. One of the most effective methods you can … [Read more...] about Using a B.O.L.D. Approach to Succeed in an Unpredictable Business World
Evaluating Used Bindery Equipment
by Brad Emerson, general manager, fixyourownbindery.com The decision to purchase new or used bindery equipment often is driven by a desire to replace two machines with a single, higher performance machine. However, most high-performance machines have reduced flexibility or reduced size range in order to achieve a higher output. Many times, binderies then are forced to … [Read more...] about Evaluating Used Bindery Equipment
Lean Manufacturing and Continuous Improvement: What, Who and Why?
by Dianna Brodine, managing editor, PostPress Henry Ford may have been the first in US manufacturing to implement lean production when he simplified processes on the assembly line by creating an assembly line in 1913. Driven by a desire to make the automobile affordable for everyone, the workers laboring on the Ford Model T were divided by tasks into separate locations in … [Read more...] about Lean Manufacturing and Continuous Improvement: What, Who and Why?
Spoilage Incentive: Raising the Bar on Lowering Spoilage Rates
by Jeff Peterson, editor-in-chief, PostPress This section of PostPress examines common challenges readers may have on the shop floor and in day-to-day business operations. Professionals from leading print finishing and bindery companies share ideas and discuss solutions to those common challenges, demonstrating how specific companies work through these issues to improve … [Read more...] about Spoilage Incentive: Raising the Bar on Lowering Spoilage Rates
Preparing for the Future in a Changing Commercial Printing Marketplace
by Melissa Larson, contributing writer, PostPress Sometimes it is difficult to lift your head up from the day-to-day operations in your plant and try to take a look at the big picture. Sure, there are plenty of orders right now, but what about in six months? Is it better to invest in new equipment or hire an extra operator? And, do you have the right mix of expertise to go … [Read more...] about Preparing for the Future in a Changing Commercial Printing Marketplace
Is Your Company the Next Blockbuster?
by Steve Blue, president and CEO, Miller Ingenuity In the article title, I'm not referring to a blockbuster hit – instead, I'm referencing Blockbuster, the company that owned the video rental market until it was upended by an innovative competitor, Netflix. One thing is for certain: If a company isn't innovating, all of its products or services eventually become … [Read more...] about Is Your Company the Next Blockbuster?
Stress: The Catalyst for Workplace Change
by Valerie J. Price, director of business operations, Coyne Graphic Finishing Chronic stress can occur for a number of reasons; however, stress in the workplace is one of the most common forms recognized. Chronic stress is exemplified by fear, uncertainty and insecurity and can result in such harmful effects as heart disease, high blood pressure, digestive disorders and … [Read more...] about Stress: The Catalyst for Workplace Change