Coronavirus Spurs Applications for Small Business Loans
The federal government wants to help companies keep their workers on the payroll, as reported by the SEMA Washington, D.C. staff. Under a recently enacted federal law, small businesses may file a “Paycheck Protection Loan” application with local participating banks. These are forgivable loans.The interest rate is 1.0% on a two-year loan backed by the
Instagram Strategy & Tips for Business
Learn Instagram strategy with Engine Builder Editor, Greg Jones. Find out how your business can build an audience and adjust content based on trends and engagement.
Edelbrock Did Not Sell its Nitrous Business
A recent erroneous report stated that Nitrous Supply acquired Edelbrock, LLC’s nitrous oxide business. Edelbrock is still very much in the nitrous business and merely recently sold inventory to Nitrous Supply. The report was not authorized by Edelbrock and should be disregarded. Furthermore, Edelbrock, LLC is not affiliated with Nitrous Supply other than as a
Dayco Names New VP of Sales and Business Development
Wouter Nijenhuis has joined Dayco, accepting the role of Executive Vice President of OE Sales and Business Development, reporting directly to the company’s CEO, Joel Wiegert.
CRP Industries Earns ReMaTec Best Reman Business Innovation Award
CRP Industries (crpindustries.com), an automotive parts and industrial products company, has earned the Best Reman Business Innovation Award from ReMaTec, a platform for the remanufacturing industry.
Lubrication Specialties’ President Wins Smart Business Innovation Award
Smart Business Magazine recently hosted the Columbus Smart 50 Awards presented by Hylant to honor the top 50 executives leading organizations in Central Ohio. Chris Gabrelcik, founder and president of Lubrication Specialties Inc. (LSI) was named this year as one of the smartest 50 executives in the region.
Failure to Understand and Protect Your Brand’s Value Can Kill Business
CNC machining and 3D printing technologies have opened entire new worlds for parts manufacturers and engine builders alike. Modern machinery can seemingly make whatever part you can dream of with amazing specificity and repeatability. Sadly, others can and will use these same technologies to reverse engineer and copy your parts. The availability of these technologies
Setting Up a Facebook Business Page
Enough convincing you that this is a good idea. If you haven’t grasped the value of Facebook by now, it’s truly your loss. For those who want to see what a Facebook page can do for your shop, or learn better tips on how to grab the attention of potential customers, keep reading.
New Normal of Business Requires New Ideas
No matter how great you are at building engines, you may not be nearly so confident in your ability to build your business.
Dayco Names Mike McTeer as Director of Business Strategy
Dayco has announced the appointment of Mike McTeer as director of business strategy, US aftermarket. McTeer will be responsible for developing target market strategies and sales associate development.
Building Relationships Key to Building Business
How much time do you pay attention to what you’re building? Oh, I know you are attentive to the most incremental of details about your engines. You measure things to four or more decimal points. You polish metal to a degree that glass is embarrassed to be seen next to it. You understand that what
Building Relationships Key to Building Business
Answer honestly – do you REALLY spend enough time making sure that you’re getting something out of your business other than a paycheck? Not in a new-age, warm-and-fuzzy “love your job and you’ll never work a day in your lfe” way, but in a way that satisfies your inner definition of success.
Honeywell to Use Garrett as Company Name for Transportation Systems Business
Honeywell has announced its Transportation Systems business will rebrand itself “Garrett – Advancing Motion” upon successful completion of the previously announced spin off, which is expected to close before the end of the third quarter.
Spring Has Sprung – Will Landscape Engines Grow Your Business?
Have you noticed your allergies are acting up? Are the birds chirping a bit louder? Is it getting warmer and greener? Good, it’s not just me. Spring has sprung in the Northern hemisphere and that means people are going to be getting out their lawn and landscape tools.
Equipment Options for Your Business
I’ve worked on lots of equipment that was a LOT older than me, and I can tell you there’s a certain satisfaction in taking the helm of a big, heavy machine that you know will still be working hard long after you’re retired.
How Will the New Tax Cuts and Jobs Act Impact Your Business?
The late-2017 tax overhaul known as the Tax Cuts and Jobs Act (TCJA) is the most sweeping change to the federal tax code in at least 30 years. It calls for lowering individual and corporate tax rates, repealing many tax credits and deductions, enhancing the child tax credit, boosting business write-offs, and more. The law
Understanding What Dynos Can Do For Your Business
An engine dyno can be a valuable tool in many corners of a modern engine facility. As an investigative tool, it can help you find new solutions to old challenges. As a testing tool, it can help prove your hypotheses. As a creativity tool it can help push you in new directions. And as a sales tool it can help differentiate you in the eyes of customers.
Engine (Business) Building 101
Every build starts with the end in mind. What are your goals? What are you trying to achieve? Building a successful business is no different.
Understanding the Basics of Your Business – Taxes
They say nothing in life is certain except for death and taxes. In most parts of the world, taxes are part of life and certainly part of running an engine building business. In the US, large expenses associated with running an engine building business are federal, state and local taxes.
Boone Named Business Development Representative, Consumer Products for VP Racing Fuels
VP Racing Fuels, Inc. has announced the appointment of Tiffany Boone as Business Development Representative to support its growing retail consumer products team.
