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Protect Your Business with the Right Insurance

Having the right kind of insurance is critical to your business and multiple insurance policies should be in place before you even open • Commercial Business Insurance: Commercial Property Insurance policies are either all-inclusive or risk specific and protect your office and its contents from damage caused by natural disasters, fires, or vandalism. your doors for

Federal-Mogul Announces Sale of its Connecting Rod and Camshaft Business

The sale involves Federal-Mogul’s sole connecting rod machining plant, located in Windsor, Canada, and only camshaft foundry, located in Lydney, United Kingdom. Federal-Mogul Corp.’s Powertrain Segment has entered a definitive agreement to sell its connecting rod and camshaft business to JD Norman Industries Inc., with an effective date of June 28, 2013. JD Norman Industries is a

Hastings Announces Marion Holt As VP Of Business Development

Hastings Manufacturing Co. has announced the addition of Marion Holt as a key member of its global sales and business development team. Holt has been appointed to the position of vice president of business development reporting to Bob Kollar, president and CEO. In this capacity, Holt will be responsible for complete management of the company’s

Customers Will Remember Your Name With These Business Card Tips

With a great business card, people will remember your name and you company. BSchool.com recently had a great post on 50 Killer Business Cards That Put Yours to Shame. The post has lots of examples of great business cards.  It’s a must-read for anyone with a boring business card. Here are some business card design

PERA Webinar on ‘Aspects of Buying/Selling a Small Business’ April 17

PERA will be hosting a webinar on Aspects of Buying/Selling a Small Business on April 17 for small and mid-sized owners who are thinking of selling their business and need to know how to prepare and follow-through the right way to successfully value their business. Questions to be answered include: •What Paperwork & Information To

2012 Tax Changes For Businesses

Standard Mileage Rates: The standard mileage rate in 2012 is 55.5 cents per business mile driven, 23 cents per mile driven for medical or moving purposes, and 14 cents per mile driven in service of charitable organizations. Health Care Tax Credit for Small Businesses: Small business employers who pay at least half the premiums for

Fire Prevention: How To Keep Your Shop in Business

In each of these cases, there was extensive damage to the buildings, inventory and equipment. Business was disrupted, customers inconvenienced and profits lost forever. According to statistics, some of these companies will never recover. They will either never reopen or will be out of business within five years. It is a fact that many businesses

Tom Marx to Present Buying/Selling a Small Business at Upcoming PERA Webinar

The one hour session is designed for small and midsized company owners, especially those who are thinking of selling and need information on the right way to prepare and follow through to successfully value their business.   “Our research has found that 70 percent of all small and midsized businesses never sell after they are

Oliver Racing Parts Names Ted Keating VP of Business Development, Sales

Keating will be responsible for growing Oliver’s business at a time when the company has made significant infrastructure upgrades in order to expand its product lineup of aftermarket racing parts, including high-performance connecting rods. He begins his duties at Oliver on May 1. “Ted has a proven track record of growing a high-performance parts business

Tap Into the Power of Collaboration To Grow Your Business

You realize you need help in making your business decisions, but where do you go to find it?  There are several different group options, and you might find that one or a combination of a few works the best for you. Here are a few ways to broaden your decision-making inputs in group settings: Peer

Protecting Your Business With The Right Insurance

Running a business is expensive and the capital that you’ve poured into your company can disappear in an instant if a major weather event damages your facility, or if someone in your shop gets injured while on the job. Having the right kind of insurance is critical to your business and multiple insurance policies should

10 Mistakes To Avoid When Selling Your Business: An Insider’s Guide

There comes a time for every business when ownership changes, whether through a transition to the next generation or an outright sale to a first time or an experienced buyer. The majority of challenges and frustrations experienced by sellers can be avoided with solid information about the pitfalls of selling a business in today’s market.

ARMO to Present Small Business Boot Camp at 2013 HRR Trade Show

Automotive Restoration Market Organization (ARMO) has announced that it will be hosting a Small Business Boot Camp on Saturday, March 16, 2013 at the Hotrod & Restoration Trade Show. Attendees will also have the opportunity to share ideas and strategies with other small business owners. The Small Business Boot Camp seminars are: 8 – 9

Using Customer Feedback to Improve Your Business

Feedback. We all seem to get it — whether we request it or not.  But, as a business owner, feedback is generally accepted as a way to make improvements to your shop or services, and is even a helpful method to short-term and long-term business decisions.  For most shop owners, customer feedback is often immediate,

Humpy Wheeler to Share Insights at Race Track Business Conference During PRI Race Industry Week

An outstanding panel of presenters is being assembled for the inaugural Race Track Business Conference-2012 to be held on Wednesday, November 28th, announced Tim Frost, publisher of National Speedway Directory. The event will be held just prior to and in conjunction with the Performance Racing Industry Show, the centerpiece event for Race Industry Week 2012.

Giving Away Profits To Stay Busy Makes No Business Sense

Why am I writing about your wallet? To be perfectly honest, it’s because I want you to stay in business. If you’re not in business, Engine Builder magazine isn’t in business. If you’re not in business, Goodson Tools & Supplies isn’t in business. If you’re not in business, Dave Monyhan is not employed, and that

Four Tips for Running a Family Business

Since its inception over 70 years ago, Bremen Castings has been a company at the forefront of the foundry industry having won numerous awards for its safety, technology and environment-friendly manufacturing.   “In an industry with strong traditional roots, it’s important to have your company stay on course and to keep up with the times,”

To Succeed in Business Reality, You

How are your business dreams looking today? I’m not hearing about many dreams. Maybe some nightmares, but few dreams. To be truthful, we need to look at the good signs. For one, business is picking up. There seems to be a positive attitude in many places. But how many more years like 2011 can you

Differentiate Your Business From Your Competition and You Can Dominate Your Market

For the rest of us, competition from businesses that supply similar products and services is part of our daily business lives. The more popular the product or service, the more competition there is. Sometimes this is geographically dictated; where I live in the desert southwest, there are literally hundreds of swimming pool builders and air

Proper Oil Recycling Techniques are Good for Business, Environment

In the city, most things are in close proximity, whether it’s the grocery store, cleaners, restaurants or even a gas station or oil changefacility. Get out into the country, though, and no matter what you wantyou are going to have to drive a bit to get there. Similarly, practices are a bit different in the