business Archives - Page 2 of 5 - Engine Builder Magazine
A Winning Workplace

Having difficulty finding talented employees? Take a good hard look at the engagement level of your existing employees first. Spending the last 20+ years in business consulting, the past 10 in my own practice, I have too often heard the plea “we can’t find good people” from business owners and/or management personnel. In fact, if you’re a shop owner or manager, there’s a very good chance you’ve said this yourself at one point or another.

5 Surprising Strategies To Increase Business Productivity & Profitability

Maximizing both productivity and profitability in a business often takes out-of-the-box thinking. But, don’t stop there! It’s also wise to go a step further and think against the grain to look at issues and approaches through a different lens.

Hylomar Creates US Subsidiary to Extend International Market

Hylomar, a widely used and respected manufacturer in the international automotive, aerospace and industrial aftermarkets, has created U.S. subsidiary Hylomar LLC to introduce Americans to its growing portfolio of high-quality aftermarket products.

What Happens Next…?

If you decided to retire in the next five years, who runs the shop? Are you going to sell it, and to whom…? Are they qualified to run it and can they maintain the quality and, more important, the good name you have established. This may be the part we as business owners don’t want to think about, but we must.

The Shameless Art of Self Promotion

As business owners many of us tend to follow the leader and do what everyone else does to promote our business. But…if that is what everyone else does how are you going to get any different results than everyone else in town? Sometimes you need to think outside of the box and do a little shameless self-promotion.

Employee Benefits That Don’t Cost a Lot of Money, But Provide a Lot of Value

When it comes to a small business, every penny counts, just like every employee counts, in the successful operation of the business. But with health insurance and major benefits being too expensive for most small businesses to offer, how do you balance being able to recruit and retain good employees with benefits and incentives while keeping an eye on the bottom line of the business?

Taking On the Internet

According to Engine Builder’s latest Machine Shop Market Profile, 56 percent of our readers don’t use a website for marketing and sales of their services. That needs to change. Here are some helpful tips to get your business into the 21st century.

Using HR Consultants – How To Effectively Outsource HR Functions

Human Resources is often so intimately involved in the day-to-day operations of a company that a lot of employers wonder if they could ever effectively outsource it. Small business can not only effectively outsource HR to a managed services team, but can run a stronger company and more productive workforce with an external HR consultant, or managed HR services provider.

Avoiding Workplace Accidents

Shops can prevent many of these situations, along with the associated injuries that increase workers’ compensation costs and employee absences. If you walk around the shop and look with a critical eye, you can start reducing accidents today with some serious attention to detail.

4 Hot Topics for Employers in the Summer Season

Summer time is a great time of year and is even better when companies are prepared and able to provide a great overall work experience for their employees. With the summer season comes a few things in particular that companies need to consider. Here are a few hot topics that may apply to your business.

Is Business Coaching Right For Your Shop?

Whether you’re a new shop owner looking to increase your business, or an industry veteran hoping to build loyalty from your existing customer base, hiring a business coach to help you achieve your goals might be worth considering.

Think Your Business Won’t Change? Think Again

All great companies have one thing in common: They realize industries and consumers need change, so they follow their customers. Your business is no different. Over the decades, the engine building business has transformed as well. So how are you changing with it?