Money Matters Archive

Insurance

Profitability

  • Utilizing The New DiSC Reports To Drive Real Change

    Have you ever desired a tool that assists you in asking the appropriate questions about your business/dealership, the right questions that lead to answers and solutions for driving real change and higher performance in your business?

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  • Almost Everything Your Employees Know About Profit Is Wrong

    Worrying about the wrong things reduces profit without knowing it’s happening.

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  • Selling Stock vs. Selling Assets

    The tax consequences of selling a business Many business owners contemplate selling their businesses to start their retirement or to transition into another business. Several issues come to mind when considering selling a business. How much is the business worth? Who will buy it? How much will be left once all the taxes are paid? What makes [...]

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  • They’re Back!

    An updated look at gross margin and payroll Gross margin and payroll continually prove to be the factors most difficult to bring into line and the easiest to fall out of line. When things are slow, price pressures are inevitable. At the same time, sluggish or declining sales volume almost always results in an increase in [...]

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  • They’re Back!

    Every few years, this report series returns to the two big issues in improving profitability—gross margin and payroll. By Albert D. Bates, Ph.D.

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  • Be Prepared

    How can material handling equipment distributors prepare for the upturn? By Abe WalkingBear Sanchez.

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  • Chopping vs. Pruning

    Distributors can take advantage of equipment inventory and asset reduction programs in the material handling industry. By Albert D. Bates, Ph.D.

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  • Beating The Recession

    Results from MHEDA's 2010 Distributor Performance Benchmarking Report have significance for material handling distributors. By Albert D. Bates, Ph.D.

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  • Workforce Training Grants

    Material handling companies can receive workforce training grants to educate and train their workforce and maintain employee education. By Lori Cooney.

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  • The Problem That Will Not Die

    Managing payroll expenses is critical for a material handling equipment distribution company. Learn some secrets to manage your lift trucks, conveyors and pallet rack company more closely. By Albert D. Bates, Ph.D.

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  • The Siren Song of Inventory Reductions

    Managing inventory is critical for a material handling equipment distribution company. Learn some secrets to manage your lift trucks, conveyors and pallet rack more closely. By Albert D. Bates, Ph.D.

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  • How To Ramp Up Cash Flow

    Tips for improving cash flow in a material handling equipment distribution business. By Abe WalkingBear Sanchez.

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  • The New Credit Paradigm

    The old credit paradigm has been surpassed by the new credit paradigm by the Profit System of B2B Credit. By Abe WalkingBear Sanchez.

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  • Recession-Proof Your Material Handling Business

    Advice from financial professionals on how to keep your material handling business afloat during the economic recession, focusing on four key financial ratios. By Albert D. Bates, Ph.D.

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  • Beyond Hope And Into The Realm Of Reality

    Economists at the Institute for Trend Research forecast the U.S. material handling economy, will worsen before it begins to improve. By Alan Beaulieu.

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  • Expense Leveraging And Gross Margin Management

    Handling the balancing act between expense leveraging and gross margin management can increase profits. By Albert D. Bates, Ph.D.

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  • Financial Trends In Distribution

    Albert D. Bates, Ph.D., provides an overview of financial trends in the distribution industry between 2003 and 2007, emphasizing the changes between 2006 and 2007

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  • Financial Merchandising

    Financial merchandising provides low monthly payments for material handling equipment customers, allowing distributors to up-sell add-ons and other benefits. By Chris Gile.

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  • What’s Going On?

    The rise in steel prices is due to higher raw material costs, foreign influences, market consolidation and decreased imports.

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  • The Sales-To-Payroll Delta

    Rather than payroll being a percentage of overall sales, companies should employ a sales-to-payroll delta. By Albert D. Bates, Ph.D.

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  • Avoiding Fraudulent Credit Card Transactions

    Credit card scammers are finding new ways to take advantage of distributors in the material handling industry, including relay calls, shipping scams, call-in scams and internet scams. By Teri Nock Hunter.

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  • All Customers Are Not Created Equal

    Some customers are more profitable than others, and distributors must assess which customers are worth keeping and which are not. By Albert D. Bates, Ph.D.

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  • Identity Theft

    Identity theft is rampant, and can be prevented with a series of simple steps, including privacy, information deletion and identity monitoring. By Bart Basi and Marcus Renwick.

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  • Protect Yourself

    Avoid employee fraud by having a secure, diligent system of checks and balances in place to make theft and deceit impossible. By Mark Nelson.

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  • Playing The Percentages

    Material handling equipment distributors can maximize customer satisfaction by offering forklift leasing as a cost-effective fleet management system. By Jeff Gocken.

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  • Selling In

    An employee owned stock option program, or ESOP, offers stock options to employees and makes them owners of the company. By James G. Steiker.

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  • Lowering The Bar on A/R

    The economics of credit show that an aggressive credit policy can increase cash flow and net profit. By Albert D. Bates, Ph.D.

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  • Good Communications Carry Freight Issues

    Proper communications help a material handling distributor function more efficiently, reduce freight issues and increase profitability. By Keith Gelinas.

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  • Avoiding The Fatal Or Long-Term Catastrophic Financial Impact Of A Multi-million Dollar Verdict

    Lawsuits against material handling distributors can cost millions and can be avoided by implementing a risk management program and taking other legal steps. By James E. Lozier and Robert W. Stocker II.

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  • How To Negotiate Higher Prices

    Negotiating price in the material handling industry involves both parties in a relationship and requires trust, time and practice. By Tom Reilly.

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  • Do Small Companies Fare Better Than Big Companies in Tough Times?

    Small companies have an advantage over large companies in difficult economic times because of the speed of operations in implementation and proximity of key personnel. By Tom Reilly.

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  • The Freight Claims Nightmare

    The legal responsibility for who should file freight claims is designated by the freight terms. By Daryl Clever.

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Taxes