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Blogging Beyond the Numbers

Posted by: Joe O'Connor 2 years ago
When customers can’t find what they want on a company’s website, they quickly move on to a competitor, according to The Outlook for Wholesale Distribution in 2015 study. So building a user-friendly site is a must, the study said. The increased focus on technology should level the playing field for many small and mid-sized distributors looking to gain better visibility through e-commerce. But budgeting...
Posted by: Swati Jain 2 years ago
Do you have a business that exports property/goods manufactured, produced, grown or extracted in the United States? If yes, then there is a powerful tax savings opportunity that is provided by the US government as an incentive to exporters. Interest Charge - Domestic International Sales Corporations, IC-DISC for short, are domestic tax exempt corporations that are created by the exporting company. The mec...
Wisconsin Tax
Posted by: Mike Scholz 2 years ago
Wisconsin is one of the country's most productive manufacturing states. To boost that activity even more, Wisconsin manufacturers are receiving significant tax incentives to keep this work in Wisconsin. A new law that took effect in 2013 allows manufacturers to take a credit on profits from manufacturing in Wisconsin. The credit has been phased in from 2013 to 2016. This year the credit will be fully phased...
Posted by: Mike Steinl 2 years ago
The main reason good product ideas fail is that they get stuck between conception and development, often in processes that inhibit breakthrough innovation, according to a study by CGT magazine and Sopheon Corp. Nearly 60 percent of the study's respondents said that development resources were stretched too thin because of too many other projects under development.  The goal with new product development s...
Posted by: Mike Steinl 2 years ago
A solid pricing strategy can do more for your business than cover costs and generate a profit. It can position you in the marketplace and affect your long-term success. In manufacturing, a key financial calculation is gross margin What is left after the cost of production is subtracted from revenues. Gross margin must cover operating overhead and desired profit. However, actual gross margin dollars fluctu...