news: Manufacturers & Distributors

It’s Time to Reassess Your Manufacturing Business’ Strategy

With industry data showing that the upward trend of American manufacturing output seems sustainable for the foreseeable future, manufacturers should reassess their business strategies. This article discusses renegotiating loans and leases, reinvesting in human resources and facilities, and retooling pricing, marketing and public relations.

Stepping Up Your Budget Process

Whereas some companies simply take the previous year’s budget and update the numbers based on available funds and new goals, others take on the mindset of creating a war plan that represents numerical battle lines in which their business will fight to succeed in the coming year. This article explains the three basic components of a budget and how a budget can support a company’s mission, values and specific objectives.

Higher Expensing Limits, Bonus Depreciation Extended

As part of the American Taxpayer Relief Act of 2012, Congress extended two depreciation-related tax incentives through 2013 that can provide significant savings to manufacturers and other businesses that invest in equipment and certain other assets

Energy-Related Tax Incentives Available for Manufacturers in 2013

The American Taxpayer Relief Act of 2012 has made significant tax savings available to businesses in the United States this year, including multiple credits for converting vehicles to natural gas power and subsidies for the use of biofuels. This article looks at these and other energy-related incentives that can help manufacturers and distributors.

Big Data Strategies for Distributors

“Big Data” is a marketing buzzword used to describe any large set of electronic information that can be analyzed by businesses to increase efficiency. This article explains how, using these latest customer-behavior analytics applications, distributors can crunch their internal databases; see how their conclusions compare to those of their competitors; and more effectively analyze, track and predict their customers’, employees’ and inventory’s behavior.

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