By Maria Leali, Principal, Synchronous Solutions First of all, great job on creating your vision and mission statement! It can be a challenging process, but well worth the effort. A powerful vision and mission statement can jumpstart the progress of an organization and the people in it. Since you’ve put substantial time and energy into…
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By: Rick Phelps, Principal, Synchronous Solutions At some point every fabricator that ever decided to start his own fabricating business runs into the wall – the point where the business ceases to be fun, or profitable, or most likely, both. For some it happens early when they still have a small team and one day…
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By: Rick Phelps, Principal, Synchronous Solutions Mark recently showed me a YouTube video of a renowned business advisor talking about the revenue per employee required for an HVAC company to be acceptably profitable. The number tossed out was $350,000+ per employee. Interesting! Here is how to determine what that number should be in your business.…
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By: Rick Phelps, Principal, Synchronous Solutions Growing a fabricating shop from $2M a year in revenue to $6M per year can be a treacherous journey. It has been likened to the early pioneers crossing the Badlands in their wagons – you better be prepared for the journey or you will die along the trail. In…
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Having a goal isn’t enough. You need a plan too. The quality of your plan will determine how well you execute. Read our writings on the topic of planning below. Then let’s connect and start talking working on your plan together. Capacity Planning Slippery Rock Gazette, Apr ’20 The Law of Supply and Demand Slippery…
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