by Royer Advisors | Dec 11, 2024 | Business Plans
So-called “lean” manufacturing is easier said than done, but there are several improvements that can increase your firm’s output. Lean companies operate as efficiently as possible, using the least possible staff time, equipment, and raw materials....
by Royer Advisors | Dec 11, 2024 | Business Plans, Tax Planning
In recent years, energy-efficient tax breaks have enticed many manufacturers to “go green.” At the end of 2020, The Consolidated Appropriations Act (CAA) was enacted, which includes various provisions that expand and improve certain green tax breaks. Here...
by Royer Advisors | Dec 11, 2024 | Business Plans
To succeed in the 21st century, manufacturers must embrace the latest technological innovations. As part of this trend, factories around the world are starting to use blockchain technology. Although the concept is shared by businesses in various industries, it’s...
by Royer Advisors | Dec 11, 2024 | Business Plans
Maine’s relatively low number of COVID-19 cases may have saved some business in Portland and throughout the state. But as cases look to be surging across the country and winter fast approaching, many businesses could be in for a challenging time. Small businesses...
by Royer Advisors | Dec 11, 2024 | Business Plans
In this past election, voters in California approved legislation that allowed companies in the so-called “gig economy” to continue classifying their workers as independent contractors, opposed to employees. This issue isn’t exclusive to California, however, as the...
by Royer Advisors | Dec 11, 2024 | Business Plans, Financial Planning
As COVID cases spike to record-setting levels here in Maine and across the country, mass immunization likely months away and talks of financial relief still a work-in-progress at the federal level, many businesses in the state may be facing challenging times and...
