The Outlook Is Improving for Women in Manufacturing
Despite inroads made in recent years, women still face an uphill battle in breaking through the glass ceiling of the manufacturing sector. According to the U.S. Bureau of Labor Statistics, females represent 47% of the entire workforce and 52% of all professionals and...
7 Steps to Promote Manufacturing Safety
Workplace safety is a top concern among manufacturers. Without taking COVID-19 into account, the National Institute for Occupational Safety and Health (NIOSH) estimates that occupations within the manufacturing sector account for 5% of U.S. workers. Yet, they...
Court Adopts its Own Methodology in Determining Fair Value in a Shareholder Dissent Suit
Island Light & Power Co. v. Sara Golvinveaux McGinnes Block Island Power Co. (BIPCO), founded in1925, was purchased in the 1980s by five individuals. By 2015, there were three shareholders: two doctors and the respondent, in this case, the Sara Golvinveaux...
The District Court Refuses to Throw Out Experts Under Daubert Motions, Citing Differences in Admissibility and Scrutiny Under Cross-Examination
Innovation Ventures, L.L.C. v. Custom Nutrition Labs., L.L.C. This case involves a consideration of motions by both the plaintiff and the defendant to exclude the testimony of the other party’s expert witness based on Daubert and the Federal Rules of Evidence....
Year-End Tax Planning Tips for Small Businesses
You may still have time to significantly reduce this year's business federal income tax bill even with all the uncertainty about proposed tax law changes. Congress is currently considering some tax changes. Here are five possible moves to consider — but stay tuned for...
Ryan Trust v. Ryan In a bitter buyout dispute involving a thriving private family business and featuring two veteran appraisers, the NebraskaSupreme Court recently affirmed the district court’s decision to unreservedly credit the valuation testimony of the expert for...
Consider a New Approach to Meeting Your Business Real Estate Need
Where your business is located and how you use the commercial space you have can mean the difference between thriving and just limping along — or worse. That fact was brought home for many business owners during the COVID-19 pandemic when lease payments became an...
Improve Your Bottom Line with Better Inventory Management
In a competitive retail environment, there's little margin for error. If your business exhausts its inventory of a key product when it's most in-demand, you'll lose out on sales to competitors. And if you err in the other direction, you could be saddled with extra...
Why Cost Codes Are Critical to Construction Business Success
No matter the size of your construction business, cost codes are essential for tracking where and how you incur project costs. Although a job's overall cost will tell you what was spent and how much was made, it won't tell you why you spent the money or earned that...
4 Ways to Improve Productivity
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. Here are four ideas...