Predicting peak season warehouse volumes
For several months each year, warehouses face a surge of activity due to skyrocketing product demand. This peak season begins as early as October as people begin preparing for the upcoming holiday season and ends sometime in January as warehouses are still dealing with high return volumes. During this time, supply chains often get disrupted, and warehouses must dig deep to find ways to operate more efficiently. One of the ways a...
Year-End Tax Planning Tips for small businesses
You still have time to significantly reduce this year’s business federal income tax bill even with all the uncertainty about proposed tax law changes. Here are five possible moves to consider — but stay tuned for developments. Congress is currently considering some major tax changes. If approved, it’s unclear when they will all take effect. Claim 100% First-Year Bonus Depreciation for Last-Minute Asset Additions Thanks to...
Building a new skilled talent decade
Recently I spoke at a forum on my White Paper, “Job Shock: Moving Beyond the COVID-19 Employment Meltdown to a New Skilled Talent Decade,” at the Cliff Dwellers Club in Chicago. My presentation and responses to it can be viewed on YouTube at https://youtu.be/gnLBrOiMSYA. In my remarks, I pointed out that history was now repeating itself as workplace technology change is again shifting education and skills requirements. PAST LABOR...
Top 10 OSHA violations of 2021
OSHA unveiled its preliminary list of the top 10 most-cited workplace safety violations for the fiscal year 2021 last week. The annual Top 10 list from OSHA doesn’t cover every important workplace hazard but it provides an overview of the most common and costly violations for American employers. The list of the most commonly cited violations does not change much from year to year but remains an informative tool that safety...
Emerging Trends in E-Commerce Fulfillment
When the coronavirus pandemic hit in early 2020, the e-commerce fulfillment landscape underwent a massive shift in response to spikes in consumer demand, with disruptions to labor, logistics, and product supply. Most of those disruptions were already taking shape prior to the pandemic and were only accelerated by new business restrictions and social distancing protocols. Today, e-commerce fulfillment requires more advanced systems and...
It’s Me, Not You (Actually, Maybe It Is!) When It’s Time to Divorce Your Clients
Over a hundred of her clients only use her services once a year. They expect champagne service on a beer budget, and they pull her attention away from the people she works with regularly. This group is weighing her down, and after some soul searching, she’s decided they’ve got to go. Her business is running her, and it’s not working. Plain and simple, he doesn’t like working with them. They pay late, they always look for extras, and...
Taxes that can hurt you
I had the privilege to make a presentation with my Dealer, Rental, and Equipment team for IEDA (Independent Equipment Dealers Assoc.) in September. It was similar to what we did for MHW One-Day Dealer Conference two years ago. With the new proposed tax law and the remaining ways to get government funding, we had plenty to cover in 60 minutes. I made my presentation regarding the state of the never-ending moving target of the economy,...
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