Business Solutions

Welcome to Business Solutions Center where you can find answers, ideas and best practices for running your CNC Shop. In the Business Solutions Center Gosiger will offer unique and effective solutions to help power your business.

Select a topic to read more expert advice:

How to be Sure Your Financial Statements Will Help You Sell Your Business

Nov 11, 2016 9:57:00 AM

Posted by Gosiger on Nov 11, 2016 9:57:00 AM

Succession Planning Question 5: How sound are your financial statements?

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Topics: Finances, Succession Planning

How To Retain Key Employees to Protect the Value of Your Shop

Oct 14, 2016 11:23:48 AM

Posted by Gosiger on Oct 14, 2016 11:23:48 AM

Succession Planning Question 4: How can you retain key employees.

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Topics: Management, Succession Planning

How Much is Your Business Worth?

Sep 16, 2016 12:00:00 PM

Posted by Gosiger on Sep 16, 2016 12:00:00 PM

Succession Planning Question 3: How much is your business worth?

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Topics: Finances, Succession Planning

Boost Productivity by Leveraging New, Higher Section 179 Caps

Sep 9, 2016 3:47:07 PM

Posted by Gosiger on Sep 9, 2016 3:47:07 PM

In the past few years, businesses waited all year long to find out if Congress would increase the standard 179 deduction limited from $25,000 to a larger amount. This made it difficult to plan significant year-end purchases—often leaving buyers scrambling to negotiate deals and take delivery in the midst of the holiday break.

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Topics: Finances

5 Reasons To Consider Forming An Advisory Board

Aug 26, 2016 10:30:00 AM

Posted by Gosiger on Aug 26, 2016 10:30:00 AM

CNC shop owners tend to be independent types. After all, that's why they run their own businesses. For some, this independent streak also means they seldom take advice from others. However, few of us are skillful in every aspect of owning and operating a business. That's why it makes sense to consider developing a board of advisors made up of people with various talents that compliment your own.

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Topics: Management

Do You Plan to Sell the Business? If so, to Whom?

Aug 12, 2016 11:30:00 AM

Posted by Gosiger on Aug 12, 2016 11:30:00 AM

Succession Planning Question 2: Do you plan to sell the business? If so, to whom?

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Topics: Management, Succession Planning

What is Your Personal Vision and Timing?

Jul 15, 2016 9:00:00 AM

Posted by Gosiger on Jul 15, 2016 9:00:00 AM

Succession Planning Question 1: What is your personal vision and timing?

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Topics: Management, Succession Planning

Want A Happy Ending? Answer These 10 Questions

Jul 8, 2016 11:00:00 AM

Posted by Gosiger on Jul 8, 2016 11:00:00 AM

Most manufacturing business owners are much more interested in starting and running their shop than planning for the day they step away from it.

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Topics: Management, Succession Planning

All You Really Need to Know About Marketing Your Shop

Jun 17, 2016 9:30:00 AM

Posted by Gosiger on Jun 17, 2016 9:30:00 AM

Sometimes we make things more complicated than they need to be. When it comes to bringing in new customers and keeping the ones you have, the simple truths you learned as a child are still the basis for effective marketing. In fact, they’re the foundation for true success in all aspects of business. So take just a moment to remember what Mom, Dad and your teachers told you:

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Topics: Marketing

5 Ways to Improve Cash Flow

Jun 10, 2016 11:00:00 AM

Posted by Gosiger on Jun 10, 2016 11:00:00 AM

When you run a CNC machine shop there’s always a lot on your plate. You deal with employee issues, job deadlines, working with suppliers and, of course, keeping the pipeline filled with work.

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Topics: Finances