October 21, 2014 8:18 AM
In the business world, everyone is always looking to maximize profitability. It’s not because business owners are greedy trying to grab every last dime. It’s because they are working their tail off to either make the business succeed or make it grow.
In their efforts to do so, business owners look to control what they can, especially when it comes to costs. As a salesperson, I have often been the person who they tried to control costs through by either beating me up on price, extracting extra services or using what my company does to help make them more profitable. However, it often seems to come back to controlling costs.
When a business owner thinks of controllable costs, they often think of material prices, employee hours or something else on the production end. What seldom comes into play is controlling workers comp, healthcare and unemployment costs. But, how can you control those costs? Those things are completely out of a business owner’s control. Right?
October 15, 2014 8:12 AM
Beginning January 1, 2015, OSHA will begin enforcing new rules and requirements according to a recent article in Construction Equipment Guide. This new rule applies to companies that fall under Federal OSHA jurisdiction. (Do you know if your company falls under this category?)