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Hubs: A Guide to the Future of U.S. Manufacturing

Posted 3:57 PM by
Washington’s newly touted “Hub” initiative seeks to rejuvenate American manufacturing and restore lost jobs to an industry which has experienced significant losses in recent years. President Obama first called on Congress in his 2013 State of the Union to create a network of manufacturing hubs across the nation. And he once again called for them in yesterday's address.
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Maximize the Value of Your Business Through an Exit Strategy

Posted 7:24 PM by
Every business owner will eventually transfer their business interest. In some cases the interest will be transferred as part of a planned exit strategy. In other cases the transfer will be “forced” due to a significant change in the life of the owner such as death, disability or divorce. The important point to note is that it is not a matter of IF your business interest will be sold, it is a matter of when and what will trigger the sale.
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Potential Personal Property Tax Cut to Affect Manufacturers

Posted 4:57 PM by
During his 2014 State of the State address, Governor Mike Pence emphasized his intentions of reforming the corporate tax structure throughout Indiana, specifically within the realms of corporate tax and business personal property tax. In conjunction with Pence’s focus on resolving these issues, the Senate Tax and Fiscal Policy Committee recently passed Senate Bill 1 by a vote of 7-2.
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Indiana Statehouse Attacks the Manufacturing Skills Gap

Posted 1:50 PM by
The skills gap in the manufacturing industry is a hot topic right now. With the manufacturing industry being so vital to Indiana's economy, the skills gap has now gotten the attention of the Indiana legislature. State Representative Wendy McNamara has announced plans to author legislation that would create a Career and Technical Education (CTE) Diploma as an alternative to the Academic Honors or Core 40 Diplomas currently offered to high school students.
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Unknown Variables in the Affordable Care Act Sends Fear Skyrocketing Nationwide

Posted 12:00 PM by
And the list grows. In addition to concerns relating to revenue growth, attracting/retaining skilled workers, and rising material/energy costs, manufacturers nationwide are facing catastrophic levels of uncertainty regarding the Affordable Care Act (ACA). According to the latest National Association of Manufacturing (NAM) IndustryWeek Survey, more than 77% of manufacturers identified rising health care and insurance costs as their most important challenge.
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Time Is Money

Posted 3:38 AM by
According to RestaurantOwner.com there is a direct correlation between the length of time it takes an operator to get his or her financial reports and a restaurant’s profitability. In this article, RestaurantOwner.com provides six ideas for speeding up the process of creating financial reports.
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New Method for Raising Capital

Posted 4:37 PM by
The SEC has enacted a new rule that lifts the ban on general solicitations for private offerings. What this means is that private companies can now market their securities to the general public via television, magazines and the Internet. Rule 506(c) will open up a larger pool of potential investors for the growing restaurant – including their own customers.
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Workforce Challenges for Indiana Manufacturers

Posted 5:14 PM by
Concerns over a skilled workforce and related skills gaps in today’s manufacturing industry are all over the national news. But does this impact manufacturing in Indiana, a state with an abundance of workers with manufacturing backgrounds? As a manufacturer in Indiana, do you need to worry?
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Manufacturers Wait as Talk of Key Tax Law Changes Prolong

Posted 4:22 PM by
Chairman of the Senate Finance Committee, Max Baucus (D), and head of the House Committee on Ways and Means, Representative Dave Camp (R), recently concluded a summer-long tour of America discussing tax law changes with individuals and businesses. Included in the discussions were several tax items vital to the manufacturing industry.
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Latest Economic News Release Does Not Bring Confidence to the Healthcare Industry

Posted 3:26 PM by
The economic state of the healthcare industry is under higher scrutiny since the recent announcements of mass layoffs from Indiana’s largest health networks. In September, the Indiana University Health network announced the layoff of 800 employees, which followed St. Vincent Health’s June announcement of 850 employees.
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