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The National Institute of Standards and Technology (NIST) is now accepting proposals for its 2018 Small Business Innovation Research (SBIR) awards. The competitive program encourages domestic small businesses to engage in federally funded research and development opportunities that have the potential for commercialization. Applications for Phase I will be accepted through April 4, 2018.

While Congress considers the new tax reform plan, you may want a jump start on what the plan could mean for the R&D Tax Credit. You can be certain that tax professionals such as those with our partner Tax Credits Group are keeping a close eye on the progress of the tax reform. Their expertise allows them to shed some light on what you should know now, even though the reform has yet to be finalized.

If recent trends are correct, now could be a very good time to own a polymer, plastics or specialty chemical company if you are interested in selling. According to Bill Ridenour, founder of Polymer Transaction Advisors, pricing for these companies is at the highest it’s ever been in terms of multiple earnings.

PolymerOhio has added three new informative presentations to its summer schedule. These presentations will give attending manufacturers a chance to learn from experts on topics that are important to their business operations. All presentations are free to attend; registration is required to reserve your spot.

Where do we want to go? It’s a good question, and one that every business owner, operator and CEO asks at some point. Where do you want to take your business? How do you want to grow over the next three, five and 10 years — and beyond? Going hand-in-hand with those questions are questions […]

Most businesses have a percentage of their sales that are either breakeven or not profitable. Too often, they don’t even realize it, but as they drive sales, they are increasing their losses and hurting their business. Without knowing the true costs associated with each product/customer/project, many don’t realize where they’re bleeding cash. How do you […]

Your ability to manage overhead is critical to the long-term health — and potentially even the survival — of your business. However, there is a right way and a wrong way to tame your overhead costs. Many business leaders take a hatchet to their overhead, lopping off employees and hacking away at vital programs and […]

If you want to manage it, you have to measure it, but what you measure depends on what factors are important to your business. No general website or how-to manual can give you a comprehensive, exhaustive list of what metrics you need to track, because what is critical to one business may not apply to […]

“What if?” It’s the two-word phrase that has kept every business president, CEO and COO awake at night. No one can gaze into a crystal ball and predict the future with absolute accuracy, but by analyzing business and industry trends, your CFO can help you construct a view of the future that is accurate enough […]

What keeps you up at night? As a business owner, it could be any one of a number of things. Are inefficient processes costing you? Are you carrying too much inventory? Are you set up to grow? Is your workforce the right size? If market demand shifts, will you be able to adjust? And through […]

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