News
What Are You Doing?
Business conditions continue to slow down for a lot of companies and more and more members are mentioning that they are not slow but have "excess capacity." Many of the lumber related businesses feel that once the tariff situation is
NEW OVERTIME THRESHOLD EFFECTIVE JANUARY 1, 2020 - IT'S HERE!
The government has finally made its ruling official and the new overtime rule that is in effect has the standard salary level for workers set at $35,568 per year or $684 per week. This new rule will update the minimum salary
You're 73 and Want To Sell Your Business and Retire
In speaking with many business owners, that have started and run a business for 25, 30 or more years they state they are tired and want out. They tell us that I want to turn their business over to their children so they can spend more
Can An Increase In New Orders Hurt Your Company Financially?????
In speaking with a lot of companies, owners are saying that they are very busy, but cash flow is a problem. The problem they are experiencing is that many businesses (often companies that have purchased without problems for years) are
Will The End of Trade Tariffs Increase Sales Wood Products to China?
The association has received many calls from both sawmills and lumber suppliers stating that as soon as the government ends tariffs on Chinese products that their sales will skyrocket and they will again become extremely profitable. What
Changes In Business Insurance Providers And Do You Know Your Cost?
Recently the number of insurance companies offering coverage to woodworking companies shrank even further as one of the primary providers bought their competition. The result is that there are now fewer options for companies seeking