Budgeting

The U.S. Department of Labor recently released its final rule, updating the Fair Labor Standards Act's overtime pay requirements. Scott Tackett, a business development advisor with Violand Management Associates, explains the impact and path forward for businesses.

In this episode of Straight Talk!, Chuck Violand, Violand Management Associates founder, outlines what business owners should consider when building their benefits package to attract top talent.

Although autonomous mobile robots (AMRs) might appear to be the perfect solution for your facility, it’s crucial to rein in your excitement for innovation to first analyze their benefits through the lens of a pragmatist.

In this episode of Straight Talk!, Chuck Violand, Violand Management Associates founder, outlines strategies all business owners must consider when developing a compensation strategy.

Applying careful consideration to the batteries you select can reduce battery maintenance, equipment downtime, operator errors, and overall costs.

Business owners must be realistic about the risks they face and maintain adequate financial protection in the form of business insurance.

Consider paring down your product offerings and scaling back on services to help save costs and retain customers during these times of inflation.

Tactics to improve hygiene standards can also provide real cost savings for your facility.

Including the proper information in a business request for proposal (RFP) can help your company find the perfect vendor to meet your specific needs for a project.

Learn how BSCs can grow revenue and help business thrive during the COVID-19 rebound and beyond.

A robust, regular plan for quality assurance evaluations and benchmarking can greatly benefit your operation.

Knowing specific tasks you are required to perform, such as wiping down exam tables and cleaning waiting room toys, will help you prepare a bid for specific medical facilities.