Garry Hojan

SWOT Analysis with a focus on strengths

Q: Where do I begin to define strengths, weaknesses, opportunities, and threats?

Newsletter, Solving Manufacturing Problems, SWOT Analysis /

A: Start with strengths (find out how below) By Garry Hojan Okay, so we’re talking about a SWOT analysis here. For those unfamiliar, a SWOT analysis evaluates your company’s competitive position in the market and is foundational for developing your strategic plan. Strengths and weaknesses data come from internal sources and address those two topics […]

Q: Where do I begin to define strengths, weaknesses, opportunities, and threats? Read More »

How can goal setting help me to achieve revenue goals in 2025?

Q: How can goal setting help me to achieve revenue goals in 2025?

Financial planning, Manufacturing Financials, Newsletter, Solving Manufacturing Problems /

By Garry Hojan Decades ago, I was privileged to have met the late Dr. Steven Covey at one of his workshops. It was right after I had read “The 7 Habits of Highly Effective People.” Tactic #1 is habit #2 from Dr. Covey, “Begin with the end in mind” Knowing the end goal when setting

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Reduce costs and drive profit in your business, here's how!

Q: What is the best way to reduce costs to drive higher profits?

Financial planning, Newsletter, Solving Manufacturing Problems /

By Garry Hojan Profit = Total Revenue—Total Expenses. The two items listed here are sales and costs. Those are the two levers that adjust the business’s profitability and cost reduction, which has a multiplier effect.  The reason for the multiplier effect on profit is as follows: If I cut $100 of non-revenue generating expenses, it

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JH Aero's Garry Hojan, fractional CEO, shares how to grow your business strategically.

Q: I want to be more intentional about growing my company. Where do I start?

Financial planning, Manufacturing Financials, Newsletter /

By Garry Hojan Why at the beginning, of course. I’m being a smarty pants, please forgive me. Most business school theories say to do a SWOT analysis first to have a strong picture of your business status and to make better decisions on launching to the next level. I agree with the value of SWOT

Q: I want to be more intentional about growing my company. Where do I start? Read More »

Garry Hojan shares reasons why to read the fine print in manufacturing contracting.

Q: If I work towards bringing in aerospace work, what are some industry requirements I can expect?

Newsletter, Pricing, Contracts, and Inflation /

By Garry Hojan, fractional CEO This question is so important when dealing with a high-liability, highly regulated industry like aerospace. The requirements generally start with a deliverable in a purchase order. The purchase order will likely reference terms and conditions. I recommend reviewing them carefully and not dismissing those terms; more on that later. The

Q: If I work towards bringing in aerospace work, what are some industry requirements I can expect? Read More »

Reduce overwhelming feelings of running a business with these tips by Garry Hojan.

Q: The responsibilities and distractions as a business owner can get overwhelming. How can I deal with that?

Financial planning, Manufacturing Financials, Newsletter, Solving Manufacturing Problems /

By Garry Hojan A: This is an awesome question, and certainly not industry-specific. It affects all of us to one degree or another, no matter what business we are in. Below in this response, I’ll include Google’s response to “causes of feeling overwhelmed in business” so you have some practical tips from the all-mighty ABC

Q: The responsibilities and distractions as a business owner can get overwhelming. How can I deal with that? Read More »

Expanding into new markets illustrative graphic.

Q. I’d like to expand into new, related industries (i.e. space, satellites, and defense). How can I do that?

Financial planning, Manufacturing Financials, Newsletter, Solving Manufacturing Problems /

By Garry Hojan Our Solution My first question back to you is: Why are you thinking of expanding into new related industries? The reason I’d ask is because there are many reasons not to expand, like the following: Before deciding to diversify into a new or related industry, thoroughly investigate whether it is truly the

Q. I’d like to expand into new, related industries (i.e. space, satellites, and defense). How can I do that? Read More »

Tax insights by Garry Hojan of JH Aero - fractional CFO, aerospace manufacturing expert.

Q. How can I minimize tax payments while maximizing revenue?

Financial planning, Manufacturing Financials, Newsletter, Pricing, Contracts, and Inflation, Solving Manufacturing Problems /

By Garry Hojan Our Solution My expertise is in maximizing revenue and I am not a tax professional, nor do I give tax advice. I’d start by saying anything I include here is from my experience and for informational purposes only and should be checked with a tax professional before you choose to implement anything

Q. How can I minimize tax payments while maximizing revenue? Read More »

2025 aerospace manufacturing predictions in the global market

Q. What’s your view on the 2025 global economy and the threat of higher tariffs and how will this affect my manufacturing business? 

Financial planning, Manufacturing Financials, Newsletter, Solving Manufacturing Problems /

by Garry Hojan I’m by no means an expert on this subject, but I did have the opportunity to participate in the 90-minute Charles Schwab 2025 Outlook, where global financial experts discussed this topic in depth. I will share some of that information and my thoughts on how it applies to our businesses.. Potential tariff

Q. What’s your view on the 2025 global economy and the threat of higher tariffs and how will this affect my manufacturing business?  Read More »