In-house Training: Why you should train now
Aerospace manufacturing expert, Garry Hojan, shares why manufacturers should focus on in-house training for the longevity and value of their company.
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Q. I’d like to expand into new, related industries (i.e. space, satellites, and defense). How can I do that?
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. How can I minimize tax payments while maximizing revenue?
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
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Q. What’s your view on the 2025 global economy and the threat of higher tariffs and how will this affect my manufacturing business?
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. As a manufacturer I am grateful for my clients. What’s a good way to show appreciation this time of year?
By Garry Hojan By the time this goes out you may have already arranged your customer appreciation for the holiday season, so I’ll speak to last minute ideas as well as the topic in general for future appreciation ideas. A quick Google search will give you a barrage of ideas for customer appreciation, mostly gifts.
We are featured in Northwest Aerospace News
JH Aero and Garry Hojan are featured in the December 2024/January 2025 issue of Northwest Aerospace News Magazine. The article, “Business Growth: Small Northwest Machine Shops, how do the big guys notice the small players, and how can machine shop start-ups set themselves up for success?” Read the article: https://joom.ag/4GSd/p8
We are featured in Northwest Aerospace News Read More »
Q. As I gear up for next year, what’s a good way to set revenue goals?
By Garry Hojan Our Solution I really like questions like this. It shows that you’re thinking about something that many don’t think about or do. I like tackling revenue goal-setting through a relatively quick process. Start by looking at historical financial results. Things to look at gross sales, net sales, gross profit, gross profit margin,
Q. As I gear up for next year, what’s a good way to set revenue goals? Read More »
Q: As we near the end of the calendar year, what marketing-related items should I work on next year?
By Garry Hojan Our Solution I’ll get to the answer to the question in a minute, first I’d like to speak to marketing in general. Perceptions of marketing range the gamut from “we don’t do any marketing,” “we’ve grown through word of mouth,” “marketing is just so people don’t think we’ve disappeared,” to a “no
Q. My business is growing, when is the best time to invest in new equipment in the factory?
Our Solution By Garry Hojan The “best” time to invest in new factory equipment is when it is really needed. This could be right now, in the future, or not at all. “Really needed” should be defined in your business by evaluating your individual situation. I always caution when it comes to anything on the
Q. How do federal government policies impact the national manufacturing landscape? How does that impact me locally?
By Garry Hojan Our Solution In the last newsletter, we answered part one of this question. In this newsletter, I’ll answer the second part of the question with an example of federal policy and how it affects us locally. It was 2012 and I still remember it like it was yesterday. I was standing on