Women in Textiles Summit 2019

March 27, 2019

Women leaders in textile industry share expertise—and encouragement More women than ever now own textile companies, and IFAI’s recent Women in Textiles Summit brought together many of these business leaders to share their unique expertise within a highly specialized industry. This year’s inaugural summit, held March 6–8 in Savannah, Ga., facilitated what IFAI President and …

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Strategies that can change the workplace and workforce

March 1, 2019

Picture this: It’s bedtime and children are getting their goodnight kisses. The parents wish them sweet dreams, leave the room and close the door behind them. With their defenders gone, the children begin their nightly debate: Is the boogeyman here? And if so, what exactly are they going to do about it? The boogeyman comes …

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How to solve the labor shortage

January 1, 2019

Think about your local hospital. Picture it in your mind. Think about the people who work there and the work they do. Now imagine that this hospital closed, and so did many of the clinics. Can you imagine your community without access to health care? How would that change your life? As far-fetched as this …

Fringe benefits benefit employers and employees

November 1, 2018

Whether it’s a result of a booming economy, tighter immigration laws or an educational system gone astray, finding qualified job applicants has become increasingly more difficult for those in the specialty fabrics industry. How can small businesses compete for badly needed, qualified workers? Thanks to our unique tax laws, every business can afford to offer …

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Tax law changes make adding equipment and vehicles more affordable

September 1, 2018

Last December’s Tax Cuts and Jobs Act (TCJA) not only slashed tax rates, it also enacted rules that allow businesses to treat as an expense and immediately write off more—including 100 percent temporary expensing for certain assets. This means adding needed equipment, vehicles or even a new shop building is now a lot more affordable. …

Stop sexual harassment in your workplace

July 1, 2018

Far too often, the process of making bad and/or unethical choices begins with a simple, almost thoughtless decision. How do I know this? Well, I’ve seen it happen far too often. Harassment is not a sexy subject, and ethics are more than words. “The times they are a changing,” and that’s more than just song …

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Tracking supplier compliance for sustainable textile companies

May 1, 2018

The issue of compliance can be complicated for textile companies, which have to comply with various regulatory and voluntary company standards for product safety and restriction of substances. In the United States, for example, the Consumer Product Safety Improvement Act (CPSIA) contains provisions that aim to improve the safety of children’s products. The European Union …

California Community College Makerspaces offer work-based learning for students

April 10, 2018

The CCC Maker Initiative, administered by Sierra College (www.sierracollege.edu), is offering internships and work-based learning experiences for students through 24 California Community College makerspaces, where students gain technical, entrepreneurial and work-ready skills sought by employers. California Community Colleges participating in the CCC Maker (cccmaker.com) initiative to build makerspace communities are preparing students for careers through …

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Outside expertise: how to find affordable, professional help when you need it

March 1, 2018

While most owners of small- and medium-size businesses know the details of their companies intimately, there are often highly technical matters of law, accounting, management and marketing that are best handled by outside experts. Attorneys, accountants, and management and marketing advisers have specialized knowledge about niche areas that few business owners can hope to duplicate. …

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Savvy cash management helps your bottom line

January 1, 2018

Cash flow—the amount of money flowing into and out of your shop—is an easy concept to understand, yet not always well managed. Not every owner is aware of the impact skillful cash management has on net income, probably because the importance of managing revenue is far easier to recognize in some types of businesses than …