Over the past few weeks, we’ve been talking about cash-blind owners. What are cash-blind owners, you wonder? Simply put, they’re integration-firm owners who are completely oblivious to the monthly cash activity of their business. To determine whether you fall into this category, you can ask yourself whether you know the answers to these three questions: Read the full article…
What makes a financially successful business? One with high profits? One with a solid financial plan? Many owners believe that, if profits are solid, then the company is solid. As we revealed in last week’s blog, however, they’re pretty upset when they find out that isn’t reality. These are “cash-blind owners” – owners who don’t Read the full article…
During my decades-long career as a CFO, I’ve had the great pleasure of knowing and interacting with many superbly talented entrepreneurs. Unfortunately, some of these remarkable individuals are also what I call “cash-blind owners.” This “disorder” describes otherwise-savvy business owners who are totally oblivious to the monthly cash activity of their business. Because many owners Read the full article…
The Winter 2019 edition of the Electronic Systems Outlook report is now available! This year, we predict a 1% increase in total construction spending over 2019. Similar to last year, the following markets are expected to see the biggest construction growth in 2020 (meaning more opportunities for integrators): Lodging Corporate offices Government The education market Read the full article…
Bogen Communications believes that distributors and integrators are a vital link in the low-voltage technology channel. For that reason, the company also realizes the importance of serving as a resource and advisor for integrators when possible, helping them find ways around roadblocks and challenges. As a provider of commercial amplifiers, speakers, and intercom systems for Read the full article…
In the past few years, our industry has seen an active climate of mergers and acquisitions: Approximately 30 NSCA integrator members have been acquired in the last year alone. Although many experience great success in organic growth through hiring, completing successful acquisitions is another way to expand in many cases. Most of these acquisition deals Read the full article…
Recently, the NSCA Codes & Compliance Committee got together to brainstorm ideas and suggestions to share with integrators and manufacturers about achieving risk mitigation. The following list is a result of our brainstorming: simple, easy-to-follow best practices to minimize potential business threats and ensure business continuity. Implement cybersecurity best practices, such as those found in Read the full article…
The emphasis on school security isn’t going away anytime soon. And growing interest in the Partner Alliance for Safer Schools (PASS K-12) initiative is proof. A year ago, we launched the latest version (the fourth edition) of the PASS K-12 Safety and Security Guidelines for K-12 Schools. To help schools keep up with ever-changing risks Read the full article…
The average NSCA member has seven open positions. And, unless we see a softening in the North American economy, it’s unlikely that this pattern will change anytime soon. In other words, our industry needs more talent! It’s no secret that compensation and benefits can help encourage potential staff members to join your team. Although money Read the full article…
When business is good, everything seems to be going right. It can be hard to break away from routine. And why would you? Everyone is busy, the pipeline is filled with projects for the foreseeable future, and you’re making a profit. But when it comes to exploring new technology and business opportunities, it may be Read the full article…
We are very proud to say that NSCA has a strict policy on the protection of your information and data. We have never sold, nor will we, any confidential member information. That includes your contact names, emails and contact information.
By clicking on “I accept” you acknowledge that we use cookies to analyze the effectiveness and usage of content developed for a more personalized and valuable experience. This site uses Google Analytics to help us monitor the user behavior and type of content our members value so we can focus on the highly valued topics and resources. As such cookies may track things such as how long you spend on the site and the pages that you visit so we can continue to produce engaging content.
You must sign in to gain full access to your benefits or to renew your membership.
Not a member? Click here to join.
