2023 Smart Business Evolution of Manufacturing

The 2023 Smart Business Evolution in Manufacturing Awards honor innovative Northeast Ohio manufacturers. See who we recognized this year!
Video security, surveillance technology advancements have novel applications
Blue Technologies, Inc.’s John Bates on video security and surveillance technology: what’s new and how it’s helping organizations.
Why businesses should take advantage of treasury management services
First Federal Lakewood’s Scott Gnau and Alix Kaufmann on how businesses can expand their banking relationship.
Why your talent pipeline is more important than ever before
Action Management Services’ Dave Fechter on how companies should think about their talent recruitment strategy in light of concerning demographic changes.
Don’t overlook the personal side when planning for a business exit
CM Wealth Advisors Neal B. Colby talks about planning for your exit — on the business and personal side — to position yourself for success with what comes next.
How to uncover hidden tax liability ahead of the sale of a business
Clark Schaefer Hackett’s Kerilyn Boergert on the importance of sell-side diligence to uncover and understand tax issues before selling a closely held business.
Northeast Ohio Deal Activity: Earnouts increase in popularity

Earnouts can align buyer and seller interests. Increasingly, they’re being used to align total deal value to the ongoing performance of the business in a period of uncertainty.
Too much remote work can negatively impact culture
Interacting face to face with colleagues has become much more meaningful.
Be more selective to work toward your objective
Just because you may be able to implement a large number of tactics, it’s often the case that you shouldn’t.
Attracting the best of the best is remotely possible
Rather than expecting a return to the pre-pandemic era, the trend will be toward adopting flexible human resource policies.