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Good people, bad choices

April 1, 2017

Even the most well-intentioned employees are vulnerable to slipping into unethical choices when their lives lack balance. Ask an average person, “Would you voluntarily do something that is unethical or illegal?” Generally, he or she will reply something like, “Heavens, no!” People naturally prefer to do the right thing. However, when faced with enough pressure, …

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The three point-of-contact climb

Falls from ladders account for approximately 20,000 injuries and 300 deaths each year in the United States, according to the Occupational Safety and Health Administration (OSHA). The American Ladder Institute (ALI) advises that when climbing a ladder, maintaining three points of contact minimizes the chances of slipping and falling. At all times during ascent, descent …

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TRD revises handbook

New edition of procedural handbook includes first major updates in more than a decade. A new edition of the IFAI Procedural Handbook for the Safe Installation and Maintenance of Tents and Fabric Structures includes major revisions to reflect industry trends and a reorganization that makes the handbook a user-friendly training tool. This is the first …

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What’s your strategy?

Why every business needs a digital strategy to reach today’s consumer. Ah, remember the good old days? A time when a handshake sealed a business deal, a company built its reputation on spoken word and all that was required for a business to be found by new customers was a phone number in the yellow …

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When to say yes—and no—to new inventory

December 1, 2016

The economy is improving, tented events are on the upswing, and customers are spending more on decor and accessories such as sidewalls, doors, liners and drapes. This is good news for tent rental companies, because these items can bring a very good return on investment, says Scott Sutherland, president of Olympic Tent, a tent manufacturer …

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Hosting a showcase during the slow season

Everyone appreciates the time of year when things start to slow down. But after a recuperation stage, tent rental companies may find themselves twiddling their thumbs, waiting for clients to call. What do you do to drive business at these times? Many facilities host a showcase or an open house. This one event can offer …

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A succession solution in employee stock ownership

October 1, 2016

How to determine if an employee stock ownership plan is right for your company. An exit plan is generally not at the forefront of a company owner’s mind, especially at the height of career success, but it’s no less important than any other business strategy. When the time comes to step down, a comprehensive exit …

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Case study: Expanding from one location to two

July 13, 2016

Expanding a party and event rental business from one location to two ideally results in higher revenue, a bigger market share and more opportunities for the business and its employees. But every so often, the unexpected happens. Consider Jill Redmon, president of Montana Party Rentals in Bozeman and Wyoming Party Rentals in Jackson Hole. Redmon, …

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What to add to your tent rental inventory

July 1, 2016

Knowing your customer base is always critical to success, but this becomes even more important for tent rental companies considering expanding their offerings of non-tent event rental items. After all, taking on new products can represent a sometimes sizable financial investment; a major consideration for smaller operations in particular. The key to successfully creating a …

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Payroll perils

June 1, 2016

Mistakes in withholding and paying payroll taxes to the IRS can spell real trouble for small business owners. Every employer faces countless rules and regulations involving the payments it makes to its employees. There are rules that dictate when (and which) workers must be paid overtime, the amount of taxes that must be withheld and …