The Missouri Association of Manufacturers is excited to connect our manufacturing Members to financial wellness education for your employees - partnering with Dalton Stockton, CRPC, and working with Lincoln Financial Group. Help improve productivity while relieving employee financial stress.
A recent survey by SHRM found that offering financial wellness programs to employees not only helps them focus on their work, but can help improve their overall well-being, increase employee retention, and attract new hires.
The U.S. Small Business Administration has established a Manufacturing Office to prioritize the expansion of small U.S. manufacturers as they commercialize innovation, automate processes, enter new markets, expand capacity, and strengthen resiliency.
How SBA helps small manufacturing businesses:
Sell to the federal government
Purchase and upgrade equipment
Expand or renovate facilities
Establish and implement process improvement strategies
Develop and implement workforce recruitment and management plans
Export to international markets
Diversify supply chains and sales strategies
Address cybersecurity challenges
Conduct research and development on innovative manufacturing processes or products
Partner Resources and Information
Whether a recession is imminent or not is hard to know, but follow these steps to ensure your business is ready to weather an economic downturn whenever it comes.
Whether the economy is good or bad, there’s no wrong time to sort out your business’s cash flow. Here’s how to figure out what cash reserves you need.
What's your take on equipment leasing? While roughly 8 out of 10 U.S. businesses use financing for equipment and software instead of purchasing them outright, many misconceptions still exist.
Many companies are exploring leasing as a complement to existing finance sources. About 80% of businesses in the United States utilize equipment leasing or financing to fund their operations,
according to the Equipment Leasing and Finance Association (ELFA).