Five Things Distributors Should be Doing Now to Ensure Future Success
Are You Playing to Win? or Playing Not to Lose? With the unprecedented current economic situation caused by the pandemic, the Barnes Dennig team has been focusing on the state of the wholesale distribution industry and what wholesale distributors can be doing to ensure future business success. We’ve been actively
Driver Shortages Remain A Top Concern for Trucking Companies
Managing a successful business requires focus on tackling the day-to-day operational issues while strategically steering the company towards growth and increased profitability. For some this means addressing worker shortages, training needs or developing new recruiting programs. Others may focus on product development, supply chain management and vendor issues. The strong
Wholesale & Distributors Should Prepare for Change in 2020
When the Federal Reserve (“the Fed”) dropped interest rates for the third time in a row this past October, the business world took notice. At the time, the Fed stated their rate drops were simply insurance against a recession and not indicators one was imminent. This move may have paid
A Roadmap Recap for Wholesalers & Distributors
On Thursday, August 26, Barnes Dennig hosted the annual seminar for the Wholesale/Distribution Niche. We had a great turnout to hear Mike Marks present on Creating a Digital Roadmap to Drive Profits. Mike began his presentation showing that the distribution industry remains robust but is facing dramatic changes. At
Private Company Relief – FASB Approves Delay of Effective Dates for Changes in Lease Accounting and Credit Loss Accounting
In our previous coverage of the Financial Accounting Standards Board (FASB) proposal to delay Changes in Lease Accounting and Credit Loss Accounting in July of 2019, we reported that the FASB voted in favor of one-year delays in the effective dates for non-public entities. At their most recent meeting in
Creating a Digital Roadmap to Drive Profits
On Thursday, August 26, Barnes Dennig hosted the annual Seminar for the Wholesale/Distribution Niche. We had a great turnout to hear Mike Marks present on Creating a Digital Roadmap to Drive Profits. For those who have not had the opportunity to hear Mike present, he has had a long