Maximizing Throughput on Fixed Assets and Overheads
PROFITABILITY IN SMALL TO MEDIUM SIZED BUSINESSES DEPENDS
ON DOING AS MUCH AS YOU CAN WITH WHAT YOU HAVE...
Often small to medium sized business operations cannot afford large additional capital investment in facilities or equipment. Consequently, learning to maximize production and cost-efficiency is key to doing well.
A while back,I made the following presentation to an industry seminar at the International Marina and Boatyard Conference (IMBC) in Tampa. The full text is available upon request to marine and other operations management professionals and entrepreneurs. For information on how to obtain it, scroll down to the end of this post. But while you're doing so, take a look at the capsule version here, to see if it resonates with you. — Phil Friedman
Author's Notes: If you found this article of value, you may want to take a look at some of my other writing about small business operations and management:
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About me, Phil Friedman: With 30 some years background in the marine industry, I've worn numerous hats — as a yacht designer, boat builder, marine operations and business manager, marine industry consultant, marine marketing and communications specialist, yachting magazine writer and editor, yacht surveyor, and marine industry educator. I am also trained and experienced in interest-based negotiation and mediation. In a previous life, I taught logic and philosophy at university.
The (optional-to-read) pitch: As a professional writer, editor, university educator, and speaker, with more than 1,000 print and digital publications, I've recently launched an online program for enhancing your expository writing: learn2engage — With Confidence. My mission is to help writers and would-be writers improve the clarity of their thought and writing, master the logic of discussion, and deal confidently with criticism and disagreement.
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Text Copyright © 2014-16 by Phil Friedman — All Rights Reserved
Images Credits: Phil Friedman, FreeDigitalPhotos.net, and Stuart Miles
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