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Webinar Recordings

Create a Crisis Communication Plan in 5 Steps

  • August 2020
  • Number of views: 81
Article

Regardless of size or legacy, your business may face a crisis. It could be a natural disaster, data breach, workplace fatality or even publicized misinformation about your company. Responding swiftly with complete and accurate information and a plan of action will help you come out on top.

The Evolution of Electromechanical Repair Centers

Industry Awareness

  • August 2020
  • Number of views: 107
Article

The electromechanical repair and service industry has evolved over decades by reacting to the various changes in the dynamic landscape. These changes are apparent in parallel with the development of evolving maintenance philosophies.

Payment Methods: Benefits and Risks

Lessons Learned from EASA Members

  • August 2020
  • Number of views: 88
Article

Merchants (sellers) have a decision to make when they set up their business regarding accepted forms of payment. All methods come with risks, but the goal is to mitigate that risk so it is easy to conduct business with customers (buyers). Learn from situations that other EASA members went through.

Invest in Developing Leaders to Ensure Ongoing Success

  • August 2020
  • Number of views: 49
Article

As leaders, we are responsible for developing those around us to maximize their performance and prepare them for larger roles within our organizations. This facet of management presents several challenges, not the least of which is a shortage of experienced technicians. While we have mostly focused on filling technical positions, we can make a similar case for acquiring management, sales and support talent.

Small Business Fraud: Avoiding Common Schemes

How EASA Members Have Fallen Victim

  • July 2020
  • Number of views: 256
Article

An Association of Certified Fraud Examiners (ACFE) study in 2018 concluded that 30 percent of fraud cases occurred in small businesses, and 60 percent of those did not recover their losses. Those losses were in addition to the regular things that can affect productivity and profits, such as employee morale, brand image, reputation and unforeseen issues like global pandemics. Fraud in small businesses can have a more damaging effect because of smaller scales and profit margins.

Report on EASA Activity with IECEx Technical Committees: Part 2

  • July 2020
  • Number of views: 205
Article

Working Group (WG) 27 held a two-day meeting and reviewed comments from committee members on IEC 60079-7 (Ex “e”). The latest draft of IEC 60079-0 and its Annexes were reviewed. Since IEC 60079-14, selection, design and erection of fixed electrical installation was ongoing, the committee proposed the inclusion of an Annex relating to EMC and safety related aspects of converter installations.  

Preparing Your Business for a Financing or Sale

Techniques for Maximizing the Value (and Minimizing the Risk) created Through a Transaction

  • June 2020
  • Number of views: 264
FREE for Members of EASA
Convention presentation

Raising capital or selling a business is time consuming and requires significant preparation well before the first potential financing partner or acquirer is contacted. This presentation provides insights on that preparing for that process.

How Has the Economic Downturn Altered Liquidity Options for Business Owners?

  • June 2020
  • Number of views: 210
FREE for Members of EASA
Convention presentation

Despite the economic downturn, there is an abundance of private capital and continuing long-term interest from financial and strategic acquirers in quality businesses. As part of this presentation, England & Co. will ask a panel of non-control and control investors and acquirers along with a well-known ESOP attorney to explain key aspects of their particular transaction focus and provide their views on how the current downturn is likely to impact overall levels of transaction activity.

Managing Short-Term Liquidity Needs During an Economic Downturn

  • June 2020
  • Number of views: 233
FREE for Members of EASA
Convention presentation

Solid middle-market businesses are vulnerable to revenue surprises and market volatility as the impact of COVID-19 on the economy is currently demonstrating. While the long-term prospects of your business may not be materially impaired by temporary decreases in customer demand, delayed projects or supply chain disruptions, the earnings impact can potentially trigger a default under performance-linked financial covenants with a lender.

Leadership: Personal Inspiration

  • June 2020
  • Number of views: 291
FREE for Members of EASA
Convention presentation

Employees need help getting through these uncertain and unprecedented times. While it’s our job to provide guidance and encouragement, who is guiding and encouraging us?