A Regular Feature to Help Your Business Improve Its Profitability
The Unidentified Risks in Your Disaster Recovery Solution
Is Business Continuity a Part of Your Plan?
Businesses today have become brutally aware of the need for backup and disaster recovery solutions to protect their data … but is a backup solution enough to protect your business?
The thought of losing data due to a disaster of any kind is daunting for business owners and IT Managers. Loss of data could mean lost emails, accounting data, patient or client files, company records, client legal records, orders, clients, or revenue, and so on.
In the last Bucks County Economic Development Corporation e-newsletter, we introduced a discussion around the problems that a small business owner faces with compressed margins due to global technology. In a summary, these barriers were:
Today’s customers now find new suppliers through internet key word searches
Requests for quote are simultaneously sent to multiple potential suppliers without regard for geographic location or previous history
Prototypes are generated by Cad-Cam software and 3-D printers
Supply chain members are integrated digitally, therefore, easily replaceable and monitored
Penn Stainless Products, a distributor of stainless steel sheet, plate, bar, structural, pipe, and tubular products in Quakertown, PA, and Lehigh University, Bethlehem, PA, have announced a joint venture.
This partnership will enable the Quakertown business and the university to work together to expand opportunities between material users and the research community. The collaboration will align the expertise of Lehigh’s Department of Materials Science and Engineering and more than 20 specialty stainless, duplex and nickel alloys provided by Penn Stainless.
Parts of the Affordable Care Act Delayed Until 2016
On Monday, February 10, 2014, the U.S. Department of Treasury released final regulations regarding the Employer Shared Responsibility requirements of the Patient Protection and Affordable Care Act ("Affordable Care Act"). Generally, the Employer Shared Responsibility provisions of the Affordable Care Act require large employers (defined as those with 50 or more full-time employees, including Full-Time Equivalents) to provide minimum essential coverage to 95% of full-time employees and their dependents or face being assessed an Employer Shared Responsibility Payment ("Payment" or "Penalty").
SCORE celebrates 50 years of service as "Counselors to America’s Small Business". In Bucks County, our 40 counselors will continue to serve the community, fulfilling the mandate to "make a positive difference in the lives of our clients" through one-on-one counseling, seminars, workshops and roundtable discussions.