Laser Profile Sensors – An introduction to True Differential Thickness Measurement™ (TDTM™)

The solid wood industry is somewhat unique, due to the biological nature of the material being processed. Manufacturing processes impact many thousands of pieces every day, each piece with unique characteristics that challenge optimization scanning systems. An ongoing challenge that is not resolved by the optimization system may result in considerable lost value to the saw miller.

High-strain band millsBowed lumber is an ongoing challenge that will cause portions of the piece to lift off of Top of Chain and vibrate vertically with varying degrees of frequency. No two pieces of bowed lumber will be exactly the same, but10% of a day’s pieces may exhibit signs of the bow. The next day’s product mix may exhibit less bow, substituting instead another characteristic, perhaps related more to the steep edge wane of a smaller average diameter log. Ends may exhibit stepped, beveled or broken fiber direct from the forest or as a result of the sawmill manufacturing process. Other manufacturing imperfections may include snipe along the length in width or thickness.

Edges or faces may be untouched or partially touched by the manufacturing process, resulting in ‘live’ faces or partially ‘live’ faces of varying thickness’ and straightness on the edge. Arun of ‘reman’ from the yard may have weathered long enough to exhibit a greater degree of warp, creating misloading of the piece prior to the scan, ‘rocking’ of the piece through the scan, and wide faces that are not parallel to the Top of Chain.

Lumber characteristics may also be combined in any combination. These characteristics and more, in varying degrees of deviation from negligible effect to the extreme, create the demand for accurate profile sensing that will not falter when called upon.

Lumber mills also have demanded ever better width, and length accuracy’s in addition to the softwood mills’ gravitation to faster line speeds.

This propensity for unique lumber characteristics and combinations of lumber characteristics combine with mill production expectations to require a sensor designed specifically for lumber (solid wood products). The challenge for optimization vendors who intend to be in the wood products business for the long haul is to provide lumber scanning that extracts consistently accurate profile measurements to feed the optimization ‘engine’ for a wide variety of lumber characteristics and solid wood product market applications. It also is erroneous to presume that lumber presentation and characteristics are restrained to limits experienced in another industry. For example, a sensor designed to measure materials with relatively homogeneous characteristics such as metal plates or ingots or panels may not produce the required results in the solid wood industry. And the optimization engine scores each piece of lumber based on what the scanner ‘sees.’ At the end of the day, system performance begins to depend on luck when a profile sensor feeding measurements into the system fail to recognize certain lumber characteristics correctly.

Optimization vendors with limited experience and/or sensing expectations in the solid wood industry might offer consumers a sensor for reasons other than the quality of sensing. Sensor selection might be due to simple availability (for example, what is available from the scanning supplier’s shelf), or some historical offering of their own design, or cost. In order to promote their system, optimization vendors that utilize sensors with a tendency to mis-measure certain characteristics of lumber profile may rely on other sensing arguments (for example, profile density, price, wood quality input, seemingly generic studies). These other arguments are certainly viable considerations for the saw miller, as long as they ‘sit’ on top of consistent and dependable lumber profile measurements. The consumer, of course, is the final discerning factor, determining which optimization system works best for their application.

 

Factors to Consider Before Repairing or Replacing an Appliance

When the appliances you rely on most for your daily upkeep stop working or start making weird noises it can be quite frustrating. It leaves you wondering whether you need a new appliance or your existing one just needs a repair.

Considering the fact that buying a new appliance can be very expensive, ensuring that your current appliances last longer is always a priority.

  1. Cost

The first thing to consider is how much you will be spending. When it comes to repairing your appliance, you may find that some parts are too expensive. This makes the cost of repairing a little bit too much. However, if the cost of repairing is already more than 50% the amount required to buy a new one, then replacing is your best option.

Unhampered conveniences with modern kitchen appliancesWhen it comes to replacing, I would advise you to look out for any deals available. Who doesn’t love a good bargain? The prices are already too high so saving some money and still getting a new appliance is a huge deal.

  1. Durability

As you know all appliances have a lifespan. When an appliance is halfway through its lifespan and has brought you problems upon problems, the best thing to do is replace. Once an appliance is repaired and still needs more repairs, this is indication enough you need a new one.

Also, consider your warranty. If you still have a warranty on the appliance this means it will cost you way less with the repairs. This is because with a warranty the repairs are largely handled by the company.

However, you should remember that having issues with your appliance is expected so don’t replace it the first time you get issues.

  1. How hard is it to repair

It is common knowledge that most people are hands-on and like to do things themselves. Any repairs or decorations around the house they are first to dive into the project. However when it comes to appliances you just can’t DIY even if you wanted to. Repairs need to be handled by a professional. This is mainly because you may end up doing more damage than good despite your motivation to help yourself.

When it comes to finding parts needed to replace the old it may become hard. Some of the parts required may be too expensive to acquire and maintain. In other cases, the parts are just no longer being manufactured. This leads to an immediate replacement of the appliance considering you have no other option. Without the parts, the appliance simply can’t be fixed.

  1. Extra costs

This requires you to do some calculations to see whether your current appliance is incurring the extra costs. Get your electric and water bills for the past year and look at how much you have spent. Then take a look at how much it would cost you to repair including parts, labor, and installation. With this, you have a better understanding of what to do next. If the cost of repair plus bills is too high then a replacement is the only logical option.

When replacing make sure to go for an energy efficient appliance. This is because it will save you so much when it comes to the cost of running it. Your electric and water bills will reduce significantly.

  1. Better maintenance

Ask yourself this question, would my appliance perform better with proper maintenance? If your answer is yes then it is best to repair it provided you stick to the maintenance part. The difference between appliances that become faulty most times than others is the usage and maintenance.

When one uses their appliances too much and doesn’t keep up with proper maintenance the appliance is bound to crush. The best thing to do is to use your appliance as needed and be prompt when it comes to the maintenance and care of the appliance.

  1. Style replacement

As we all know, what you loved two years ago might not be the same thing that sparks joy for you now. Times change and you get exposed to new styles and ideas of how to improve your home. When most people are doing their renovations, the find that the after result isn’t yet complete. This is mainly because the appliances may not be in sync with the new renovations.

For every style and functionSince appliances cannot be renovated to suit your new style, you have to pitch in and get new appliances that complement the place. This, however, does not need to be a rash decision. Since your current appliances work just fine, getting by them until you upgrade is also an option.

Take your time to see what’s new in the market. Look at different styles and models of the appliances you want to purchase. Also, remember to take a look at the specifications and how the appliance functions. This is to ensure you don’t downgrade and find yourself dealing with too many appliance repairs.

To repair or replace? They both have their advantages and selling points. Always make sure you take a good look at the underlying factors to make sure whichever decision you make is the right one. Don’t exhaust your pocket and leave yourself dealing with other repairs while you could have replaced.

To sum it up, it is evident that the decision to repair or replace will be dependent on you. Whichever decision you make you can’t go wrong. Just do what works for you and don’t feel pressured.

Remember when going for repairs, you have to consult a professional e.g. TX Appliance Repair. Take a look at the work they have done and gauge whether they are the right fit for you. It would be a shame to take your appliance for repair only for them to be damaged further.

Take your time when buying new appliances to ensure that they serve you longer and with reduced costs. Lastly, remember that the key to a longer lasting appliance is proper and timely maintenance.

Inventory Support of Over 10,000 Parts

Inventory management is a critical consideration for any manufacturing related industry. Certainly, the wood processing industry is no different.

COE inventory of partsCoe Newnes/McGehee has always been conscious of our customers’ needs and the dynamics of maintenance and production issues that create demand for replacement parts and components.

Ongoing customer input, feedback, and historical data allow us to monitor trends to help prepare and adjust our inventory very quickly to meet customer market demand.

Our extensive project data bank and drawing vault allow us to track parts and minimize delivery of replacement components for vintage systems.

As such the CNM Materials Management group maintains an extensive inventory in each of our strategically located warehouse facilities in Canada and the United States. With over 10,000 standard parts in inventory, we are prepared to provide valuable time-saving solutions for our customers. Often orders are shipped the same day.

As such the CNM Materials Management group maintains an extensive inventory in each of our strategically located warehouse facilities in Canada and the United States. With over 10,000 standard parts in inventory, we are prepared to provide valuable time-saving solutions for our customers. Often, orders are shipped the same day.

5 Things Exterminators Check During Termite Inspections

What is Infestation?

Infestation means a state in which parasites or pests overrun space. It also includes actual organisms living on a host.

Pests can infest anywhere, provided they get the conditions suitable to survive. Proper temperature, food, and water are what they look for as it is enough to sustain them. They come in big numbers, and it is difficult to eradicate them once a place becomes infested.

Protect your fabulous wood interiors from termitesTermite Infestation

Termites are small insects that live in colonies and many species feed on wood. Because of their wood eating habit, they often colonize and damage unprotected structures. Wooden construction material acts as the food source and as a result, draws termites. Their habitat is often concealed and undetected till the wood is completely damaged.

What causes Termites?

There are three types of termites that can infest your home – subterranean, damp wood and dry wood. Subterranean termites live on the ground while the other two types live within the wood they eat. Termites are attracted to certain things which may cause an infestation.

Cracks in exterior:  Cracks in the foundation of homes or gaps in sidings allow termites to venture inside. Subterranean termites can build mud tubes and move indoors. Fissures around doors and windows also allow termites passage and opportunities to build a colony.

Moisture: The level of moisture inside your house attracts termites and subterranean and damp wood termites thrive in such an environment. Poor air circulation, leaky pipes, and incorrect drainage creates humidity inside homes and can lead to a termite infestation.

Wood in the foundation: Termites need to move through soil and wood to get inside a house. Hence having wood that is in contact with the foundation of a house makes it susceptible to infestation. Firewood or mulch placed close to the foundation is an example through which termites can access wood in the home structure.

Infestation and Inspection

In order to check if your house is infested with any kind of pests or termites, you can call professional and licensed exterminators. They can quickly spot signs of infestation and help you in getting rid of the pests before they cause damage to your house.

The things that exterminators look for during a termite inspection are:

  1. Damage to Wood

Termites eat wood from the inside, and any damage is not visible to the naked eye. Termite inspectors will check wood by tapping it, and if there is a flat or low sound, it may be indicative of the wood being hollow. In advanced stages of infestation and disintegration of wood, you can see pieces of mud and deep parallel grooves that tell you that termites have gone through it.

  1. Mud is found in Construction Joints

Termites like to seal themselves inside and make themselves more comfortable. They get inside cracks and seal the gaps with mud or dirt. If you see dirt or mud in cracks or holes in construction joints, concrete or sheetrock, then termites may be responsible.

  1. Wood around the House

Wood in and around your property can harbor termites. Wood fencing, firewood, dead wood and wooden structures around your house are all food sources for termites. If they infest those, then your house is not far off the list. Wood mulch within a distance of 4-6 inches of your home’s

the foundation also attracts termites and will guide them to the structural wood inside your house.

  1. Mud Tubes

An obvious indication for an exterminator that there are termites are mud tubes. They are like streams of dry and crusted mud that is used by termites as highways to move around. These are also known as shelter tubes and can be found in exposed spaces, along with the foundation, near pipes or in the attic. These tubes are made of wood cellulose, soil and other matter. Most tubes are as thick as a drinking straw. If you need to check if the tubes are recent, break a part of it and observe if it is sealed back up. If yes, then there are termites at work.

  1. Swarmers

Established termite colonies produce winged adults called alates which can fly off and create their own nests. Nests release alates slowly, in swarms. So, if you find too many winged insects inside your house, there is a high chance of a nest nearby which uses your home as a food source. Alates try to get outside and may gather near the corners of window sills, where an inspector will look. You can differentiate a flying termite from other flying creatures by looking at their wings. Their front-end and rear-end wings are of the same length. Termites have wide waists and straight beaded antennae.

Get an exterminator to do the jobThere can be other signs that may reveal potential and recent infestation. Termites also like to eat cardboard and paper. Finding any shredded cardboard and paper will tell if there are termites. An exterminator will also look for signs of droppings, larvae sacks, and discarded wings. An exterminator may look at entry points for termites that may leave home vulnerable. Crawl spaces and broken basement windows are potential pathways or entryways for pests to your home. The exterminator may check for exit holes as well and seal both to prevent entry or exit.

Extermination

A termite inspection can take around 30 to 45 minutes depending on the clutter, area, and size. If the inspector finds a presence of termites, then they can suggest a chemical treatment. Subterranean termites can be treated chemically by creating a barrier between the house and the colony which is usually in wood or the soil. Check out pest control for both residential and commercial termite inspection and exterminating services in New York.

Termiticide is placed in sources of entry, hollow masonry and block voids. In-ground baiting system places cellulose bait stations at locations for termites to find. Once termites find it, they are replaced by a chemical inhibitor for termites that retards their molting process and prevent them from growing. Foraging termites then bring back the chemical to their colony and spread it around, thus killing the entire colony.

Difference Between FAA, EASA, ICAO, CAA & JAA

The terms CAA, FAA, EASA, JAA and ICAO may all sound like jargon to an ordinary traveler, but in reality, they are all regulatory bodies. The fact is that Aviation has indeed come a long way since the inception of the industry and these bodies are mandated to ensure that air flight remains safe and secure for all air passengers. To put it in perspective, over four billion air passengers flew in commercial flights and private jets to various locale, last year.

Federal Aviation Administration (FAA)

The FAA oversees the aviation industry in the USFormed in 1958, the FAA is the national aviation authority in the US and is primarily responsible for overseeing all aspects of the aviation industry in Northern America. It is also the agency that mandates all flights, compiles a strict set of guidelines to ensure that the flights remain safe and that the passengers can travel securely to their location. Beside the mandatory licensing for the commercial flights, the private charter service companies like MBSF Private Jets ensure that they allow the pilots and aircraft that are licensed and authorized by Federal Aviation Administration.

Ever since the world towers incident, the FAA has ramped up their guidelines and has even introduced random checks to ensure that air flight remains both safe and secure. The FAA has laid down some ground rules, known as federal aviation regulations (FARs). The FARs cover every single aspect of the aviation industry from hot air ballooning, to pilot behavior, pilot requirements, what to fly and importantly, when to fly.

This document is quite vast and is also sometimes called 14 CFR Part xx to avoid confusing it with Federal acquisitions regulations which uses the same acronym. All pilots and airline officials are required to familiarize themselves with the document.

European Aviation Safety Agency (EASA)

While each nation has its own aviation regulatory body, the European Aviation safety bureau is responsible and is also mandated to develop and regulate the aviation rules for all the nations that are currently part of the EU. EASA is currently headquartered in Cologne, Germany and is primarily responsible for air safety, developing and distributing guidelines concerning air travel, conducting analysis and research on safety, advising member nations, grant certification to aircraft and more.

EASA attained full functionality in 2008, and since then, it has been the supreme aviation regulatory body in EU, where it had inherited the duties of Joint aviation authorities (JAA). This was more than necessary given that air traffic over Europe can be quite heavy; in fact, the traffic management for EU handles nearly 26,000 flights per day.

Naturally, EU needed a common set of guidelines for aviation and an all-encompassing regulatory body in the form of EASA. EASA has currently proposed the single sky initiative wherein there is a smoother transition between European flights and international ones.

International Civil Aviation Organization (ICAO)

Pilots need to follow protocol from these agenciesAs hard as it may be to believe, the International civil aviation or ICAO can trace its roots back to the now-defunct organization International commission for air navigation (ICAN) and its inaugural meet in 1902. Since its inception, both the airline industry and the bodies governing the same have gone through several changes. Finally, various countries came together and signed the convention on International civil aviation in 1944.

Three years post that, the accord helped to form the ICAO, with the essential mandate of monitoring and regulating all commercial flights and ensuring that air passengers can enjoy their flight, in safety.

The main function of this UN-mandated body is to regulate all commercial flights, and to that end, it provides a set of standards which help to regulate aviation all over the world. These standards, issued by the ICAO often cover technical aspects of aviation, units of measurement, aeronautical charts, guidelines for rescue attempts and more.

By listing out the standards, the ICAO is providing the aviation industry with standardized guidelines; rather than have a different one adopted by each nation; it makes more sense to provide all the nations with a set of standardized aviation guidelines.  It should be pointed out that each nation can change and modify the guidelines as issued by the ICAO, as per their requirement.

Civil Aviation Authority (CAA)

The Civil aviation authority or the CAA stands for the aviation administration in the UK, but the term itself is a tad generic and can be confusing as various nations, from the Czech Republic to Mongolia use the same. That being said, the CAA does not enjoy the same powers as FAA does in the US, but it is still a regulatory body for aviation in the UK. It acts as one of the main regulators in some aspects whereas, in others, it defers to EASA. The CAA, more often than not, acts as a local body on behalf of EASA but this may change, post-Brexit. At the moment, the CAA currently regulates over 50000 active pilots and 19000 aircraft in the UK.

Joint Aviation Authorities (JAA)

The Joint aviation authorities (JAA) was first known as the joint airworthiness, but today, it goes under a new title, with more responsibilities. The JAA was first started to develop common certification codes for large aircraft, but over time it has expanded to include within its responsibilities operations, maintenance, and design standards, as they apply to the industry.

It should be pointed out that JAA has shared some of its responsibilities with EASA, but is considered to be a regulatory body in itself. Some EU members are not allowed a say in the functioning of JAA, and this is bound to cause some friction.

Summary

These are the various regulatory bodies governing aviation industry world over; the industry has seen some rapid changes in the last few decades and more so in the last few years. With airline companies spearheading research for bigger planes, it was natural for these regulatory bodies to evolve as well.

As a result, some of these regulatory bodies even set up guidelines for airline officials, pilots and even members of the public. These regulatory bodies are not just essential but necessary as they go all out to make airlines both safe and secure. It is thanks to these bodies that air traffic is managed better, and flights are safer now.

 

D*TEC Optimization Support in Full Swing

Coe’s objective is to help our customers maximize the value of each finished lumber package leaving the Planer mill. The process of maximizing value begins when the log is broken down in the Sawmill and continues through the Kilns and/or through the Planing and Grading process.

The process of Final Grading in the Planermill includes evaluation of geometric shape, as well as biological defects, and in the case of dried lumber, moisture content. The age-old challenge has been to efficiently and effectively grade the finished lumber to meet inspection bureau requirements, while at the same time minimizing above grade categorization. With today’s enhanced processing speeds, a significant challenge for increasing finished lumber value is occurring.

At speeds of 120 pieces/minute in random length and 200+ pieces/minute in studs, an individual’s ability to grade lumber with a sufficient degree of accuracy is limited. The advent of Planermill Scanning and Optimization systems has helped with recognition and classification of geometric shape thereby allowing planer mill graders to concentrate on biological defects. However, it has become increasingly difficult for a Grader to achieve the required degree of accuracy, even with the assistance of geometric scanning.

Proven Coe Vision Systems with biological defect recognition and classification capabilities are now available to capture increased value from Planermill production by enabling consistent, repeatable grading decisions. Coe Manufacturing Company has multiple systems operating in lumber operations.

The major contributors to increased value realization are:

  1. consistent grade decisions – results in exceeding inspection grade requirements
  2. minimizing above grade in packages
  3. significant increase in recovery of premium grades

Additional ROI considerations are the reduction of Grading Personnel resources, reducing the potential for stress injuries and Workers Compensation claims, and variable settings. With all the benefits as mentioned earlier, payback on this Coe System is expected to be one year or less.

With the addition of edge-scan BioScan™ 4x, all four board faces are scanned for visual characteristics and analyzed for the grade. Knots and splits are combined from all faces for computation of knot displacement and shake penetration.

Recent customer evaluations of the BioScan™ 4x system at Coe’s Portland facilities have shown significant opportunities for improvement in grade accuracy and increases in value realization. Based on these evaluations, several BioScan™ 4x systems have been sold recently, including Weyerhaeuser, Longview, WA, Stimson Lumber, Forest Grove, OR and J.D. Irving, Chipman, NB.

DTEC 5000 Bioscan 4x ScreenshotBioScan™ 4x scans lumber in a single pass without board-turning devices, therefore allowing installations with minimum space requirements. Ultra high-speed imaging electronics allow processing rates up to 240 lugs/min (studs) and 160 lugs (random length). Having already set the industry standard for visual grading, BioScan™ edge-scanning further enhances our lumber characteristic classification capabilities.

Defects in Stain

By utilizing a new feature of Coe’s proprietary Image Processing electronics, defects previously hidden in stain can now be detected and classified. This allows for improved grading accuracy of boards with blue stain or brown stain.

Bark pocket and wormhole imagingSeparation of connected defects

In the past, knots connected to pith and splits were a challenge to classify for any machine vision system. New BioScan™ software now separates each defect component and classifies it properly, thus reducing misgrading.

New detector for MSR/Wet mark & Stain separation

A new color-sensing device is available as an add-on for D*TEC 5000 scanners. The new device has the ability to detect various color spray marks on the boards, like MSR-grade and MC indicators, and it can be used to separate various colors of stain. The new detectors will be located a couple of feet ahead of the D*TEC scanner. This development makes another stride towards fully automated grading in the planer mill.

Conducting Effective Performance Reviews

Writing and delivering effective performance reviews is one of, if not the most important thing that a manager will ever do. Many supervisors whom I’ve coached on this task view performance reviews as an interruption, even a hassle. Before learning the techniques to prepare for and deliver a review, there is a guiding principle that needs to be understood.

Performance reviews lead to the path to improvementAs a manager, you share in the successes and failures of the people who report to you. Making them a success is the #1 priority in your job as their supervisor. You’re no longer an individual contributor. It’s all about them (your staff) now. If you think that you can deliver more by doing things yourself and not developing your staff, you don’t belong in management. Without your feedback, they will never improve to the point where they can reach their potential.

There should be no surprises on a performance review. This is not the time to catch an employee off guard and make them feel “beat up” on. Effective managers give constant feedback, both good and bad. No one should ever come into performance evaluation and be hit with things that they need to work on without having first heard about those items in a one-on-one meeting. Everyone deserves a chance to improve upon their behaviors BEFORE shortcomings are put in writing in an official evaluation. Review your notes on the feedback you’ve already given. This should make writing the review much easier.

Read the review from an outsider’s perspective. After you’ve written the review, take a step back and reread it as though you don’t know the person. Do your comments match your ratings (provided your reviews have a rating system)? Have you provided sufficient detail to support both your positive and negative comments? If the review might appear unfair to someone who didn’t know the employee, you need to revisit what you’ve written and added more detail.

Review the behavior – not the person. Your feedback needs to be tied to performance measures, not an individual’s personality. Saying that someone “has a bad attitude” or that they are “not a team player” is very inadequate feedback. This will only upset the employee, and it will give them no real guidance on how to improve. Be specific. What actions took place that made you feel that they have a bad attitude? What specific things do they need to improve upon to be a team player in your organization?

Performance Ratios Look at Operational Issues

The business performance ratios examine a company’s performance in:

  • Utilizing the business assets optimally by balancing productivity and maintenance,
  • Training and motivating employees to make them equipped and willing to play their roles competently and
  • Managing inventories, receivables and production operations to speed up the throughput of funds

Good performance in these areas determines how successfully a company is building up shareholder value.

Performance Ratio AssessmentMajor Performance Ratios

Fixed Assets Turnover Ratio = Revenue/Property, Plant and Equipment

Fixed assets of a business are the facilities needed to earn its revenues. The fixed asset turnover ratio computes how many times the outlay on these facilities have been covered by the revenues earned. The higher the turnover, the better the performance, indicating effective utilization of the assets, and also avoiding unnecessary investment in facilities.

Looked at another way, fixed assets turnover ratio measures how well the company’s investment decisions turned out.

Sales Revenue per Employee = Revenue/Average Number of Employees during the Period

The per employee sales performance ratio measures revenue productivity, which is affected by employee selection, training, working environment and motivation. All decisions and activities of a company are carried out by individual employees and this ratio focuses attention on this aspect.

Both the above ratios are heavily dependent on the industry a company is in. Capital-intensive industries need to invest heavily in fixed assets while service industries are typically labor intensive. Hence the ratios become meaningful only when used for comparing the performance of similar businesses, or comparing the performance of the same company over different periods.

Operating Cycle = Inventory in Days + Receivables in Days – Payables in Days

It should be noticed that operating cycle uses the same formula as the cash conversion cycle. The difference between the two is one of emphasis. While the cash conversion cycle focuses on the time it takes from inventory purchase to receipt of cash from customers. The operating cycle focuses on how well inventories, receivables, and payables have been managed. Hence, it is a business performance ratio, rather than a financial performance ratio.

Significance of Operating Performance Ratios

The difference in emphasis between cash conversion cycle and operating cycle highlights the significance of performance ratios. We can say that financial performance ratios measure the final results, while the operating performance ratios force us to look at factors that contributed to these results. They help assess the performance of a company (compared to other companies in the same business, or its own past performance).

Operating performance ratios measure fixed assets turnover, employee performance in generating revenues and operating cycle of working capital turnover. They examine how well the company made its investment decisions, helped its employees to perform well, and managed its inventories, receivables, and payables.

Accounting Tips to Help Your Startup Thrive

As a small business, you are often faced with many roadblocks. You don’t only face challenges with the administration, marketing, operations, human resources; but also, in accounting. It is unfortunate that many startups struggle with managing their accounts when it is, in fact, a fundamental factor that can make or break your business. So, if you cannot manage your finances and accounts, you must find a way to be settled in this department.

Overworking your in-house accountant might not be a good ideaA startup usually must juggle many various tasks. Because of limitations in budget, company owners have to make do with managing a small team taking on different responsibilities. It is a difficult journey to take because people can only juggle so many tasks. There is a limit to what people can multi-task, so a business owner must also be careful of overworking his/her staff. With low productivity comes low sales, and this scenario is what you don’t want to experience.

Most startups fail because of their inability to manage their accounts properly. It is ironic that businesses thrive on the success of their finances, yet most owners do not have the expertise to do the company’s statements. There may be many definitions of success in life, but with business, it is money that defines it. Are you earning enough to cover your expenses, and to get back your capital? Also, how is Return of Investment (ROI) computed? It is when your income equals all your costs and capital. And when you get to this “balancing” point, you know that you have succeeded with your enterprise. It is because you managed to get back all your investments while keeping your business afloat.

As a small business, how do you make sure that your accounting is in check? Would outsourcing your financial tasks to tempCFO help? How do you make sure that you are doing the right thing and you are headed towards the right direction? Here are accounting tips to help your startup thrive:

1. Separate your personal and business accounts

It is a common mistake for many startup owners to meld their personal and business accounts into one. Doing this is wrong for many reasons, and the main reason is you end up lacking the transparency and accountability for what you earn and spend. So, if you want to succeed in your enterprise, make sure that you separate your personal and business accounts. Never allow your personal needs to heed comfort from your company. Even that “one-time” thing is not a good thing to get used to. Be strict on separating the two, and never allow for lending between the two accounts to happen.

2. Keep and record every receipt

It may be time-consuming to do, but make sure that you keep and record every receipt given out and received. Records provide the backbone of accounting, so you do not want to lose out on accountability just by getting lazy with note-taking. Do not think that just because a receipt was used for a small purchase, there is no point in recording it. Every cent counts when it comes to any business, so make sure that you do not forget to account for every transaction that you make in business.

Coe Improving Its Customer Service

Many positive steps are occurring that are aimed to improve customer Support Services. We at Coe Manufacturing are 100% committed to Customer Satisfaction. We’ve implemented several new programs that are dedicated to improving communication between our Sales and Service Representatives and you, the customers we value.

The first program implemented was our 24/7 Customer Support Hotline at 503-268-4093. Customers are encouraged to call this line where basic information is collected and then forwarded on to the Field Engineering Professional best suited to handle your emergency situation in a timely fashion.

In an effort to establish more consistent communications with our customers, geographic territories are being mapped and assigned to regional Sales Representatives. Of course, dialogue with the Sales Representatives you have relied on will continue, but you will also hear from the newly assigned regional Sales Representative who will discuss new product and service offerings as they become available.

Another important addition is the Parts Reference Catalogs designed to make ordering Genuine Coe™ OEM Parts faster and much more efficient. The Veneer Dryer Parts Reference Catalog was released this past Spring. The following items are scheduled for Autumn release and include subsections of the Veneer Lathe Line, the Coastal High-speed Planer System, Fiberboard Dryers and Moore Dry Kilns produced at our Tigard, Oregon facility. The goal is to distribute Parts Reference Catalogs that will cover our ENTIRE product lines by year’s end.

Other Product and Service offerings include the option to lease capital equipment engineered and built by Coe; several upgrade packages with attractive promotional pricing; technical bulletins with valuable safety information regarding your Coe Manufacturing equipment and Software and Maintenance Agreements. Another goal is to make our website, www.coemfg.com, a tool for you to find out what Coe has to offer now, and what you can expect in the future. All promotional materials are kept current and will be posted there first.