How to make your business attractive to a buyer
November 6th, 2020
Thinking about selling your business—either to an outside party or the next generation? Then it’s time to start considering how your equipment and processes fit into your succession plan. Jonathan Palmer, the second-generation owner and CEO of equipment supplier Autometrix, and Autometrix director of global sales Truy Pham, led an educational session at IFAI Virtual […]
Overcoming Murphy’s Law yields pain-relieving yarns for socks
November 6th, 2020
“Lather, rinse, repeat. Lather, rinse, repeat,” became the mantra of Matt Komes, CEO at VOLT, when his company took on the challenge of making CBD-infused socks for pain relief. Komes presented the VOLT product development process Oct. 5 at IFAI Virtual Expo 2020. VOLT, a division of Supreme Corp., has expertise in military and medical […]
Research and development partnerships work one-on-one
November 6th, 2020
The process of working with a research and development center was discussed in Dr. Thomas Stegmaier’s presentation, “Testing and Standards Integral to Timely Product Development.” Dr. Stegmaier is with DITF [Deutsche Institute Fur Textil Und Faserforschung Denkendorf], a large, textile research center located in Germany. It partners individually with industry participants to develop new technologies […]
Responsive textiles with infrared technology
November 5th, 2020
In a presentation titled, “Amplifying Human Energy to Drive Performance and Recovery,” Hologenix LLC co-founder and CEO Seth Casden described the company’s Celliant® technology and explained how responsive textiles using infrared energy can increase tissue oxygen levels, which can improve athletic performance and recovery, sleep quality and general health and wellness. All sentient beings emit […]
A primer on Employee Stock Ownership Plans (ESOPs)
November 5th, 2020
An Employee Stock Ownership Plan (ESOP) offers lots of attractive benefits: studies have shown that ESOPs improve productivity, increase sales and improve return on assets, plus they offer great tax advantages. But more than any of these attributes, an ESOP offers the owner of a company peace of mind and an enduring legacy. “Many times, […]
HGTV stars reanimate neighborhoods while growing a family business
November 4th, 2020
If children dress up like you on Halloween, it might be safe to say that you’ve made it. Made it, that is, as television stars, as have HGTV’s “Good Bones” hosts Mina Starsiak Hawk and Karen E Laine. The mother-daughter team were featured keynote speakers Nov. 4 at the IFAI Virtual Expo 2020. “So many […]