SILICOSIS: Current Industry Info & a Few Things You Probably Didn't Know (May 2024)

WHAT IS YOUR BUSINESS WORTH? WHAT CAN BE DONE TO DRIVE UP THE VALUE?

This podcast is an expansion upon the presentation made at Coverings 2024 by Rich Katzmann (RockHeads) and Ed Young (Fabricator's Coach). In this podcast, they dive into fabrication shop business valuation, discuss ways owners can drive up the value of their shops, discuss factors that indicate business value. They also discuss how Mergers and Acquisitions (M&A) buyers may or may not be right for your business, and other options that are out there.    The companion presentation can be downloaded at: https://drive.google.com/file/d/13C6ixEUoB7ufbsV0IQKLGeFfqtYtABl4/view?usp=drive_link [https://drive.google.com/file/d/13C6ixEUoB7ufbsV0IQKLGeFfqtYtABl4/view?usp=drive_link]   This is also available as a video on YouTube - go to https://www.youtube.com/@fabricatorscoach/videos [https://www.youtube.com/@fabricatorscoach/videos]

WHY DIVERSIFY AND THE CHALLENGES ASSOCIATED WITH IT

Many Fabrication Shops have considered diversification options -  new markets, new partners, new products, etc. The basis of this podcast is a webinar recorded in June of 2024, in which Rich Katzmann of Rockheads Group and Ed Young of Fabricator's Coach provide information, facilitate discussion, and answer questions of business owners. To get a copy of the presentation, originally made at the Spring Coverings event in Atlanta, go to: https://drive.google.com/file/d/1O8A87i9PS-hkxP4YOHK9Dh3YGNsgeP3W/view?usp=drive_link [https://drive.google.com/file/d/1O8A87i9PS-hkxP4YOHK9Dh3YGNsgeP3W/view?usp=drive_link]

PERSPECTIVES IN BENCHMARKING

This podcast is for Fab Shop Owners, and is an open discussion of benchmarking in this industry. The basis is  a webinar recorded in May of 2024, in which Rich Katzmann of Rockheads Group and Ed Young of Fabricator's Coach provide information, facilitate discussion, and answer questions of business owners. To get a copy of the presentation, originally made at the Spring Coverings event in Atlanta, go to: https://drive.google.com/file/d/1SvTos7camUUere1Y9XG-q_NZC-sPKbPe/view?usp=drive_link [https://drive.google.com/file/d/1SvTos7camUUere1Y9XG-q_NZC-sPKbPe/view?usp=drive_link]

HOW TO GET THE MOST OUT OF YOUR SLAB SUPPLIER - AS TOLD BY A SLAB SUPPLIER

Ed talks with Erik Rapp. Erik has been in tile and stone markets for over 20 years, with his latest position as the National Director for the Everest Stone Group, a US stone/slab distributor.  Erik shares with fabricators ways that they can enhance relationships with stone wholesalers – to make the relationship create greater profits for the fabricator. Tips and tricks follow!

SILICOSIS: Current Industry Info & a Few Things You Probably Didn't Know (May 2024)

Ed talks with Mark Meriaux, the Accreditation and Technical Manager at the Natural Stone Institute (NSI) about the current state of Silicosis in this industry, covering a few things you probably do not know - and what the NSI is doing, the resources they have made available to stone fabrication shops in the US, and more. Links discussed include: The link to the anonymous silicosis survey being conducted nation-wide: https://yalesurvey.ca1.qualtrics.com/jfe/form/SV_eX5tvsDNElDpACq?Q_CHL=qr [https://yalesurvey.ca1.qualtrics.com/jfe/form/SV_eX5tvsDNElDpACq?Q_CHL=qr] or click the link at the top of this page: https://www.naturalstoneinstitute.org/silica/ [https://www.naturalstoneinstitute.org/silica/]   It is really important that as many stone shops as possible take the 10 minutes to complete this survey.   Silicosis Info: https://www.naturalstoneinstitute.org/silica/ [https://www.naturalstoneinstitute.org/silica/] Silicosis Training: https://www.naturalstoneinstitute.org/safety/ [https://www.naturalstoneinstitute.org/safety/] Training Certification: https://www.naturalstoneinstitute.org/safetycertificate/ [https://www.naturalstoneinstitute.org/safetycertificate/]   Mark can be reached at Mark@naturalstoneinstitute.org [Mark@naturalstoneinstitute.org]