Is $15 The New $25? Coping With the Labor Shortage

The Big Trends in Small Business newsletter on LinkedIn touched on a subject that is vexing many entrepreneurs, the labor shortage. The article featured a pair of San Francisco-based family restaurant owners who have had to close their pizzeria from time to time because of labor shortages. Their problems aren’t unique to their industry, they … Read more

Platinum Group Metals 2023 — Economic and Industrial Factors

Which economic and industrial factors affect the price of the Platinum Group Metals (PGMs), namely platinum, palladium, and rhodium, which subsequently impacts the price of scrap catalytic converters? A Hedge Against Inflation From an investment perspective, precious metals are non-interest-bearing assets. Investors will sometimes add precious metals to their portfolios as a hedge against inflation, … Read more

Environmental and Safety Compliance

I want to talk about the importance of environmental and safety compliance, and its return on investment, as well as the cost and potential liabilities. Let’s start off with the question of what exactly does compliance mean for the Automotive Recycler? For this article, we will talk about two main areas of compliance, the first … Read more

Inventory — The Gift That Keeps On Giving

An employer advertises for an Inventory person, and the job description says, “For this Inventory position, we need someone responsible”. An applicant replies, “I am the right person for this position. In my last inventory job, every time parts were missing or in the wrong place, they said I was responsible”. Many people might argue … Read more

Is Your GPS Working?

Surprise, a New Year is here AGAIN! The years go by quickly, and sometimes we need to reroute ourselves so we’re ready for what’s up ahead. Recently, my wife reminded me that I needed to write an article on “A New Year, a New You” which would center around reinventing oneself in 2023. As maybe … Read more