Issue link: https://read.dmtmag.com/i/70749
62 • JULY 2012 • WORLD FENCE NEWS Business failures: They can be prevented continued from page 60 turnaround expert. Even though they are an added expense when cash flow is already tight, they can more than pay for their services if they are good at debt restructuring and negotiations. It takes a team It often takes a team to help busi- nesses succeed during tough times. The business may need an injection of cash that can be achieved with asset- based lending or factoring, as well as a good business advisor to teach them about the financial side of their busi- ness. Finding quality business profes- sionals who understand this niche can be the tough part. The internet is a vast and scary space when business owners don't know what they're looking for. The terms used to describe these consulting services are not taught in school, and most owners don't know how to find this kind of help. This is where a banker can provide invaluable advice and assistance – asset-based The Vinyl Business Doesn't Have To Be A Hair-Raising Experience! Join The "Less Stress, Road To Success" Program From American Made Vinyl Extrusions (AMVE) PVC Fence Profiles and Accessories in Five Colors, Minimal Color Upcharge, Best Selection of Hinges and Latches Fabricator Owned, Fabricator Focused www.americanmadevinyl.com For More Information Call: 605-291-9223 Visit Us At lending, factoring and quality man- agement consulting are all referral-de- pendent. No business has to fail due to fi- nancial mismanagement or a lack of expert financial assistance. But own- ers need advocates surrounding them who are proactive in identifying when they may need a helping hand – and then making the right introductions. Tom Klausen is the president of First Vancouver Financial Services, Ltd., and a consultant in the small July 1987 Here are some articles and items that were being covered in the July 1987 edition of World Fence News, 25 years ago this month. • The cover photo for the July issue showed "Roberta the Cow," a 10- foot-high fiberglass bovine used by Roberts Dairy of Omaha, Neb. as a promotional gimmick. About 45 feet of three-foot chain link was erected around Roberta to keep kids from climbing up onto her. The photo was provided courtesy of American Fence Co., which did the chain link instal - lation. • In a major development, Mont- World Fence News has a Facebook page! Enter or click on the link below http://www.facebook.com/pages/World-Fence-News/121158604594820 Then click on "Like" to receive updates! Any questions, contact World Fence News at 800-231-0275 View our web page at www.worldfencenews.com World Fence ews News from the World of Fencing, Access Control and Security N © gomery Ward announced that, after a century of involvement in the retail fence business, its customers would no longer be able to contract for residential fence installations through the Chicago-based company's local outlets. According to a MW spokesman, the decision to drop the fencing line was not made because of low profits, but was part of an overall shift in cor- porate strategy. The company notified firms which had Installation Contractor Agree- ments with MW by letter that the de- cision had been made "to exit fencing in all of its stores by June 1, 1987" and that they "should not purchase inventory in anticipation of future orders" after that date. • A feature story on Walpole Woodworkers of Walpole, Mass. told how the firm had a 54 year tradition of building wood fence in New England. From milling their own lumber to cus- tom designing, they built wood fence from the ground up – literally. • Fencer and humorist Jim Hart said he would rather face the county zoning board than the wrath of a sweet old lady who was not satisfied with the results of a fence job. • Safety expert Charles Roberts suggested that company owners and managers institute 10-minute toolbox talks to help crews think about work- ing safely. • World Fence News contributing July 1987 cover editor Jim Lucci suggested things that employers can do to recognize and remedy on-the-job drug abuse. This was the final installment of a series. • World Fence News contributing editor Herb Borner looked at some handy fencing tools that can make the fencer's life a lot easier. • Want to sell more fences? Ex- pand your product line, said a business consultant. • Family business expert Leon Danco said that the owner of a suc- cessful family business must eventu- ally force himself to make the crucial decision to pass the reins of power to his heirs, or sell out. July 1992 Here are some articles and items that were being covered in the July 1992 edition of World Fence News, 20 years ago this month. • The cover photo for July showed a security fence project at Houston In- tercontinental Airport. Anchor Post Products of Texas had completed the job, which involved 24,000 lineal feet of chain link fence and 15 electrically operated slide gates, one of them spanning a 290-foot opening. The cover story was an announce- ment from the California Department continued on page 64 business field. He works with small business owners, lenders, consultants and accountants throughout the U.S. and Canada. Klausen has been in- volved in the alternative lending field for more 27 years, participating in hundreds of successful fundings, and has written and published numerous articles on the topic of alternative fi- nance. Visit www.fvf.ca or reach Klausen by phone at 604-988-1490 (in Canada) or 206-947-0912 (in the U.S.) or by e-mail at TKlausen@fvf.ca. Through the Years with World Fence News