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FINANCE

News Articles, Data and More

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    The Missouri Association of Manufacturers is excited to connect our manufacturing Members to financial wellness education for your employees - partnering with Dalton Stockton, CRPC, and working with Lincoln Financial Group. Help improve productivity while relieving employee financial stress.

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     A recent survey by SHRM found that offering financial wellness programs to employees not only helps them focus on their work, but can help improve their overall well-being, increase employee retention, and attract new hires.

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Manufacturers

401(k) Program

Recession Planning 101: how to Prepare Your Business Now

Whether a recession is imminent or not is hard to know, but follow these steps to ensure your business is ready to weather an economic downturn whenever it comes.

How Much Cash Flow Should Your Business Have on Hand?

Whether the economy is good or bad, there's no wrong time to sort out your business's cash flow. Here's how to figure out what cash reserves you need.

Green Tax Initiatives for Manufacturers in the Inflation Reduction Act

The Inflation Reduction Act of 2022 (IRA) was signed into law on August 16, 2022. Much of the attention of this Act has been on the additional funding of the IRS and on credits for electric vehicles. However, there were several revised and new code sections that provide for certain tax credits related to the production of and investment in a wide array of energy projects, components and facilities.

A Fresh Look at Leasing

What's your take on equipment leasing? While roughly 8 out of 10 U.S. businesses use financing for equipment and software instead of purchasing them outright, many misconceptions still exist

How to Choose a Lessor

Many companies are exploring leasing as a complement to existing finance sources. About 80% of businesses in the United States utilize equipment leasing or financing to fund their operations, according to the Equipment Leasing and Finance Association (ELFA).

Support for Small Manufacturers

The U.S. Small Business Administration has established a Manufacturing Office to prioritize the expansion of small U.S. manufacturers as they commercialize innovation, automate processes, enter new markets, expand capacity, and strengthen resiliency.

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How SBA helps small manufacturing businesses:

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  • Sell to the federal government

  • Purchase and upgrade equipment

  • Expand or renovate facilities

  • Acquire inventory

  • Establish and implement process improvement strategies

  • Develop and implement workforce recruitment and management plans

  • Export to international markets

  • Diversify supply chains and sales strategies

  • Address cybersecurity challenges

  • Conduct research and development on innovative manufacturing processes or products

MAM Members, Partners and Industry Suppliers who specialize in Automation, Robotics and New Technology.

MAM Resources

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PNC Bank

Banking and financial services and programs for manufacturers

Wipfli

Audit, tax, assurance, risk assessment and advisory services

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First American Equipment Finance

Leasing and financing solutions to support your equipment needs.

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