Tips for Acing Interviews

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Congratulations! You’ve made it over the first two hurdles – finding an opening that suits both your interests and qualifications, and securing an interview with the company. Now comes the make-it-or-break-it moment that can send even seasoned veterans into a state of nail-biting nervousness: the interview. Relax! Below are ten tips for interview success, courtesy… Read more »

Tips for Success When Working With an Outside Recruiter

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Finding talented employees can be a difficult task for any business, but it can be especially challenging for plastics processors. Unemployment rates are approaching ten-year lows and, as countless articles suggest, there is an ever-widening skills gap in the workforce. In this tough hiring environment, many businesses turn to staffing and recruiting firms for help…. Read more »

Acquire or Build: How Best to Enter Mexico’s Injection Molding Industry

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Introduction The current and projected growth in Mexico’s manufacturing sector has created a burning need for additional injection molding capacity. For molders or other processors looking to enter the Mexico market, there are a lot of different options. The main ones include acquisition, greenfield site, shelter provider, strategic partnership and even opening a plant on… Read more »

Outside Reps or Salaried Sales People?

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Many of our clients ask us the same question: “Which works better for an injection molding company: manufacturers’ reps or salaried salespeople?” This is a GREAT question and our usual answer is: “Well, it depends…”  There are lot of factors that influence the decision, including the size of the company, the industries served, typical product… Read more »

When should I sell my business and how do I prepare?

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At MBS, we hear this question from a client or potential client at least once a week. Although we are experts in all aspects of M&A, we don’t have a crystal ball. The world is too complicated (and uncertain) these days to know for sure the best time to exit. However, there are some guidelines… Read more »

MBS Shares “What Not To Do.”

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Terry Minnick & Andrew Munson, partners with MBS, gave a presentation at the Plastics News Financial Summit in Chicago in early June about “What Not to Do When Selling a Molding Company.” The presentation was very well received and recently quoted in Plastics News.   Click here to view the article:

How to Give Employees Constructive Feedback

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As managers, we intuitively know that giving and getting honest feedback is essential to grow and develop, and to build successful organizations. So why is it that many of us put off giving feedback to our employees? Maybe it’s because there are so many ways to mess it up. Here are some common feedback mistakes:… Read more »

Build Trust

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Trust is essential when building a healthy and productive work environment. Whether you’re leading an entire department or work hand-in-hand with a just a few coworkers, it’s important to build trusting relationships. Here are several tips to help build trust with both your coworkers and your superiors: Be honest and share information completely. Be straightforward and… Read more »