Equipment & Technology

Building a Commercial Real Estate Property From the Ground Up

Adding a commercial real estate property to your investment portfolio is a great move for building long-term wealth. Commercial properties can be rented out to individual retailers or customized to fit the needs of any particular corporation. However, sometimes building a commercial property from the ground up can be overwhelming. Many partnerships are needed in order to ensure success.

Land Developer

Depending on the condition of your commercial real estate, you may be starting from scratch and need the assistance of a good quality land developer. Professional developers prepare the raw space for whatever construction you are embarking upon. Land developers can remove trees/debris, install water pipelines, and level the property for a building foundation. Hiring a developer like this can take you through a smooth beginning process in setting the foundation for your building. 

Architect

A good architect is the next team member that you will need to recruit in order to start designing the specifics of the commercial building that you hope to build. An architect will help you to build the most efficient space and will listen to all of your hopes and dreams for what type of businesses you hope to host on the property. Building function is key, and a solid architect will ask good questions and design the space according to your specific needs. 

Building Contractor

From the moment the concrete is poured for the foundation, you will want a good building contractor on your side. Ensure that the contractor you choose is licensed and has good references from others who have worked with them. Ask them to see other buildings that they have constructed and ask lots of questions. Choosing the right building contractor is important because contractors who serve in this role are responsible for the coordination of all the fine details of building the actual commercial space, from the foundation all the way to the painting and finishing touches inside. 

Certified Electrician

Looking for a professional and certified electrical contractor Philadelphia PA is the next step in ensuring that your commercial property development runs smoothly. Certified electricians can ensure that all of the electrical work completed in the building is done according to current codes and local standards, so that city and state inspections are easy. 

There are several more key partnerships that might be needed along the way, but these initial connections should get you started out on your commercial property investment journey. 

4 Steps To a Strong Safety Management Plan

With the rising costs of insurance coverage, many businesses are looking at every option for cutting costs and lowering the price of premiums. While workers’ compensation insurance may be mandatory for most manufacturing plants, you can control the expense by having a safe, accident work environment. The cost of workers’ comp coverage is related to the number of reported incidents each year, and by lowering the number of reported incidents, you can improve the costs of your coverage. Here are some tips for creating a safer manufacturing plant.

1. Establish a Culture of Safety

It doesn’t matter if you are dealing with dock loaders or chain hoists Louisville operators. Safety should be the priority of every employee. Establish clear consequences for failing to comply with safety rules or processes. Safety should just be a speech you give your employees. It needs to be backed up by clear action. Each employee needs to feel responsible for their part in creating a safe workplace.

2. Conduct Regular Evaluations

There is a temptation to cut corners when production falls behind in order to get back on track. By conducting regular evaluations of the site and production line team, you can minimize this possibility. Employees who know an inspection is coming are less likely to take chances with these critical areas. Keeping the inspection time a surprise helps to enforce the need for continued adherence to company safety standards.

3. Implement Safety Incentives

Though you would want your employees to practice good safety habits for their own protection, it is helpful to provide an incentive for long-term compliance. Many companies offer a yearly safety award or quarterly incentive for different safety benchmarks, either falling under a threshold of recordable safety incidents or finding all areas in compliance during an inspection. Motivate your employee in addition to speaking with them continually about the need for safety.

4. Monitor Use of Technology

Cellphones are a distraction, especially for those who are operating large pieces of equipment or machinery. Noise-canceling earmuffs are often needed for protective measures, but having employees wearing headphones to listen to music or answer the phone makes it difficult to communicate and can cause confusion. Have clear boundaries in place for the use of cellphones, as well as other smart devices (such as a smartwatch).

These few areas can help you get your plant on a path toward lower safety incidents. By getting your entire team on board, you can lower the risk of accidents and injuries and lower your insurance premiums in the process.

Investments That Save the World

There has long been a false idea that you can either make money or make the world a better place. That’s simply untrue. Plenty of investments bring personal benefits to you as well as social and moral benefits to the world. If you have a little extra cash, and you’re looking to invest, here are a few ideas for investments that save the world as well as your wallet.

Green Energy

Environmentally friendly investments are more than virtue signaling; they’re also financially smart. Whether you’re looking at solar investment New Jersey or geothermal investments in Iceland, there are countless green industries booming, and they are likely to continue to boom in the future. Forward-thinking companies, countries, and individual investors all agree; green investments are smart investments. 

Innovation

This is an age of innovation, in technology, in industry, and in investments. Countless start-ups aren’t just good opportunities for you, they’re good for society and for the planet. Instead of investing in yet another money-making scheme, look for a start-up taking carbon out of the air and turning it into concrete, or a company that’s bringing better internet to rural areas, or any other of the countless ways that a little money can go a long way towards making the world a better place. 

Invest in Equality

Not all investments are money; sometimes investments are in people rather than businesses or companies. If you’re an entrepreneur looking for new employees, remember that hiring practices go beyond resumes and interviews. Look outside your usual hiring pool for a more diverse group of employees and enjoy the many benefits that come with having a diverse and inclusive workplace.

Charity

Charity is a tried-and-true investment for people who just want to make the world a better place. Give wisely by looking into a charity’s background and practices before you make a donation. Give generously and make sure that you keep track of those gifts, as they are often tax-deductible come tax season. Give often and you may find yourself getting more involved in a cause that you believe in passionately. 

Money makes money, but not all money makes the world a better place. You can do both at the same time, and there are lots of reasons to do exactly that. All the money in the world doesn’t mean much if the world isn’t a very nice place to live. The good news is that money can be a tool for good, if only you’re willing to use it that way. 

Maintenance Tips for Industrial Machinery

Keeping your industrial equipment in good working order requires a lot of maintenance and the help of an experienced industrial millwright Los Angeles company. Whether you are operating farming, mining or construction equipment, failing to take care of the machinery will have you replacing parts or the entire unit long before you need to. While breakdowns are a natural part of equipment ownership, following good maintenance tips can help your preserve performance and longevity with your equipment.

Start With Operator Training

The best way to take care of your equipment is through the people that will be spending the most time with it. Your operators need to be thoroughly versed in how the unit operates to know when something isn’t going quite right. Letting a machine run incorrectly is extremely damaging. Daily inspections, before and after use, can help identify maintenance issues.

Each piece of machinery comes with an operator manual, and these should be consulted when something appears out of place or it is making an odd sound. The maintenance routine will also be presented in these manuals, and each operator should be familiar with what to check more frequently to avoid breakdowns or misuse. Manufacturing insurance coverage can be a way to help with the costs of breakdowns, but preventative maintenance is most effective in reducing repair costs.

Look for Noticeable Decline

As a machine is run, it will experience wear and tear. High temperature, vibrations and the friction of the moving parts can cause failure on any of the components. Overworked belts or the wrong gear can also contribute to premature wear and tear. Always be on the lookout for signs of overuse or pay attention to harsh conditions the machines may be operating in. When heavy production is expected, paying attention to important parts and giving them extra maintenance can help get out in front of a potential breakdown. Replacing worn parts, even before necessary, may sometimes prevent expensive fixes down the road.

Maintain a Cleaning Schedule

Many of the work environments where industrial equipment is housed or operated are full of dust, dirt or other debris. These particles can clog up a machine and jam the belt or gears. Contamination of the lubricants or fluids is another concern. Seals need to be continually inspected, as do filters and fluid reservoirs. Keeping these areas clean can avoid contamination, rust or breakdown problems.

Proper maintenance extends the life of your industrial equipment. If your team isn’t comfortable with the task, bring in the professionals.

Different Problems That Occur During Ultrasonic Welding

Having an ultrasonic welding machine means nothing if you keep experiencing problems that prohibit you from using it. Here are some of the most common problems people experience during the welding process and how to fix them. 

Poor Understanding of the Process

Before you even worry about potential problems, you need to understand how to use your ultrasonic tooling. The welding process works when high-frequency vibrations are applied to a workpiece by a horn. Heat is generated within the materials, and a weld is created. However, it is important to know what creates these vibrations inside the welding machine. 

The best way to remedy this problem is to invest in training. Here you will learn about the parts and how to set yourself up for a project. Besides furthering your ability, you will be able to collaborate with an experienced technician who can help you through the process. 

Lack of Project Goals

Many projects have difficulties when there is no set goal. For instance, you need to know what type of testing the project will undergo after welding. After all, drop and pressure tests have very different requirements. When you don’t know what type of results you are looking for, the project can be challenging to outline. You need to know exactly what type of sealing and joints you will need for your part to be effective. If you don’t know what you are looking for, you will hit roadblocks as you create your product. 

A good way to fix this problem is to collaborate with a designer and technician early in the design process. This will help you get an idea of a project’s goals and how to meet them. 

Lack of Understanding of Joint Types

One problem in ultrasonic plastic welding is that the technician doesn’t understand the various joint types available. This results in suboptimal weld designs and joints that hinder the production of a product. 

To remedy this problem, take advantage of training courses that focus on mastering joints. This will help you understand the latest welding technology and techniques for the best results. These sessions will also help you identify which joint type would be best for a specific project. 

Ultimately, problems during ultrasonic welding can occur from a variety of sources. If the problem is caused by faulty planning, be sure to fix this according to your project. However, if the designer or technician is unskilled at using the machine, training tends to be the best course of action.