John Larkin, senior partner with Electronic Systems Consultants of Columbus, Ohio, recently completed the Goldman Sachs 10,000 Small Businesses program at Cuyahoga Community College (Tri-C) located in Cleveland, Ohio.
Samsung Electronics agreed to sell its shares of Samsung Techwin to Hanwha Group. With the stock purchase, Hanwha Group will become Samsung Techwin’s largest shareholder, strengthening Hanwha Group’s position in the defense and security industry. The news of the agreement comes on the heels of a record sales year for Samsung Techwin in the U.S., as the company continues to design and sell video surveillance solutions.
Top-floor management often assumes that if sales were better, so would cash flow be. There is some logic to this kind of thinking, but it often isn’t the answer to the problem. On the flip side: employees tend to blame management for poor business practices when there are cash flow problems often because they feel the stress of limited resources and services that make it difficult to do their jobs.
Pittsburgh-based Vector Security Inc. may have completed a new credit facility valued at $225 million, which includes $75 million in new financing, but it is certainly not going to go spend it all in one place.
It’s an old axiom, but it holds up well. Money follows the security industry because the security industry delivers results. And while many things haven’t changed about how security dealers get financing, a few new trends are starting to emerge. Read more stories in June Issue 2017.