Check out Senior Access
Senior Access is an amazing organization that provides vital support and services to seniors who need it most. Visit its website to see how you can help make a difference by donating or volunteering today.
Check out Project Oz
Project Oz is an important organization that provides vital support and services for youth and their families. Visit its website to learn more about how you can help make a difference in the lives of those who need it most.
Check out Allen Private Wealth
If you’re looking to make your financial goals a reality, optimize your retirement planning or up your investment game, check out Allen Private Wealth Group. The entire team is passionate about helping clients actualize their financial and lifestyle dreams, through realistic steps and planning.
Check out Fiber Dynamics
You’ll want to check out Fiber Dynamics for a full range of turnkey aviation solutions across a variety of industries. It offers the very best technical know-how and decades of experience with proven methods to deliver high-quality, cost-competitive solutions.
Check out Rootstock Hospitality Group
Rootstock Hospitality Group is proud to serve the Indiana community with three unique restaurants to enjoy – Capri Ristorante, Another Broken Egg Café and Rootstock Catering. Each one offers amazing hospitality and quality food, whether for a special occasion or simply dining out with your loved ones.
Interview with Patrick Leask
Check out this new episode where William McKissock and Patrick Leask have a virtual conversation about Patrick’s business coaching services. Patrick describes how he’s able help to his clients grow their business and reach their goals.
Recommendation Letter for Accent Fairchild Group
To Whom It May Concern,
I am excited to write this letter of recommendation for a great company, Accent Fairchild Group. Headquartered in Montreal, Quebec, Accent Fairchild Group has extensive experience in manufacturing, distribution, sales, and marketing, which it leverages to deliver a unique value proposition to every retail channel and trade partner.
As an industry leader for over five decades, Accent Fairchild Group is known as one of Canada’s largest housewares companies. It offers a broad spectrum of manufacturing capabilities and a large product assortment which can be tailored to your unique brand. Whether you’re looking for home storage and organization solutions or cookware and kitchen accessories, they can do it all.
Accent Fairchild Group has a global reach and collaborates with industry innovators and trusted international brands such as Adwood Manufacturing, Keter Plastics and Glasslock, to name a few. It also prides itself on working towards sustainability in all it does. It continually reduces its carbon footprint by implementing environmentally friendly practices, modernized equipment and an informed corporate culture.
I highly recommend Accent Fairchild Group for your housewares manufacturing, distribution, sales and marketing needs. You can rest assured you are working with the absolute best in the industry to gain unique value for your brand or business.
Yours truly,
Stephan Lafreniere
Strategic-Partner
Schooley Mitchell
Recommendation Letter for Cross Ridge Precision
To Whom It May Concern,
It is my pleasure to write this letter in recommendation of great business, Cross Ridge Precision. Located in Tennessee, Cross Ridge Precision is a contract precision machining manufacturing facility that provides quality service to its clients.
Founded in 1962, Cross Ridge Precision provides precision machining and assembly of aerospace, automotive, heavy truck and industrial products and components. It uses materials such as aluminum, titanium, stainless steel, steel bar stock and castings.
The team at Cross Ridge Precision strives for excellence in everything they do, which is how they have received several awards and certifications for their contributions to the industry. Its recognition includes Innovation of the Americas presented by Mori Seiki in the class of Automotive Parts, the Boeing Company Presidents Award for Outstanding Support to Boeing Programs, and ISO 901: 2015 and AS9100D Certification.
Exceptional quality and manufacturing is top priority at Cross Ridge Precision. The entire team strives for excellence in all they do and I highly suggest checking them out today for your machining, manufacturing, or forging needs.
Yours truly,
Rod Holter
Strategic-Partner
Schooley Mitchell
Check out Trinity Precision
Trinity Precision is a true leader in the aerospace parts and manufacturing industry. It has a strong focus on people, processes, and principles, with core values rooted in integrity to bring tremendous value to everything they do.
Utilities: Common Billing Errors
To some degree, almost every business relies on utilities. It’s an operational expense necessary to running a safe and functional physical location.
However, it’s also an expense that many business owners and operators don’t feel they have a lot of say over. From understanding usage and rates, to billing errors, to proper budgeting and planning, there is a lot a business can do to have greater understanding and agency in their spending.
What are common billing errors found on utility bills?
Unfortunately, there are a lot of potential errors that could be leading to you overspending. The errors we will be looking at include:
- Incorrect classification
- Physical issues with your meters
- Meter reading problems
- Paying for the wrong meter
- Confused rates
- Meter multiplier issues
- Incorrect late fees
- Incorrect taxes
Are you being classified correctly?
A provider’s rates aren’t usually uniform across all kinds of customers. Usually, they’re divided between residential, commercial, and industrial. Among these classifications, there are also specialty rates for different kinds of customers, such as the elderly or different kind of economic development projects.
You don’t want to be a business paying residential rates, and you don’t want to be missing any special rates discounts you might be eligible for. Paying for your correct billing classification is important.
Meter issues can cost you.
You don’t want to pay the price of your meter not reading your usage correctly.
This happens when meters experience installation errors, communication failures, damage, and so on. It’s very rare that meters are inspected regularly to prevent these kinds of errors or misreading. While a meter breaking isn’t super common, make sure you ask your utility provider to check up on your meter once in a while, especially if you feel something might be off.
Likewise, there can be meter reading issues that transmit the incorrect data from your location to the provider. If it’s a small error, the company might not notice, but your wallet will. If there is a discrepancy, look back and see if there was a spike in your consumption or if your bill is an inaccurate representation of what you used.
Essentially, being vigilant, reading over your own bills, and not relying on the meter to be infallible is important.
Don’t pay for someone else’s meter.
This is a particular issue for multi-location businesses. If you only have one facility, you only need to keep track of one meter. However, it becomes harder to keep meters straight the more locations and meters there are.
Unfortunately, businesses can end up footing the bill for an external location’s meter. This is an incredibly costly billing error, and one you’ll want to keep a close eye on to avoid if your business expands.
Are you being charged the right rates at the right time?
Rate changes can vary a lot, from time of day to time of year. While power meters are generally reliable, as mentioned before, they can make mistakes. It’s possible for you to be charged the wrong rate for the time of day in which you’re using your utilities.
Closely monitoring your bills or using a real time data-analytics solution to track your usage will allow you to better understand your consumption and ensuring your invoice matches.
Keep an eye on meter multipliers.
New Brunswick Power explains, “[t]he actual voltage/current used is often too large to be registered by your meter. The meter’s registering capacity may only represent a small percentage of your actual load.”
Because of this, utilities use meter multipliers to invoice you more accurately.
“The meter multiplier is similar to a map scale in that it relates to the meter’s scaled down reading of the actual consumption.”
Sometimes, a faulty formula or mistake with a new meter can lead to an incorrect number or misplaced decimal. This could cost you a lot.
These billing errors are more common in smaller municipalities and providers. Larger providers often use automated systems with less room for error.
Incorrect late fees applied?
These are as simple as they sound. Sometimes a late fee will show up on your invoice incorrectly. This can be at a substantial cost to you, unless you call your utility company to get it sorted out.
Don’t pay for the wrong taxes.
Some businesses will apply for different tax rates than others when it comes to utilities. Regional policies and incentives can be applied to save your business considerably, but you need to know what you should be paying and be able to/hire someone to advocate for yourself.
In conclusion…
These are just some of the possible billing errors that may be found on your utility invoices. The best thing your business can do to avoid them – and to recover any money lost to them – is be vigilant, know what you should be paying, and work with professionals who have the time and expertise you might not have.
