Avionics News January 2013 - 42

feature

NEW YEAR’S RESOLUTIONS FOR YOUR BUSINESS
S T O R Y B Y C H R I S T I N E K N A U E R

10

T

o help ring in the New Year, we have gathered 10 smart, go-to resolutions for protecting your business and increasing profits in 2013. Most cost very little money, and some are just plain free. 1. Keep up with important regulatory issues. Designate someone to evaluate new regulations and their impact on your organization. Transport Canada Civil Aviation may have delayed implementing safety management systems, but your risk profile will determine how often you’re inspected. In the U.S., Part 145 could alter how you do business; find out how. The Australian aviation industry’s transition to a European Aviation Safety Agency-based regulatory structure is leaving owners in limbo; make sure you know what’s new if you do business in this region. “The Australian government’s Civil Aviation Safety Authority appears to have no knowledge of the scope and depth of the general aviation input into the Australian economy,” said Bruce Baxter, AEA’s South Pacific regulatory consultant. “CASA has consciously elected to
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ignore the general aviation industry to focus on the airlines. “This provides an unknown future for many of our member avionics facilities, as they have to completely change their day-to-day business operations and rewrite their procedures manuals to a system that is constantly changing – almost daily. The constant change dissolves all three-year plans and places a higher-than-normal financial strain on the business.” What can you do now? Baxter advises that you respond to all relevant notices of proposed rulemaking. “If you’re an owner or manager of a maintenance facility, brief your staff on new regulations and proposals, making this a part of your business culture,” Baxter said. “Encourage your staff to respond. The rules affect them, as well.” Staying informed offers other benefits, too, from building long-term relationships with your customers to increasing cash flow (see resolution No. 6). “Be an information source for your customers,” said Franz Redak, AEA’s European regulatory consultant. “If they know they can rely on you for the facts, they will contact you first.”

avionics news

january



Avionics News January 2013

Table of Contents for the Digital Edition of Avionics News January 2013

Point of Communication
AEA Now
The View From Washington
International News and Regulatory Updates
Renewal & Revival in Albuquerque
Member Profile
Change of Ownership
Avionics News Celebrates 50 Years of History
A Conversation With...
Ten New Year's Resolutions for your Business
Aviation Aces
Member Profile
Business Basics
Using Inspiration to Motivate Today's Students
AEAviators
Legal Ease
What's New
Avionics News January 2013 - Intro
Avionics News January 2013 - Cover1
Avionics News January 2013 - Cover2
Avionics News January 2013 - 1
Avionics News January 2013 - 2
Avionics News January 2013 - 3
Avionics News January 2013 - Point of Communication
Avionics News January 2013 - 5
Avionics News January 2013 - AEA Now
Avionics News January 2013 - 7
Avionics News January 2013 - 8
Avionics News January 2013 - 9
Avionics News January 2013 - 10
Avionics News January 2013 - 11
Avionics News January 2013 - 12
Avionics News January 2013 - 13
Avionics News January 2013 - The View From Washington
Avionics News January 2013 - 15
Avionics News January 2013 - International News and Regulatory Updates
Avionics News January 2013 - 17
Avionics News January 2013 - 18
Avionics News January 2013 - 19
Avionics News January 2013 - Renewal & Revival in Albuquerque
Avionics News January 2013 - 21
Avionics News January 2013 - 22
Avionics News January 2013 - 23
Avionics News January 2013 - Member Profile
Avionics News January 2013 - 25
Avionics News January 2013 - 26
Avionics News January 2013 - 27
Avionics News January 2013 - Change of Ownership
Avionics News January 2013 - 29
Avionics News January 2013 - 30
Avionics News January 2013 - 31
Avionics News January 2013 - 32
Avionics News January 2013 - 33
Avionics News January 2013 - Avionics News Celebrates 50 Years of History
Avionics News January 2013 - 35
Avionics News January 2013 - 36
Avionics News January 2013 - 37
Avionics News January 2013 - 38
Avionics News January 2013 - 39
Avionics News January 2013 - A Conversation With...
Avionics News January 2013 - 41
Avionics News January 2013 - Ten New Year's Resolutions for your Business
Avionics News January 2013 - 43
Avionics News January 2013 - 44
Avionics News January 2013 - 45
Avionics News January 2013 - Aviation Aces
Avionics News January 2013 - 47
Avionics News January 2013 - 48
Avionics News January 2013 - 49
Avionics News January 2013 - Member Profile
Avionics News January 2013 - 51
Avionics News January 2013 - 52
Avionics News January 2013 - 53
Avionics News January 2013 - Business Basics
Avionics News January 2013 - 55
Avionics News January 2013 - 56
Avionics News January 2013 - 57
Avionics News January 2013 - Using Inspiration to Motivate Today's Students
Avionics News January 2013 - 59
Avionics News January 2013 - 60
Avionics News January 2013 - 61
Avionics News January 2013 - AEAviators
Avionics News January 2013 - 63
Avionics News January 2013 - Legal Ease
Avionics News January 2013 - 65
Avionics News January 2013 - What's New
Avionics News January 2013 - 67
Avionics News January 2013 - 68
Avionics News January 2013 - 69
Avionics News January 2013 - 70
Avionics News January 2013 - 71
Avionics News January 2013 - 72
Avionics News January 2013 - Cover3
Avionics News January 2013 - Cover4
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