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Industry News |
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Pool & Spa News wants to know more about what's got you stumped!
You still have time to send us your questions on products, construction, service, retailing or business management.
Then, find the answers in the July 30 issue of Pool & Spa News.
Click here to send an email |
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Business Tip
 How to Prevent Employee Theft
Small businesses can minimize opportunities — and the temptation — to steal before the fact. Here’s how:
- Perform background checks. Make sure that you contact previous employers to identify misconduct involving stealing or fraud, and consider obtaining a criminal history. If you order a credit history, make sure that your provider complies with the Fair Credit Reporting Act.
- Supervise your employees. Research has shown that businesses with low levels of employee supervision have high rates of internal theft. Supervision not only deters theft, but also alerts you to telltale signs, such as a change in an employee’s spending habits.
- Make it hard to steal. Limited staff and resources make it difficult for small businesses to segregate functions, but wherever possible, don’t allow only one person to handle the money. Conduct unscheduled audits of inventory and bookkeeping. Limit access to and use of technology and sensitive information like customer lists.
- Map out a fraud-avoidance plan. This can include periodic background investigations; changing and checking computer passwords; using internal and external auditors; and establishing consequences for theft and applying them consistently. Be sure to include procedures on termination, such as canceling building or technology access and reminding departing employees of their ongoing obligations under noncompete and confidentiality agreements.
From the National Federation of Independent Business’ Small Business Legal Center
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Top 50 Buzz
 What new initiative are you working on?
We’re always working on something new to try to stimulate business and create a separation between us and our competitors. One of the ways we’ve been doing this is developing a new product called Aqua Bright for pool interiors.
How does it work?
This is actually a product that has been used in other industries, which we have taken and altered for pool finishes. It is not a paint or plaster, but a poly thermal material. It is used to line the inside of drums for chemical shipping and is applied to the hulls of boats.
We’ve taken that material and developed an application process for pools and spas. We’re actively looking for dealers outside of our market who would be interested in purchasing the product from us.
Fiberglass pools are building in popularity. I think one of the reasons is the finish that they have — it’s nonporous, so algae won’t stick to it. That’s very similar to our product. It’s a nonporous and durable product that withstands UV rays and acid.
— Phil Calvert, sales manager, Carlton Pools Inc., Warminster, Pa.
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Trade Show News
Housing Is Now Open for the IPSPE
Online housing reservations can now be made for the 2010 International Pool | Spa | Patio Expo, taking place at the Mandalay Bay Convention Center’s Bayside Halls in Las Vegas, Nov. 3-5.
Official hotels of the Expo include Mandalay Bay, THEhotel, BlueGreen Resort, Excalibur, Luxor, MGM Grand and New York New York.
To receive IPSPE discounts, reservations must be booked through the online reservation system below:
• Exhibitor Reservations
• Attendees Reservations
To read the IPSPE blog, visit blog.poolspapatio.com
For more information, click here.
Questions? Contact Exhibit@PoolSpaPatio.com or 972.536.6350.
 2010 International Pool | Spa | Patio Expo
Exhibits: Nov. 3-5
Conference: Oct. 31 - Nov. 5
Mandalay Bay Convention Center | Bayside Halls
Las Vegas, Nevada USA
972.536.6350
www.PoolSpaPatio.com | info@PoolSpaPatio.com
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