Challenged with debt, higher than desired attrition, employee retention, inflation and supply chain issues caused by a global pandemic, this company managed to get completely debt-free, lower attrition, raise both wages and prices, and still make a profit — all of which resulted in a “war chest” that helped them invest in key cyber and marketing efforts.
Faced with debt, higher than desired attrition, challenges in retaining employees, inflation and supply chain issues caused by a global pandemic, this company managed to get completely debt-free, lower attrition, raise both wages and prices, and still make a profit — all of which resulted in a “war chest” that helped them invest in key cyber and marketing efforts.
I’m no geology expert, so I looked it up. According to the National Geographic, “Igneous rocks form when magma (molten rock) cools and crystallizes, either at volcanoes on the surface of the earth or while the melted rock is still inside the crust.” Why am I talking about rocks?
This company was among the first to feel the effects of COVID-19. Like the rock they are named for, they not only weathered the crisis, but discovered hidden gems of opportunity and came out stronger than before.
What do termites, diamonds and security have in common? All three are components of the history of this year’s SDM Dealer of the Year. Sonitrol began when Al Cronk, a police officer, was interested in verifying alarms using audio; Bob Baxter invented microphones to detect termites in trees.
Ken Gill, CEO and founder of CPI Security of Charlotte, N.C., is facing backlash after allegedly racist remarks included in an email to a community organizer.
Which company will be SDM’s 2020 Dealer of the Year? Maybe Yours! The SDM Dealer of the Year award program is the magazine’s highest honor, bestowed upon one security company each year since 1980. Here’s your chance to enter and compete among the finest businesses in the electronic security industry. The award is open to all companies in the security industry, regardless of size or market niche. If your firm meets or exceeds the preliminary criteria, then complete the form below and return it to SDM. You may use this application to nominate your own company or another dealer
Bates Security/Sonitrol of Lexington recently chose to branch out through a combination acquisition and startup; as well as pilot a groundbreaking standardization program — all while never compromising the family atmosphere that started it all.
Lexington, Ky., is known for a few things: horses, bluegrass, bourbon, a historic downtown area, and — when it comes to security systems — Bates Security/Sonitrol of Lexington.