In today’s businesses, manufacturing overhead is often a major portion of product costs. There are two elements to overhead – variable and fixed costs. In …
Archive for the 'Struggling Businesses' Category
In today’s business environment, labor is much lower as a total percent of sales than it was several decades ago. I can remember in the …
In the previous article on June 1, 2009, we explored the large negative impact that poor product and service costing can create. As I stated …
In most of our business turnaround efforts, we see a reoccurring theme as a major problem contributor – inaccurate product costing. In any turnaround project, …
If a business leader wishes to be more decisive, are there ways of, improving one’s confidence in each decision? As I stated in my blogs …