Archive for the 'Struggling Businesses' Category

Business Turnaround Basics – Understanding the Real Cost of Factory Overhead

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 …

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Posted in Blog Post, Restructuring Businesses and Struggling Businesses

Business Turnaround Basics – Understanding the Real Cost of Labor

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 …

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Posted in Blog Post, Restructuring Businesses and Struggling Businesses

Business Turnaround Basics – Understanding the Real Cost of Your Materials and Components

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 …

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Posted in Blog Post, Restructuring Businesses and Struggling Businesses

Business Turnaround Basics – How Poor Product Costing Can Lead to Bankruptcy.

In most of our business turnaround efforts, we see a reoccurring theme as a major problem contributor – inaccurate product costing. In any turnaround project, …

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Posted in Blog Post, Restructuring Businesses and Struggling Businesses

Business Management – Improving the Decision-Making Process

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 …

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Posted in Blog Post, Growing Businesses, Mergers and Acquisitions, Restructuring Businesses, Selling Businesses and Struggling Businesses