Applied Management Group: 262-620-3319
Understanding your Burdened Labor Costs (BLC) is a must. Calculating the hourly cost and responsibility for each direct labor employee creates an intricate labor tool to allow for better labor allocation on jobs. You may be thinking that it sounds like a lot of work...
Set it and forget it (Ron Popeil)! Do you remember those commercials, heck they may still be playing on some of the cable channels. Your supposed to set your slow cooker and forget it. At the end of the day you will have a fully...
Is hiring a struggle for you – or should I be more specific – is hiring good employees a struggle for you? We hear it all the time that it is so difficult to find good employees. We tell our clients they should always be...
We know that we have the Income Statement and the Balance Sheet. We know that we have Accounts Receivables and Accounts Payable. We know that we have Net Income and potentially Net Loss. But did you know that you have Direct and Indirect Labor? Did you...
We have all used them. Some of us rely on them on a daily basis. Some people don’t even leave their driveways without having it on. It has become a habit and a natural part of driving. What is it? A GPS! Why do we...
If the leadership of a business is uninformed and fails to make proper decisions for the business the business will fail. Do you know how to insulate yourself and your business from making those mistakes? What part does your accounting practices play in this?...
Year end is defined as year’s end, the end of the calendar year. Translated for all of us business owners that means “YEAR END” – the end of the fiscal year – that is if your year runs from January 1st to December 31st. “YEAR...
Budgeting…to put it bluntly I think it sucks. Now I’m not saying that it is not a critical aspect of business and that it doesn’t have to be done. I’m simply saying I personally think it sucks! If you’re going to start the New Year...
A journey is the act of traveling somewhere – as the adage says “life is a journey”. Being a business owner let’s take that to one step further – “business is a journey”. Business is always traveling – forward, backwards, sideways or maybe even upside down....