by Zoltan Szentirmay | Nov 18, 2024 | Accounting, Pricing
In any business, inventory plays a pivotal role in operations and financial health. As a Chief Financial Officer (CFO) with a penchant for content writing, I have observed that understanding how to accurately value inventory is crucial for maintaining profitability...
by Zoltan Szentirmay | Aug 12, 2024 | Accounting, Business Building, Pricing
In the high-speed world of business, the ultimate quest is for profit. But making a profit is more than just selling — it’s about strategic decisions and expert quoting. Gross Profit Percentage Key to your victory is Gross Profit Percentage, or GP%, a true...
by Zoltan Szentirmay | Aug 9, 2022 | Construction, Pricing
With materials, labour costs and interest rates increasing, it’s getting harder for trades andconstruction businesses to predict their profit margins. But there is a way you can accuratelymonitor what’s happening in your business and how much you should be quoting to...
by Zoltan Szentirmay | Jul 12, 2022 | Pricing
Knowing what to quote and how much to charge is one of the great unknowns in the construction industry. It’s never been easy but with material shortages and rapidly increasing costs, it’s particularly complicated at the moment. So how do you know how much you should...
by Zoltan Szentirmay | Jun 24, 2021 | Costing, Pricing
The Business Of Staying In Business! When putting a quote together, it’s important to keep all aspects of the job in mind and include them in your quote. Things to consider Things like; vehicles, petrol, tools, parking, tolls, insurance, rent, wages, marketing,...
by Zoltan Szentirmay | Jan 30, 2019 | Business Building, Pricing
Price Risk Price can be quite an issue and you can feel understandably pressured when someone else comes in much cheaper than you for the same job. Now, when two people or two businesses quote for the same job and come in at very different prices in my experience,...
