by Zoltan Szentirmay | Sep 23, 2024 | Costing
Welcome to a practical exploration of labour and efficiency variances. We will stir together some numbers and uncover how they can tell us about a business’s financial health, like checking the temperature to see if a cake is baked right. The Simple Formulas...
by Zoltan Szentirmay | Sep 13, 2024 | Accounting, Budgeting, Business Building
Today’s journey takes us into the heart of our operations – managing manufacturing overhead costs. These aren’t just any expenses; they’re the winds and currents that can sway our journey profitably or plunge us into losses. Keeping a vigilant eye on...
by Zoltan Szentirmay | Aug 27, 2024 | Accounting, Business Building
In business, timing can mean everything – especially regarding significant decisions like hiring a Chief Financial Officer (CFO). For Australian small business owners, pondering whether they’re earning enough to afford a CFO is a typical stage. But the real...
by Zoltan Szentirmay | Aug 14, 2024 | Business Building
As business landscapes evolve unprecedentedly, strategic planning for business growth has never been more critical. Growth planning is not just about aiming for higher sales or expansion; it’s fundamentally about designing a sustainable and adaptive framework...
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...
