Monitor price of material used, production time, labor, and other overhead expenses to ensure profitable pricing structures within your company. What is Job Costing? The process of tracking the expenses acquired over a period of time and assigning them to a specific job is known as job costing. Typically, job costing is calculated by adding together three categories … [Read more...] about How Small Businesses Can Benefit from Accurate Job Costing
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Product, Price, Place and Promotion: The Four Pillars of Marketing
The 4ps of marketing is a simple yet powerful tool that can help you generate more sales and grow your business. They stand for Product, Place, Promotion and Price. Whilst often considered common sense, it's the basic understanding of these four pillars that can drive and dictate the success of your marketing strategy. The Four Ps of Marketing: An Overview The 4ps of … [Read more...] about Product, Price, Place and Promotion: The Four Pillars of Marketing
Let’s Talk Business Funding
Starting a business may be intimidating because of all the upfront costs that come with it. It’s not exactly easy to start a business or keep it running if you don’t have the right funding. Every business has different funding needs and different costs of operation, which is why it is important to find the best funding option specific to you. There are several funding options, … [Read more...] about Let’s Talk Business Funding
A Business Owner’s Guide to ROAS (Return on Ad Spend)
Any business from large to small must do some advertising to get their product out to the public. Advertising is not free but can lead to an increase in revenue in the future. The success of your advertising efforts is measured by a metric called Return on Ad Spend or ROAS. What is ROAS? ROAS or Return on Advertising Spend refers to the amount of revenue that is … [Read more...] about A Business Owner’s Guide to ROAS (Return on Ad Spend)
Sites Similar to QuickBooks
QuickBooks Many small business owners use QuickBooks to keep track of their finances. QuickBooks is a software that has many different features that are useful for small business owners such as: Managing cash flowTracking income and expenses Invoicing and accepting payments Running general reports Tracking inventory There are also more features … [Read more...] about Sites Similar to QuickBooks
