Description
In this course by Bill Haas he explains that “the money is what really matters, and profit is what matters most.” You don’t need to be an accountant, you just need to understand the realities of what really affects your profits. There are things owners do and some they don’t do to ensure the financial success of their business. That success comes from not allowing your pricing objectives to become pricing objections.
Topics:
- Setting Realistic Production Goals
- Key Performance Indicators
- Profit and Loss Statement
- Reasons For Low Production
- Correct Labor Rate
- AND MORE!
Course Objectives:
- Describe shop production’s contribution to profit
- Analyze lost hours and apply to increasing productivity
- List the major obstacles to selling time
- Be able to set and measure production goals
- Describe how payroll drives profits
Runtime = 97 minutes
Credit Hours = 2.0
