Applied Management Group: 262-620-3319
As business owners and managers we want to know where our money is coming from and where it is going; or better known as income and expenses. Within your software program there is more than one way to track where your income is coming from...
So now we know… there are two kinds of financial statements…the one that everyone loves better known as the Income Statement and the one that no one ever really pays attention to better known as the Balance Sheet. But we also now know that both...
Understanding your total burdened labor costing is a must. Calculating the hourly cost and responsibility for each direct labor employee creates a useful management tool to allow for better labor allocation. "It sounds like a lot of work. So why should I do it?" you...
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...
You have the good, the bad and the ugly with money! When it comes to your Accounts Payable and Accounts Receivables you never want them to be anything but good! And you really never want to them to be the bad or the ugly!! How does...
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...
The forgotten statement.. yes it is true there is a forgotten financial statement...
Profits we all want them! We all love them! Heck that is what we all work for profits – positive profits! We did not become business owners to pay others to work for them or to go in debt – we became business owners to...
I know…I know I can hear all of you saying it right now – It took you long enough! Yes it’s that time! It’s time to look at your Income Statement! Everyone is always so interested in their Income Statement. Those are usually the first questions...
Focus, so often when we were little kids we were told to focus. In volleyball I was always told to focus on the ball, don’t lose sight of the ball. Up to now my focus has been on accounting processes and procedures; the decisions you...