Tag: Cost Management
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Pulling Levers
Turning 1 into 2 “Give me a place to stand, and a lever long enough, and I will move the world” — Archimedes Leverage can be beautiful (just ask your banker), but what is it? Getting “leverage” means creating a multiplier effect in your business. It’s exponential, not linear. It literally turns 1+1 into 3…
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Understanding Labor Costs
Looking at Labor Dollars Some common things I’ve heard when it comes to managing the financial side of labor costs: Most of these are anecdotes, and that’s how I see most companies running their business from a labor cost standpoint. We’re hosting a webinar for members next week covering labor efficiency (save your spot below). So consider…