Overhead is Evil… Or Is It?
Greg Khan, Client Director from CFO Advisory at Xact Accounting, went through a model he created to better understand the revenue required to continue hitting net profit targets when adding additional overhead staff.
Key Highlights:
- How do COGS and Overhead costs differ – and why it’s important to know the difference
- How to better predict the impact on margins of hiring “back-office” staff like estimators or admin.
- Thinking of scaling up marketing? How much revenue and new projects do you need to win to protect your net margin.
- How to allocate wages for carpentry teams moving between jobs, and business owners working on, as well as in the business.
Download our free Bloat Calculator and Budgeting for Builders templates – as featured in this webinar.
Presenters
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