If you’re in the installation business, you’re in the business of buying, managing and selling hours of labor. Using the new easy-to-understand ‘Installation Economics’ workbook as a guide, you’ll learn how to implement an hour factory model that will help you track and reduce expenses and establish a services revenue stream.
Installation and operations expert Barry Coyle will show you how to successfully analyze, understand and manage an installation operation from a financial standpoint. The workbook provides step-by-step instructions on how to determine your firm’s installation hourly cost, allocate overhead expenses and profitably manage overhead.
You’ll learn why job costing is an essential aspect of a successful dealership or independent installation business. And, since standard accounting doesn’t provide information that is oriented to hourly costs and management, the workbook includes an extensive section on accounting best practices and provides a chart of accounts specifically for the installation operation.
With today’s lower product margins, services can be the difference between profit and loss. Find out how to get your installation operation on track with this information-packed workbook!
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