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Business Toolkit


 

Pricing $499.00
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Business Toolkit Contents
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Business Toolkit - Chart of Accounts

CEDIA has long been providing technical education and training for integrators. And while technical knowledge is important for performing the system design and integration functions in the technology integration industry, business knowledge is equally crucial in managing a successful and profitable company. Key to this is the Chart of Accounts. The information contained in this white paper explains the concepts of the Chart of Accounts, along with a recommended structure that is specific to this industry to help integrators in successfully managing the financial aspects of their business.

Member Price: Free

1 £82.60
Business Toolkit - Understanding Labor Costs

Jobsite labor is one of the highest risk of all job costs for integrators. There is a large gulf between the amount paid per hour to a technician, and their billable rate to the customer.  This difference must account for the many other expenses required to maintain and equip installation staff, while also covering unproductive hours, and help contribute to overhead and profit. This white paper explores how to calculate these costs and labor burden rates, and how to track employee productivity that is key to project and financial management.

Member Price: Free

1 £82.60
Business Toolkit - Pricing Using Markup & Margin

Markup and Margin are terms used daily by anyone selling goods and services. They are often used interchangeably, although they are quite different. Using the wrong one can be very costly! This white paper discusses definitions, formulas, and advice on how to properly calculate prices to ensure an appropriate amount of profit. It also serves as a companion paper to others in the CEDIA Business Toolkit series, in particular the white paper titled "Creating a Breakeven Analysis."

Member Price: Free

1 £82.60
Business Toolkit - Change Order Management

Change orders are a typical feature of project management. Changes inevitably lead to altered costs, and who pays for those costs — the integrator or the client — can be the difference between expenses blowing out or providing a profit opportunity. Additionally, how these changes are managed is important in maintaining rapport with the client. This white paper explores the crucial process of change order management, providing advice for sustained or even increased profitability.

Member Price: Free

1 £82.60
Business Toolkit - Breakeven Analysis

Breakeven is an important concept in understanding the financial activity of a business, drawing a line between profit and loss. Creating a Breakeven Analysis need not be a complicated task, and with some know-how and simple math can even be used as a tool to set profit goals. This white paper discusses the principles of breakeven, with insight to a simple formula and its use with various scenarios of revenue, margin, and costs to help simplify financial management for business owners.

Member Price: Free

1 £82.60
Business Toolkit - Creating a Financial Dashboard

Financial management for increased profitability is one of the most important financial functions in the day-to-day running of a business. All of the required information can be found in the financial statements, but that requires a lot of filtering and interpretation for effective use. The solution is to create a Financial Dashboard to show all of the key metrics that are required for efficient management of cash flow and profitability. This white paper explains the recommended structure and reasonings for creating such a beneficial tool.

Member Price: Free

1 £82.60