There is a simple equation in business: Profit = Sales – Costs If an integration business doesn’t know its costs, then how can it know its profits? Today, understanding costs is more important than ever. As products are commoditized and competitors are lowering their prices, this puts downward pressure on
Welcome back to the final installment in our blog series from Joel Harris, Understanding Variable Costs is Wildly Important for Your Integration Business. How do you handle routine seasonal variability, peak demand, and one-time opportunities in your integration business? Most integration businesses I work with have a hired permanent
What is the best way for integrators to address seasonality? This is Part 3 of our blog series from Joel Harris, Understanding Variable Costs is Wildly Important for Your Integration Business. In the first two installments, Harris shared his experience of using a variable cost structure to transform an
On this episode of the Navigator Podcast, Brad Malone is joined by Joel Harris to introduce our new 4 Part blog series: Understanding Variable Costs is Wildly Important for Your Integration Business. The power of variable costs is a topic that Harris is very passionate about, yet it is not
