A Great Opportunity! IMPROVING NEW BUSINESS PROPOSALS When you receive a request for quote (RFQ), you have an opportunity to gain additional sales. An RFQ is evidence that the requestor is interested in doing business with you; if your proposal is the lowest cost or highest value proposition. An RFQ is often viewed as evidence […]
Costing Systems Considerations; Recovering Overhead Costs
Costing Systems Considerations: Developing a complete understanding of your costs is critical as you endeavor to grow your business. Answering the basic question “Will we make money?” can grow very complicated when the understanding of costs is inadequate. The costs for any product or service are usually broken into three categories. Direct Costs — the […]