Life Can be Better Than You Think

Image for Main Article PreciseMGMT Small Business Newsletter September 2018

Let me start by apologizing in advance. Some of you have not heard from me via this communication in a while. We have been experiencing some growing pains that spread me too thin. Can you relate? For those of you …

How A Cost Accounting System Improved Efficiency And Profit

Cost Accounting System

Client Ann Marie owns a manufacturing business which makes a high-end product. She varies her design from time to time so there are many versions of her primary design. Problem Ann Marie did not have a cost accounting system that …

How To Know What It Costs To Create One Widget

What It Costs To Create One Widget

Cost accounting is about calculating the total cost involved in the process of production. In a nutshell: “What it costs to create one widget!” Estimating the accurate cost of products is critical for profitable operations. A business must know which …

So You Want to Be an Independent Contractor

You want to be an independent contractor?

Confused about what it means to be an Independent Contractor? Maybe you are working for a business but you want to start your own business. Maybe your employer has suggested that you could work at home, and they will change …

Hire For Culture, Train For Skills

Cultural fit is a concept that can be hard to define but everyone knows when it is missing. Simply put, cultural fit is the likelihood that a person will be able to effortlessly live your business core values and behaviors. …

Avoid Changing Horses in Midstream

It’s rare that Accountants are spoken of as examples of great marketing. So please indulge us as we share with you a wonderful campaign run by the Institute of Chartered Accountants in England and Wales back in 1995. So proud …

Traditional Effective Low-Cost Small Business Marketing Campaign

This case study demonstrates how Hair Salon owners worked with their Accountant to create an effective low-cost small business marketing campaign that targeted lapsed and new customers to increase sales.  The campaign was traditional but effective. About The Client A …

Give Your Business Direction

Strategic planning is important for your business because it provides a sense of direction and outlines measurable goals to keep you and your business on track. In order to make the most of strategic planning, your business should give careful …

“Hobby” Turns Into A Business

It’s an incredible thing when a little idea grows to something bigger than you could have imagined. Jack and Angela McGregor started their business as a “hobby”. Angela was a homemaker and it gave her a creative outlet. The intention …