Job Costing is Essential for Small Businesses
Once you have your business established legally, with a presence (website, etc.) and you have obtained your first few clients, where do you go from here? There are many decisions still to be made on an on-
going basis like am I really pricing my proposals correctly or do I need to change, or do I need to expand/change my sales force or product mix, or is this client profitable... do I need to fire them. With most of these decisions you need to know what a job or service costs you in order to make the correct decision. In this article, Stephen King describes the different financial pieces of a small business, what job costing is and why it is essential, Why Job Costing is Essential for Small Business Owners.