#TimeDrivenCosting
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GroundSwell's TDABC effective labor cost rate calculates the actual cost of labor including known employee benefit costs and utilization rates.
#GroundSwellâ„ #BusinessOwnershipPlatformâ„ #BusinessOwnership#BusinessPartner#Accounting#Financials#TimeDrivenCosting#GrossMargin#Profitability#BusinessProfit#LaborCosts
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GroundSwell's TDABC financial budgeting utilizes time series analysis (the time to do something) multiplied by the time & cost doing it to get the effective total costs of an activity.
#GroundSwellâ„ #BusinessOwnershipPlatformâ„ #BusinessOwnership#BusinessPartner#Accounting#Financials#TimeDrivenCosting#GrossMargin#Profitability#BusinessProfit#LaborCosts
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A time driver is a vital part of GroundSwell's TDABC financial analysis & budgeting.
#GroundSwellâ„ #BusinessOwnershipPlatformâ„ #BusinessOwnership#BusinessPartner#Accounting#Financials#TimeDrivenCosting#GrossMargin#Profitability#BusinessProfit#LaborCosts
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GroundSwell's TDABC utilization rate calculates the percent of time actually worked based on the number of known tasks completed during a period of time.
#GroundSwellâ„ #BusinessOwnershipPlatformâ„ #BusinessOwnership#BusinessPartner#Accounting#Financials#TimeDrivenCosting#GrossMargin#Profitability#BusinessProfit#LaborCosts
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Economies of scale exist when making more of the same product or service leads to a reduction in the cost of the individual product.
#GroundSwellâ„ #BusinessOwnershipPlatformâ„ #BusinessOwnership#BusinessPartner#Accounting#EconomiesOfScale#Financials#TimeDrivenCosting#GrossMargin#Profitability#BusinessProfit#LaborCosts
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Economies of scale exist when making more of the same product or service leads to a reduction in the cost of the individual product.
#GroundSwellâ„ #BusinessOwnershipPlatformâ„ #BusinessOwnership#BusinessPartner#Accounting#EconomiesOfScale#Financials#TimeDrivenCosting#GrossMargin#Profitability#BusinessProfit#LaborCosts
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Economies of scale exist when making more of the same product or service leads to a reduction in the cost of the individual product.
#GroundSwellâ„ #BusinessOwnershipPlatformâ„ #BusinessOwnership#BusinessPartner#Accounting#EconomiesOfScale#Financials#TimeDrivenCosting#GrossMargin#Profitability#BusinessProfit#LaborCosts
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Economies of scale exist when making more of the same product or service leads to a reduction in the cost of the individual product.
#GroundSwellâ„ #BusinessOwnershipPlatformâ„ #BusinessOwnership#BusinessPartner#Accounting#EconomiesOfScale#Financials#TimeDrivenCosting#GrossMargin#Profitability#BusinessProfit#LaborCosts
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We think of accounting as the words of business and finance as the sentences. Our accounting and finance content focuses on the knowledge, key measures and the role of time in assessing and predicting financial results quickly and accurately.
#GroundSwellâ„ #Accounting#Financials#TimeDrivenCosting#GrossMargin#Profitability#BusinessProfit#LaborCosts#BusinessOwnershipPlatformâ„ #BusinessOwnership#BusinessPartner
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Proactively plan and track your team's time to get more done with effort and stress. GroundSwell ONE's time planning and tracking module empowers your team to staff projects and goals with the right people and resources.
#GroundSwellâ„ #GroundSwellONEâ„ #BusinessOwnershipPlatformâ„ #BusinessOwnership#BusinessPartner#TimeDrivenCosting#FinancialModel#FinancialPlanning#Budget#BusinessProcessImprovement#Efficiency#ResourceAllocation
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GroundSwell’s time-driven activity-based costing utilizes time series analysis, or time drivers, to analyze historical financials & build projections.
#GroundSwellâ„ #BusinessOwnershipPlatformâ„ #BusinessOwnership#BusinessPartner#Accounting#Financials#TimeDrivenCosting#GrossMargin#Profitability#BusinessProfit#LaborCosts#BusinessOwnershipSchoolâ„
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