At Better Bookkeeping for Business, we take a tailored approach to costing that suits your industry and business model. Our process includes:
1. Identifying Direct Costs
We calculate costs directly tied to production, such as raw materials, manufacturing, packaging, and labour. This gives a solid foundation for your product cost structure.
2. Allocating Indirect Costs
Overheads like utilities, rent, equipment maintenance, and administrative expenses are often overlooked. We allocate these fairly across your products so that no hidden costs are ignored.
3. Break-Even and Margin Analysis
We analyse your cost structure to identify the break-even point and optimal profit margins. This helps you set prices that are competitive yet profitable.
4. Industry-Specific Costing Solutions
Whether you’re in retail, manufacturing, construction, or services, we customise our costing models to reflect your unique operations.
5. Regular Monitoring and Updates
Markets and costs change over time. We provide ongoing reviews so your pricing strategy always stays relevant and profitable.