Cost management

Different types of costs, (direct, indirect, fixed, variable)

Calculation of annual overheads

Estimating breakeven & assessing viability

Cutting costs and dealing with your accountant

Apportioning overheads to individual jobs/products

            Calculating product/service cost

Time management and costs

Costing techniques – batch, process, contract, job, service

Cost plus pricing - calculating the job/product price

Mark – up versus Margin

Pricing for profit

Factors to consider when pricing a job/product, e.g. customer, competition, product/service

Pricing tactics

Pricing policy

Monitoring price performance

Action plan/checklist