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Our small business blog provides you with articles on our small business consulting and advisory areas:  business, marketing, and sales.  Visit us often, or subscribe to our small business blog, so you can continue to get information, tips, and techniques on topics to help you and your small or start-up business. 

Showing Tag: "balanced scorecard" (Show all posts)

5 Things Activity Based Costing Can Do to Save Your Business

Posted by Karen Fischer on Tuesday, June 14, 2011, In : Business Practice 

Not much is written about Activity Based Costing (ABC) these days. It was big in the 1980’s, but other things like the Balanced Scorecard seem to have taken the lime-light. My guess is that ABC was seen as a detailed oriented initiative that would consume vast corporate resources with no substantial payback and besides; the normal accounting systems would allow for various cost allocations – so why bother? ABC can be much more than a cost allocation methodology.

As a very quick reminder, A...


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Need for a Balanced Scorecard - A Case Study

Posted by Karen Fischer on Tuesday, June 14, 2011, In : Business Practice 

I found myself a few years ago landing in a position which in the beginning looked like a complete disaster and ended up being the greatest management learning experience of my life. I found myself working for a small business that was acquired by a large corporation. If anyone has been on the acquired side of this, I am sure you will understand and can relate to the challenges. The day I walked in the door it wasn’t the question of what was going well, but if anything was going well.

The fi...


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