Adams On PVF Supply: Measure It, Measure It, Measure It
Most business owners focus exclusively on sales. Of course you'd expect some increase in expenses when sales are up, but this doesn't mean allowing the cost side of the business to get out of control.
Typically, businesses get so wrapped-up in running their day-to-day operations, they don't devote any time to analyzing their costs. Company owners have a general sense of how things are going, but some costs are notoriously sneaky. They hide among the real costs of doing business, avoiding scrutiny. Far too often, owners don't have the cold, hard cost numbers that tell the whole story.