Free Resources - Synchronous Solutions

COMING SOON!!

Mini-course on How to Calculate Break Even for Your Business by Mark Phelps

How Your Fabricating Shop Makes Money

Free 4-Part Mini-course

Part 1: The Curious Case of Making P’s & Q’s. Introduction to how your fabrication shop makes money. What’s a good product margin per job?

Part 2: How Your Fabrication Shop Makes Money. Should we sell P’s in the neighboring city, or Q’s here? We break down the math so that you can identify your own opportunities in your market, as well as neighboring markets. Which will you choose?

Part 3: Making Improvements in Your Shop. There are opportunities for improvement everywhere we look. How do we hone in on what ACTUALLY makes a difference? Rick shows us how.

Part 4: In this example, we decide to go out and purchase new equipment for processing station B, since that is our constraint, to see how much more profit we can make if we increase capacity at our constraint.

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$Throughput Accounting 101

Free Mini-course

Are you wondering why you make a profit margin on every job, yet at the end of the month, you’re still not actually making a profit? Do you wonder where all that money goes? This mini-course is an introduction to throughput accounting. For precise application in your specific business, contact us for a free consultation.

When a business is not making money, it is common to look at reducing labor because fixed expenses are, well, fixed. Watch this video to learn how this will affect your business, and an alternative solution that might be more appealing… As always, if you have questions, you can call or text Rick directly at (216) 533-1387 or email RickPhelps@SynchronousSolutions.com

More courses will be added soon!! In the meantime, visit our Blog to continue learning.

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