Jason Hershman is the founder of Point FP&A, a company that helps companies achieve financial goals through excellently managed financials and insights. Over the past decade working in finance, Jason has raised millions in equity, renegotiated millions debt, led the sale of one company, owned the month-end close, implemented financial systems, redesigned the chart of accounts, built financial models from scratch, integrated the acquisition of another company, led the process of taking a company public, and hired and trained teams to scale the finance function. With a deep knowledge of accounting, he believes great financial planning is the key to success.
Today we’re diving right into overtime cost analysis. Fixed costs, such as rent, insurance, and salaries for regular full-time employees, are a way of life for companies. These expenses remain constant regardless of changes in demand, production levels, or sales volume. But what about variable costs or expenses that change depending on demand, production levels, […]
