We Laid Off Nearly Our Entire Team
The EntreLeadership Podcast
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Navigating Financial Struggles and Job Costing in a Fabrication Company
The chapter explores the financial difficulties faced by a fabrication company, including a drastic decrease in revenue, layoffs, and mismanagement of finances leading to confusion about cash flow. It also discusses the importance of job costing in accurately pricing products or services to ensure profitability and covers the challenges of estimating job durations and managing vendor debt.
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