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#cost-management

Cost Management

Manage and reduce costs for improved profitability

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Laundromat Bookkeeping: Reconciling Coin and Card Revenue Against Utility Usage to Catch Shrinkage
·mike

Laundromat Bookkeeping: Reconciling Coin and Card Revenue Against Utility Usage to Catch Shrinkage

Laundromat utilities run 20–25% of gross revenue, which makes water and gas meters a second independent ledger — convert metered consumption into an implied cycle count and revenue figure, compare it to coin-box counts, and a persistent gap over 5–8% flags theft, leaks, or miscalibrated machines. Includes a weekly-to-annual checklist covering multi-stream income accounts and Section 179 equipment expensing.

bookkeeping
small-business
reconciliation
Restaurant Labor Cost Percentage in 2026: How to Track It Weekly and Keep It Under Control
·mike

Restaurant Labor Cost Percentage in 2026: How to Track It Weekly and Keep It Under Control

Restaurant labor costs now average over 36% of sales industry-wide, up from the old 30% rule of thumb. A practical guide to tracking labor cost and prime cost weekly — including a 35-hour overtime alert threshold, demand-driven scheduling that cuts labor cost 20–30%, and the chart-of-accounts setup that makes it all measurable.

restaurant
payroll
workforce-management
California AB 660 Explained: The 'Sell By' Ban and New Food Date-Labeling Rules Effective July 1, 2026
·mike

California AB 660 Explained: The 'Sell By' Ban and New Food Date-Labeling Rules Effective July 1, 2026

California's AB 660 takes effect July 1, 2026, restricting packaged food to two standardized date labels — "BEST if Used by" for quality and "USE by" for safety — and banning consumer-readable "sell by" dates. Covers who must comply, exemptions, $1,000-per-violation penalties, the sell-through transition rule, and a five-step compliance checklist for manufacturers, co-packers, and retailers.

compliance
california
small-business
Fed Survey: 80% of Small Businesses Are Passing Tariff Costs to Customers — and Nearly Half Aren't Done Raising Prices
·mike

Fed Survey: 80% of Small Businesses Are Passing Tariff Costs to Customers — and Nearly Half Aren't Done Raising Prices

The Federal Reserve's 2025 Small Business Credit Survey finds 80% of tariff-paying small firms raised prices, 60% absorbed costs into margins, and 44-47% plan further increases — a "trickle up" pattern that means input costs haven't finished rising. Here's how to read the data and prepare your pricing and books.

tariffs
small-business
pricing-strategies
June 2026 Inflation Report: Why a Cooler CPI Doesn't Mean Lower Supplier Costs
·mike

June 2026 Inflation Report: Why a Cooler CPI Doesn't Mean Lower Supplier Costs

June 2026 CPI fell 0.4% — the largest monthly drop since April 2020 — cutting annual inflation to 3.5%, but core prices were flat and producer inflation still runs 5.5%. What the CPI/PPI gap means for small-business supplier costs, tariff pass-through, and fall contract negotiations.

inflation
economy
small-business
U.S. Commercial Service Fees Just Tripled for Small Exporters: What the July 22, 2026 Schedule Changes and How to Respond
·mike

U.S. Commercial Service Fees Just Tripled for Small Exporters: What the July 22, 2026 Schedule Changes and How to Respond

Effective July 22, 2026, the U.S. Commercial Service eliminated small-business discount tiers, raising the Gold Key Service from $950 to $3,250 for small exporters (+242%) while fee increases across the schedule range from 67% to 520%. Here's what changed, why, and how SBA STEP grants can offset the new costs.

small-business
sba
grants
The $38 Billion Visa–Mastercard Swipe-Fee Settlement: What Small Businesses Can Now Surcharge, Decline, and Discount at the Register
·mike

The $38 Billion Visa–Mastercard Swipe-Fee Settlement: What Small Businesses Can Now Surcharge, Decline, and Discount at the Register

In June 2026 a federal judge preliminarily approved the $38 billion Visa–Mastercard settlement, cutting average credit interchange by about 0.1 point for five years, capping standard consumer cards at 1.25% for eight years, and — with no sunset date — letting merchants surcharge by card type or decline premium card categories. Here is what the settlement permits, which states still ban or cap surcharging, and the network compliance checklist to follow before changing point-of-sale pricing.

payments
point-of-sale
antitrust
ERPNext vs. Odoo for a Bootstrapped Product Business: Why the Open-Source Licensing Split Changes Your Real Total Cost of Ownership
·mike

ERPNext vs. Odoo for a Bootstrapped Product Business: Why the Open-Source Licensing Split Changes Your Real Total Cost of Ownership

ERPNext ships every module — accounting, payroll, manufacturing — free under AGPLv3, while Odoo paywalls those features in a proprietary Enterprise edition priced around $24–36 per user per month. Five-year cost estimates run roughly $0–$30K for self-hosted ERPNext versus $10K–$80K for Odoo Enterprise, a gap that matters most for cash-constrained, headcount-growing businesses.

open-source
enterprise-software
accounting-software
Junk Removal Bookkeeping: Why Per-Job Costing Beats Gross Margin Guesswork
·mike

Junk Removal Bookkeeping: Why Per-Job Costing Beats Gross Margin Guesswork

A $350 junk removal job with a 60% gross margin often nets just $50–$100 after acquisition cost, truck payments, and overhead. Here's how per-job costing — tracking labor, fuel, and dump fees against each individual job — closes the gap between gross and net margin for hauling businesses.

bookkeeping
job-costing
small-business
Portable Restroom Rental Bookkeeping: Why the Same Fleet Makes Money Two Completely Different Ways
·mike

Portable Restroom Rental Bookkeeping: Why the Same Fleet Makes Money Two Completely Different Ways

How portable restroom rental companies should account for one fleet serving two revenue models — monthly construction contracts ($100–$300/unit) recognized ratably under ASC 606 versus lump-sum event rentals with deferred deposits — plus 2026 Section 179 expensing up to $2,560,000, 100% bonus depreciation, per-stop route costing, and seasonal cash flow budgeting.

bookkeeping
small-business
revenue-recognition
Stripe and Advent's $53.4 Billion Bid for PayPal: What It Means for Your Merchant Fees
·mike

Stripe and Advent's $53.4 Billion Bid for PayPal: What It Means for Your Merchant Fees

Stripe and Advent International offered $60.50 a share — about $53.4 billion — to buy PayPal, a deal that would merge processors handling $3.7 trillion in annual volume. History shows consolidation like Global Payments-Worldpay raised merchant costs through padded fees, so here are four concrete steps to protect your processing costs now.

payments
fintech
mergers-and-acquisitions
USPS's Second 2026 Rate Hike: What the Temporary 8% Surcharge Means for Small Shippers
·mike

USPS's Second 2026 Rate Hike: What the Temporary 8% Surcharge Means for Small Shippers

On April 26, 2026, USPS layered a temporary 8% surcharge on Priority Mail, Priority Mail Express, Ground Advantage, and Parcel Select — on top of January's general rate increase — scheduled through January 17, 2027. Why small shippers absorb more of the hit than enterprise accounts, why the sunset date deserves skepticism, and four ways to limit the damage.

small-business
e-commerce
expense-management
Showing 25–36 of 95 posts