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Alexander & Sanders Insurance Specialists - About Us. About Us Alexander & Sanders Insurance is an independent insurance agency focused on the insurance needs of Louisiana Professionals - Design Professionals (Architects, Engineers, Environmental Consultants, Surveyors), Accountants, and Attorneys.

Alexander & Sanders Insurance Specialists - About Us

Our Services include contract and engagement letter review for insurability, loss prevention seminars, newsletters, and risk management. Personal Service is our specialty. This website is intended mainly to supplement our personal service to the more than 500 Louisiana professional firms who now trust us to serve their insurance needs. What Your Overhead Mark-Up Should Include. Many contractors don’t know their exact job costs, equipment costs, overhead budget and how much profit they should make.

What Your Overhead Mark-Up Should Include

Without an understanding of your numbers, working hard in a financial vacuum keeps you busy and broke instead of productive and profitable. In order to bid projects successfully, you first need to know what it takes to cover your annual overhead. When I ask contractors what their yearly overhead is, they often answer 10 percent or 15 percent. Overhead is not a percentage of costs or sales. You don’t pay your staff as a percentage of the jobs you bring in, do you? Job charge or overhead expense? A common problem occurs when companies don’t properly job charge field costs to their respective jobs. When you bid work, your field labor rates include employee burden costs, taxes and insurance. Track your job costs To make more money, you must track and keep updated accurate job costs. Pricing the Job: Overhead, Markup, and Profit. In This ArticleCalculating Overhead & ProfitThe Mistake of Markup View all Bidding articles Once a contractor has come up with his estimate of hard costs to complete the job, he will mark up his costs to determine the bid price.

Pricing the Job: Overhead, Markup, and Profit

The hard costs – the money paid out for labor and materials — is marked up to cover overhead and profit. Overhead. 9 Reasons to Leverage the High-Skilled Contingent Workforce. 9 Reasons to Leverage the High-Skilled Contingent Workforce Filed under: Contingent Workforce.

9 Reasons to Leverage the High-Skilled Contingent Workforce

We’ve talked a lot in the previous months about the benefits of working as a contractor in high-skilled fields like Procurement, Strategic Sourcing, and Supply Chain (Demand & Supply Planning, Logistics, Transportation & Operations) from a candidate’s perspective. Topics in Business Insurance and Helpful Links. Insured Contract. A Predictive Analytics Primer. No one has the ability to capture and analyze data from the future.

A Predictive Analytics Primer

However, there is a way to predict the future using data from the past. It’s called predictive analytics, and organizations do it every day. Has your company, for example, developed a customer lifetime value (CLTV) measure? Financial Ratios - Encyclopedia - Business Terms. Related Terms: Balance Sheets; Cash Flow Statements; Income Statements; Return on Assets Financial ratios are relationships determined from a company's financial information and used for comparison purposes.

Financial Ratios - Encyclopedia - Business Terms

Examples include such often referred to measures as return on investment (ROI), return on assets (ROA), and debt-to-equity, to name just three. These ratios are the result of dividing one account balance or financial measurement with another. Usually these measurements or account balances are found on one of the company's financial statements—balance sheet, income statement, cashflow statement, and/or statement of changes in owner's equity. Financial ratios can provide small business owners and managers with a valuable tool with which to measure their progress against predetermined internal goals, a certain competitor, or the overall industry.

Ratios are calculated by dividing one number by another, total sales divided by number of employees, for example. HBR TOOLS: Return on Investment (ROI) This pricing is for PDFs that are purchased and downloaded from our website and printed copies that ship from our warehouse to your requested shipping location. 1-4 = $8.95 each 5-10 = $8.75 each 11-49 = $8.50 each 50-499 = $8.25 each 500+ = $8.00 each.

HBR TOOLS: Return on Investment (ROI)

Vertical integration. Definition “Vertical integration is a strategy used by a company to gain control over its suppliers or distributors in order to increase the firm’s power in the marketplace, reduce transaction costs and secure supplies or distribution channels.”

Vertical integration

“Forward integration is a strategy where a firm gains ownership or increased control over its previous customers (distributors or retailers).”


U.S. Taxes vs. Everywhere Else: A Graphic Guide. Project Management Documents and Templates. Rating: 3.5/5 (2 votes cast) The Project Executing Process Group is where the actual implementation work takes place to complete the work.

Project Management Documents and Templates

Work is completed when the project meets the stated project objectives and scope defined in the Project Scope Statement. By this point, the planning has completed (or at least a significant portion of it has completed) so that there is a first set of baseline requirements and planning documents to begin project implementation. The Executing Process Group consists of the processes that assist with this purpose. It involves executing the project according to the project plan. Some of the activities that take place during project execution include: Managing Project Scope (This includes preventing uncontrolled change)Performing Quality AssuranceAcquiring the Project Team (According to the Project Management Body of Knowledge (PMBOK)), although this very well started during planningRequest and select products and sellers. Project Management Strategies, How-To Articles, Reviews of Project Planning Tools & More at

Market to Engineers: 5 Must-Know Strategies Plus 2 Surprises. By Contributing Editor Dianna Huff Engineers are tucked away in companies and can be very difficult to find, let alone reach.

Market to Engineers: 5 Must-Know Strategies Plus 2 Surprises

Plus, they are impervious to traditional marketing tactics – and they like it that way. You can rent a list and send them direct mail, but they won’t read it. “Direct mail?” One told us, “Oh, you mean that junk I throw away. Telemarketing, same thing. And, engineers are underwhelmed by your clever marketing creative. Yet, engineers are major influencers when it comes to purchasing products and services.