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Home » Keywords » forging finance

Items Tagged with 'forging finance'

ARTICLES

finance

3 Core Concepts in Building a Cost Model

Todd Peter
April 5, 2022
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In prior articles (December 2021 FORGE and February 2022 Industrial Heating), we discussed the reasons behind the importance of understanding margins (price minus cost) for the seller of any product or service. Your Cost Model is the framework for calculating costs.


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forge finance
Forge and Finance

10 Reasons Why Costing is Important

1219forge forgefinance head
Peter Geise
Todd Peter
February 4, 2022
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The goal of most businesses is to make money. Doing so is simple if you sell your offerings for more than it costs you to acquire, make or provide them.


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value-of-business
FORGE AND FINANCE

Considerations in Raising Outside Capital

1219forge forgefinance head
Peter Geise
October 6, 2021
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As a business owner, you have limited options when seeking capital to start or grow your company. Essentially, there are three sources of cash: your own cash investment or that of other investors, your bank and cash from the daily operations of the company.


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feature-image-value

Change Your Sales Pitch from Price to Value

Jon D. Tirpak
October 5, 2021
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Customers in the forging community often treat the procurement of forgings as they would a commodity product. This article discusses the pitfalls of selling forgings as a commodity and promotes the reasons to sell forgings on their value, not their price.


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FORGE & FINANCE

Not Everyone can Lead the Strategic Planning Process

Peter Geise
June 9, 2021
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A strategic plan is a roadmap for the managed growth of a company. This process can be managed by an experienced CFO or other outside facilitator.


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FORGE AND FINANCE

Every Business Should Have a Professional Skeptic

February 3, 2020
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The business model is the foundation of a successful business, and the CFO plays a critical role in building the optimal model for a company.


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Forge and Finance

The Value-Enhancement Pyramid

1219forge forgefinance head
Peter Geise
December 4, 2019
No Comments

Welcome to the inaugural installment of this new column in FORGE. It will be dedicated to the financial issues facing manufacturing businesses, providing guidance on financial matters to those who may not have a dedicated CFO on staff and providing additional financial insight to those who do.


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