Manufacturing | myOverhead
Want Immediate Manufacturing Profit Margin Increases?
When you Price your Manufactured Products from Calculating your Exact Overhead and Break-Even Costs Correctly –
You will Immediately see your Manufacturing Profit Margins Increase
and MyOverhead.com makes it Simple, Quick & Easy!
This is the exact system my team at
MyOverhead follows to consult
manufacturing companies and help them
grow and become more profitable.
Get it, implement it and watch the results.
Watch how Quick and Easy Exact Manufacturing Overhead
& Break Even Costs can be Using MyOverhead.com!
Accounting Software will not give you the numbers you need!
Your accounting software is necessary for accounting purposes, however trying to use it to calculate your overhead and correct selling price is almost impossible!
If you use an accounting systems… Great, all you need is a profit and loss statement and our online system does the rest. Entry is fast and can be done in minutes… not hours!
Don't have an Accounting System?
If you don’t have an accounting system, do not worry, because we have a questionnaire form that makes it fast and easy to enter all of your expenses so nothing is missed!
Not good with Math?
No need to be a Math Wizard, All complex calculations are completed and done for you instantly… Updating and keeping current with your numbers is simple and fast!
You can set your preferences to your manufacturing requirements. Choose questionnaires, trial balance/profit & loss statement or lump sum entry forms for operating expenses. Set defaults for employee entries, payment periods, employee pay rates and benefits in yearly, semi-annually, quarterly, monthly, bi-weekly and weekly. Set employees as active or inactive. This makes it easy to make quick adjustment throughout the year.
We have eliminated the guess work and countless hours it takes to calculate your manufacturing overhead and break-even costs. With simple questionnaire form, expenses are broken down into different categories to make it easy to enter your information. If you have a new business without previous years, easily enter what if numbers into the system. With the credit and debit entry forms you can take your accounting systems trial balance or profit and loss statements and enter your operating expenses into the MyOverhead System in minutes not hours.
With entering your expenses we make it easy for your manufacturing company to know what you have to include in your calculations to properly calculate your operating expense (overhead) rate. This is the area where most manufacturing companies have a difficult time trying to figure out what costs should be included in their calculations. With MyOverhead all the guess work has been eliminated for your company.
You have complete flexibility to enter additional taxes or burdens your manufacturing company has to pay on employees. Add in vacation time, sick days and holiday pay to quickly know your burden percentage. Also add in your tax percentages and set your companies employee gross limits for specific tax burdens that have cap limits set by federal or state regulations.
Your manufacturing company can add as many employees as needed. You can see how adding employees and setting them as active or inactive will quickly change your costs. If you use temporary help you can set the employees as taxable or tax exempt, so hiring temps is accurately included in your pricing structure.
With our system you will be able to open or drill down on each employee in your manufacturing company. You will be able to set your employee’s base pay by yearly, semi-annually, quarterly, monthly, bi-weekly and weekly. You will also be able to enter in all benefits for each employee such as vacation, health insurance, sick days or editable miscellaneous benefits entry sections.
For manufacturing companies that have equipment that generates revenue, the MyOverhead system will calculate the equipment like a direct labor employee. Equipment that generates revenue should be calculated into your costs. Revenue generating equipment will change your operating costs and your overall pricing structure per hour.
In the MyOverhead Calculating System your Manufacturing employees are broken down into two labor groups, indirect and direct. You will be able to choose from a drop down list of employees entered under the employee data section of our system. You will be able to separate direct labor employees if you wish into different divisions, groups or departments with a percentage of costs associated to it. This allows your Manufacturing company to establish break-even and overhead rates per department such as product manufactured, packaging and shipping.
Exact Labor Burden Rate
Your company will be able to know your exact labor burden cost you have to pay on each employee. This will ensure you are covering all your costs associated with each employee when setting your product pricing or goods sold.
Your manufacturing company will be able to see a snapshot view of your costs broken down by the many different sections of your business. From your break even rate per hour, weekly and monthly to your overhead costs per hour or burden % rate. The MyOverhead system will provide you with a detailed list of all your manufacturing costs. With our system, it will allow you to make the informed business decisions necessary for the ever changing future.
What to Charge to Break-Even
Your Break-Even point is vital for you to successfully increase profit margins for your manufacturing company. You will get your exact break-even point per hour and total amount of products needed sold to break-even for your manufacturing company.
Exact Overhead Costs
Your manufacturing company will be able to see all the costs that make up your manufacturing operating (overhead) costs. You will be able to look up all of your costs by different divisions, groups or departments. The MyOverhead calculating system makes it easy to report to you all your company’s costs and correctly pricing your products is done fast, accurate and allow for maximum profit margins on every product manufactured and sold!
Your Profit Is Waiting... Correctly Price your Manufactured Products!
Immediately Increase your Manufacturing Profit Margins
– Join Today:
Profit Multiplier Calculator to insure you make the profit you are expecting when selling your products.
Is there a guarantee? We have a 60 Day, 100% Money-Back Guarantee.
So, YES, your purchase is 100% guaranteed. If you’re not happy with MyOverhead for any reason, simply let our friendly support team know within 60 days of your purchase and we’ll happily refund every penny. No questions asked.
Calculate Your Exact Overhead & Break-Even Costs… Price Your Products Correctly… Your Profits will Increase, Guaranteed!
You've watched the television shows where a consultant comes to town charged with the monumental task of transforming an under-performing business into a thriving profit machine. What if you could put that consultant's secrets to work whenever you need, 24/7?
Become a member of MyOverhead.com and take control. MyOverhead.com teaches how to turn your business around... Just like the experts on television, you will learn the keys to success through your numbers. Then repeat the step-by-step process to stabilize and then maximize profit potential.
AKRON, Ohio - Mark Lallemand is selling a product that seems certain to find an audience in the business-to-business market: The secret to making money.
Actually, it isn't a secret so much as a mathematical formula.
Lallemand has come up with a way to calculate a company's exact overhead costs and then use that information to help the company figure how much it should charge for its products and services.
Knowing overhead costs - intangible expenses ranging from rent and utilities to gasoline and office supplies - may seem fundamental to conducting business. But it's often an elusive detail for managers, particularly in a company's earliest stages.
"A lot of people, especially (running) startups, don't understand the nuances and subtleties of overhead issues," said Vic Wlaszyn, president of the Akron Area Better Business Bureau. "They fly by the seat of their pants."
Lallemand's company, Myoverhead.com, is a subscription service that allows clients to calculate their company's fluctuating expenses and sales requirements online.
In March, the Akron Area BBB hosted several of Lallemand's seminars for its members.
"It's not rocket science," Lallemand said about his patent-pending system. "Clients give me just a little bit of information (about their company), and I tell them exactly how they're doing, and it blows their minds.
" Lallemand said his system works for all types of businesses, from retail to restaurant to manufacturing. The monthly subscription format is necessary because figuring overhead is not a one-time thing.
The manufacturing company, which cuts and packages fiberglass to clients' specifications, had seen its profit margin erode over the last few years, and Jerry wanted to know why.
He suspected the answer would be found in Halprin's overhead. An Internet search turned up Lallemand's Myoverhead.com in Tallmadge, Ohio.
In 1993, Lallemand and his brother opened a construction-related business of their own. That is where he learned the tough lessons about running a successful business - and making money. He ended up abandoning that effort and took a job developing accounting software for a construction firm. In that role, he realized that many contractors underestimate their overhead and underprice their services.
"Numbers don't lie," Lallemand said. "They tell you everything you want to know. No matter what, you give me a situation, and I can tell you what's going on and why, just given the numbers.
"It all breaks down to a mathematical formula. Once you know the formula, it's a guiding light that will give you everything you want to know."