Service

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Timeliness and accuracy are the two most critical characteristics of service. Service is primarily a labor based function. For the entrepreneur, he/she needs to understand the total cost of that service and the associated skills involved. Gaining a true understanding of all the elements allows the small business owner to properly gauge the costs and charge an appropriate and competitive fee for the service rendered.

Labor costs include actual direct compensation, indirect compliance costs, benefits, training and human resources management.

The articles in this section of the website are related to the service industry. They include how to evaluate the costs of service, standards of performance, and tools to evaluate these standards.

Most of the articles below are in depth and are written to educate and train the small business owner. Read to gain a true understanding of the subject matter involved. Act on Knowledge.

Value Investing Episode 1 – Introduction and Membership Program

FEATURE ARTICLES:

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