Cost Driver [upd] < Instant Download >
If you try to manage the cost (salaries) without managing the driver (tickets), you will always be behind.
A cost driver is not an accounting buzzword. It is a . cost driver
Have you ever looked at your monthly P&L statement and thought, “Revenue is up, so why is our profit margin shrinking?” If you try to manage the cost (salaries)
You dig into the expenses. Rent is flat. Salaries are steady. But somewhere, a line item labeled “miscellaneous operating costs” has doubled. “Revenue is up
So, what’s your biggest cost driver this quarter? Go find it. Then go reduce it. Enjoyed this? Share it with a founder who just asked “where did all our cash go?”
The culprit isn’t a villain. It’s a .