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Questions & Answers
Q: I am a recent purchaser of your software and would like to know the easiest way to calculate a pricing change using your software. I want to compare the beginning of year baseline, to a current situation whereby our raw material costs have risen year to date. What I am interested in doing is to raise selling price to accommodate the raw material change and keep the margin and profits the same and wanted to know the best way to do so. I am contemplating the following: 1) Baseline the FY by using the projected selling price, revenue, fixed, and variable costs. What will be the result is the planned sales profit etc. Next would be to enter the information for the current scenario. 1) Enter the sales volume 2) Enter the change in raw costs in the variable costs section as fixed costs have remained constant. Am I on the right path?
A: Yes, set up your baseline to determine your current parameters, save this as your current scenario. Then set up a new scenario for the following year using your increased variable cost. You can then adjust and refine other parameters ie (Business Revenue) as required to determine the impact and identify the mix that would maintain profit at the required level.
Question and Answer Item 10290 - Browse All Question and Answer Items
Q: Which software do you recommend for trying to determine why my business is unprofitable when volume is up but revenue and profit are down. I work for a freight forwarder and provide transportation services to customers. Our international air business is not doing too good and I need to determine which software will help me pinpoint the problem areas such as are our buy rates from airlines not good or are our rates to our customers too low. Thanks
A: Two of our software titles will assist here. Pricing and Breakeven Analysis ( https://bizpep.com/pricebreakevenanalysis.html ) will provide an analysis of prices you charge to determine the Optimal pricing points and Profit Contribution Model Excel ( https://bizpep.com/profitcontribution.html ) can help identify what portions of your business generate what profits. These will provide some insight and a solid starting point for decisions.
Question and Answer Item 10283 - Browse All Question and Answer Items
Q: What business types can Billing Model be used for?
A: The Billing Model is suited to any professional practice and can be used to test the impact of fee changes on client numbers and in turn revenue and profit.
Question and Answer Item 359 - Browse All Question and Answer Items
Q: Maybe you have additional or other products to help with the "what if" questions ...?
A: Many clients find our Profit Contribution Breakdown https://bizpep.com/profitcontribution.html and Decision Assistant Model https://bizpep.com/decision/ of value to develop an understanding of business dynamics and outcomes.
Question and Answer Item 358 - Browse All Question and Answer Items
Q: I would like to purchase the Product & Supplier Profitability template. Once I have purchased same, will you provide me with the password to the workbook and sheet protect?
A: You will need to purchase a Commercial or Source License to receive unprotected software. With a standard Non-Commercial License all non-input cells and Visual Basic code are protected to ensure integrity and protect source code. All input is via unprotected input cells, protected cells contain formula and should not be changed. The software is fully functional and the protection is in place to ensure the software formula and code is not corrupted. We also offer Commercial licenses and upon request with a Commercial license can provide an unprotected software version allowing you to view the formula applied, access cell contents to enhance your knowledge of software operation (macros remain protected) and undertake minor refinements (ie headings etc). Commercial licensing fees are 3 times Non-Commercial licensing fees. To access the source code of our software including the visual basic code (macros) a Source License is required. This license allows you to modify and adapt all components of the software to meet your specific needs. Source licensing fees are 3 times Commercial licensing fees. Source Code License details are available at https://bizpep.com/SourceLic.html . Please note that Bizpep retain full copyright and intellectual property rights at all times. I can provide additional detail as required.
Question and Answer Item 354 - Browse All Question and Answer Items