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!
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100% Money Back Guarantee
Your investment is protected by our 60-Day “Free Look” Policy. Here’s how it works: You have a full 60 days to preview “The MyOverhead Calculating System.” If you decide during that time that “MyOverhead” is not right for you, just let us know and you’ll be issued a full and prompt refund…no questions asked. In short, you get a great return on your investment, or you get your money back. It’s that simple…
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!
Do you have an Accounting System?
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!
Set It And Forget It
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.
Entry Forms make it Easy
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.
Detailing your Expenses
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.
Employee Taxes and Burdens
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.
Employee Tracking and Entry
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.
Drill Down into each Employee
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.
Revenue Generating Equipment
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.
Separating your Labor Resources
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.
Snap Shot Reporting
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 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.
Your Profit Is Waiting... Correctly Price your Manufactured Products!
Immediately Increase your Manufacturing Profit Margins
– Join Today:
Core Calculating System with a complete online overhead and break-even cost calculating solution.
Sales Volume Calculator so your company knows the exact amount of sales needed to break even for the year.
Future Projection Calculator to perform what if scenarios on your manufacturing company to see how it will change your overall cost.
Profit Multiplier Calculator to insure you make the profit you are expecting when selling your products.
Video Instructions detailed step by step training videos walk you through the entire process.
Completely Secure with 24 hour a day access to your company’s overhead costs.
Free Upgrades and no software to buy or download.
…and so much more!
Frequently Asked Questions & Answers
This is completely dependent upon you, but if you follow the simple entry forms and our process the goal is to have you there in 1 hours or less! This depends on your company employee count of course, the more employees you have to enter into the system, may take you a little longer than average. It comes down to your ability to put the effort in, once you start simply do whatever you can to push through and get to the end. Because once you do maintaining it is easy.
Because your company’s overhead and break-even costs continue to change. We recommend checking your numbers every month, but some customers check weekly while others check them quarterly, the choice is yours to make. If any of your company’s expenses change such as rent, utilities, buying a new computer a new printer etc. or also adding or subtracting an employee can drastically affects your overhead rate and break-even costs. Staying signed up allows your company to monitor the changes and actively take steps to ensure you are covering all your company’s cost and making money when pricing your services.
Unfortunately there is no way we can answer that realistically. Every company is different, has different costs and employee counts, etc., so it’s impossible to answer. How much you make will be completely up to you. But knowing your company’s exact overhead and break-even costs will surely put you on the right path to start making money on the services you offer.
Probably…but why would you want to? Wouldn’t you rather just take a short-cut and learn what has already been proven to work? Look, we’ve made every mistake you can make and have spent hundreds of hours and tens-of-thousands of dollars testing and tweaking the MyOverhead calculating system so that you don’t have to. But hey, if you want to spend your valuable time and hard-earned money trying to figure this out on your own, you certainly can.
Calculate Your Exact Overhead & Break-Even Costs… Price Your Products Correctly… Your Profits will Increase, Guaranteed!
About The Site Author
MyOverhead.com is unique because it is owned and operated by real business owners who actually sell their own services and products. Yep you heard that right, we’re not just some guys who put together a website”… We actually DO THIS STUFF! (And we’re pretty dang good at it too)
One of the major keys to success of any company lies in the ability to properly manage and assess the financial performance of your business. Most individuals who start a business want to make a living or build wealth from the endeavor. For many, the desire to be your own boss and escape from the shackles of traditional employment is part of the motivation, but the bottom line usually comes down to attaining some form of financial success so that you are not living from paycheck to paycheck.
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?
MyOverhead.com is here to do just that. The American dream… Start a business and gain financial freedom… All too often, however, this dream becomes a nightmare and the company falls into financial strain, feeds on your time, and sucks your life away.
- Tired of the roller-coaster ride?
- Tired of being unable to spend time with your family and friends?
- Has the business become your life?
- Can you remember the last time you had a day off?
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.
The best part — once you learn the method you will be able to apply it over and over again to continue successful growth. Do the right thing for you and your business. Make your business work for you! Take control of your dreams and become a member of MyOverhead.com today!
MyOverhead.com provides the online financial tools your small business requires in order to properly manage your financial goals and lead your company to financial freedom. Making money in business is hard, but it does not have to be. MyOverhead is here to insure your business runs profitably, even in the worst economic climate.
Send Us an Email: Email the MyOverehead Support Staff by filling out the Get In Touch form below.
Give Us a Call: Call the MyOverhead Support Staff (Monday – Friday 9am – 5:00pm Eastern) at 330-633-7300
Our Office Location: 40 Metric Dr. Suite #2 Tallmadge, Ohio 44278
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In The News
MyOverhead.com: A mathematical formula helps determine how much to charge for services, products, or goods sold
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.
The [$697 yearly fee] includes email support for clients who need to be talked through their numbers.
In March, the Akron Area BBB hosted several of Lallemand's seminars for its members.
Overhead does not include the direct costs of building the product or delivering the service. Often, organizations determine their overhead by multiplying their manufacturing costs by an arbitrary figure, or tacking on a random percentage. These methods are inexact and often result in underestimation.
"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 expenses are constantly changing, he said.
Mike Jerry, vice president and general manager of Halprin Industries in Bedford Heights, Ohio, has been subscribing to Myoverhead.com since November.
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.
As a result of working with the online service, Halprin Industries identified its actual overhead costs. In January, the company changed its pricing structure. By March, profits were up 4 percent from the previous year.
Lallemand, 43, studied construction trades at Maplewood Vocational School in Ravenna, Ohio. But his expertise has roots in a Radio Shack Tandy 1000 his parents bought him when he was 10.
With that early home computer, he learned programming and developed a passion for mathematics.
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.
He approached the problem in the way he was most comfortable: He converted it into a math problem.
"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."
By Candace Goforth, Knight Ridder News Service