Join Rudolph Rosenberg for an in-depth discussion in this video Analyzing nonsales staff expenditures, part of Financial Analysis: Analyzing the Bottom Line with Excel.
…Just as we analyzed sales and…marketing OPEX, now we're going to look at nonsales staff salaries.…In many companies the biggest source of OPEX is salaries.…We have just seen how to analyze sales salaries in the sales and…marketing category, and now we will focus on the nonsales part.…As its name states,…this category covers the salary of any employee who is not a sales person,…and therefore strongly influences the profitability of the company.…
As for all our other metrics, it is best used when compared to past performance.…Every company has a massive amount of administrative work that needs to be done.…Whether that is legal requirements, or just to manage the business efficiently.…The result is the constant desire to hire more nonsales staff to…cope with the ever increasing administrative obligations.…The risk here is that over time, the increase in the size of nonsales teams and…their underlying cost will result in a very large monthly…expenditure that the company needs to pay for.…
While nonsales staff facilitates the work of others and…
Also check out the companion course, Financial Analysis: Analyzing the Top Line with Excel.
Lynda.com is a PMI Registered Education Provider. This course qualifies for professional development units (PDUs). To view the activity and PDU details for this course, click here.
The PMI Registered Education Provider logo is a registered mark of the Project Management Institute, Inc.
- Finding data points
- Prepping data
- Calculating standard cost and gross margins
- Analyzing overall gross margin performance
- Analyzing individual and overall expenses