finance

How do you make a project-based business more efficient and stable? Among other things, there are two levers you can pull: Get rid of low-margin clients and keep the most profitable ones. Reduce indirect costs. For both, you need a profit-and-loss (P&L) report to hand — from an individual feature ordered for a project right up to the company as a whole. You can build such a report on the basis of analysing employees' output rates. In this article we'll look at how to do that