How to get the best ‘bang for your buck’
Payback & ROI (Return on Investment) When specifying a production line, understanding the total project cost is essential. There is no value in designing a solution the client cannot afford. Early in every project discussion, I focus on payback: Payback Period = Capital Investment ÷ Annual Savings or Incremental Margin Savings may come from: Many…
Why You Need Professional Project Management
When a project idea first emerges, it’s common for the originator to share early thoughts with colleagues – seeking support, insights, or technical expertise. The concept develops organically and eventually receives the green light to move ahead. At this point, the traditional approach is to bring in a project manager, engineer, or director to implement…
There is More Than One Way to Grow Your Petfood Business
Organic Growth vs. Acquisition: Choosing the Right Path for Your Pet Food Business Organic growth – while deeply satisfying as you steadily build your business is the traditional path to scaling up. It allows you to better meet customer demand and benefit from economies of scale. However, it can be a slow process, with maybe…
What’s It Like Running Your Own Business?
I launched 4p Management in early 2021. For years, I had toyed with the idea of being independent, but like many, the security of a good salary in a blue-chip company kept me from making the leap. Then, in mid-2020, an opportunity came along that was simply too good to pass up. And so, in…
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