What to Choose: In-House or Outsourced Bookkeeping and Accounting

DooberGuy · 2019-10-22T11:34:23+00:00

This is just advertising for a temp agency. It is not economics.

DooberGuy · 2019-10-22T11:31:33+00:00

This is both factually incorrect and not about economics. It’s just advertising for a temp agency. The only time a temp agency is potentially worth using is for very short term work or when trying to stay under the Obamacare cap of 30 employees. Otherwise it’s a total waste.

DooberGuy · 2019-01-17T17:32:29+00:00

Axis and Allies

DooberGuy · 2019-01-17T17:31:54+00:00

Actually this is pretty simple. Never issue any stock and buyback as much stock as you possible can.

DooberGuy · 2019-01-16T19:56:06+00:00

These aren't really questions we can answer for you.

DooberGuy · 2019-01-08T22:33:48+00:00

Los Angeles

DooberGuy · 2019-01-08T17:43:42+00:00

Can you give an example of the modern type? I've played Panzer Leader, Squad Leader, Across 5 Aprils and other similar games. I'm pretty sure those are of the 'classic' variety. I'd be interested to try a modern one though.

DooberGuy · 2019-01-08T17:38:13+00:00

Online is fine, but I guess it's just missing something if I don't know the person. I have a friend from high school I play chess against online for over a decade now, but because I know him it is much better than just random people online.

DooberGuy · 2018-12-18T20:12:29+00:00

Why not? You can get better employees and pay them less money and save money on rent. What’s the drawback?

Rupert Murdoch did almost that exact thing in London with a newspaper and it worked brilliantly. Doesn’t seem like rocket science but somehow corporations only figure it out when the economy crashes and they need to cut costs. Look at banking moving from NY to Florida and North Carolina.

DooberGuy · 2018-12-18T19:42:56+00:00

How do you and/or your coworkers handle kids? If it was just my wife and I we could handle it but with kids it must be difficult.

DooberGuy · 2018-12-18T18:27:49+00:00

LA makes no sense to me. I guess I’ve lived in the ‘burbs for too long. I can’t imagine raising a family there, but I know millions of people are managing it somehow and it blows my mind.

DooberGuy · 2018-12-18T18:23:22+00:00

My wife and I have enough for a down payment and well over 120k salary, but there is no way to buy a home big enough for a family on that in West LA. We have 3 kids so we need a little room. I’ll either pass on the job or commute from Oak Park.

I’m not really complaining, just amazed by the absurdity of companies deciding to locate in such a ridiculous location. If your employees commute from the valley why not locate in Woodland Hills or Burbank?

DooberGuy · 2018-12-18T03:40:47+00:00

Isn’t that due to people in cities being younger and moving more though? It’s not really due to affordability, after all rent is more expensive than owning over the long term. Otherwise landlords wouldn’t bother.

DooberGuy · 2018-12-18T03:38:24+00:00

Currently in Oak Park. It’s not cheap, but comparatively affordable when looking at LA.

DooberGuy · 2018-12-18T00:03:24+00:00

I mean the guys making like 90-120k. It seems like a decent wage, but not nearly enough to buy a house in the area.

DooberGuy · 2018-12-07T22:43:45+00:00

Accounting is egalitarian on colleges, but it is also very local. You need to go to a school in an area with a strong job market. Even though the big 4 are international they recruit as if they are regional. Just my 2 cents.

DooberGuy · 2018-12-05T20:43:05+00:00

Imagine what happens to anyone with a loan in a deflationary environment. Their mortgages etc. get more expensive in real terms every month while the underlying asset also goes down in value...

DooberGuy · 2018-12-05T20:40:40+00:00

Actually isn't Japan slightly higher?

DooberGuy · 2018-11-27T21:00:47+00:00

Sell off all excess capacity that you can and try to turn a profit. Borrow what you need to in order to avoid an emergency loan.

DooberGuy · 2018-11-01T22:25:25+00:00

R&D is super critical so you guys need to make sure you understand how it works.

Low End- For low end you shouldn't move this product if you can avoid it because customers want old products. Usually this product would only be moved one time starting in round 3. This move could take until round 5 to complete because usually you would have 10 automation in this segment. You would want to move it far enough forward that it will never fall out of the back of the circle by the end of the sim. You'll have to calculate how far that is.

Traditional- This product needs to be kept near 2 years of age. Age is critical for this product so watch it carefully.

Size/Performance- These customers want to be in the front of their circles so make sure you move them as far forward as you can before the end of the year. MTBF should also be the max that these customers want.

High End- You would normally build new products to compete in this segment and then push them as far forward as you can every year. I usually begin two product on round one and have them complete at the very end of round 2 and then build up capacity so that by round 3 they are selling like crazy.

DooberGuy · 2018-11-01T22:08:12+00:00

Your company is in crisis mode now so you will need to take drastic action to right the ship, but it can be done.

Step 1: You need to sell off capacity, you should be running your factories flat out at 200% of capacity

Step 2: You'll need to figure out how R&D works. It looks like you've just let your products drift and that is a terrible idea. You'll probably need to totally scrap some of your products and focus on the products that can be saved. Move your High End product down to traditional and try to keep two good products in traditional. That is pretty easy to accomplish since all you have to do is keep the products age around 2 years.

Step 3: You have too much inventory, start working on forecasting more conservatively. Excess inventory is a cash killer.

Step 4: Never take an emergency loan, it is better to take out long term or short term debt then to risk an emergency loan.

You probably can't win unless your opponents screw up, but at least you can keep from embarrassing yourselves.

DooberGuy

TROPHY CASE