Finding a Balance: How Much Administration Do You Need?

One of the most difficult things for a company to establish is the optimum amount of business administration. Every business must decide how much administration is necessary versus how much the company can afford. If a company does not collect enough information, money is saved in the short term but uninformed business decisions can result. On the other hand, a company can easily spend too much money on useful but nonessential information or personnel. This is particularly true of a small company following the lead of a larger company with more resources. This article provides some guidelines on what factors a company needs to consider when deciding how complex their administrative operations should be. Some of the primary areas for consideration include: the need for a financial statement, payroll operations, job costing analysis, and the need for additional administrative assistance.

• Availability:
  • Find a library where document is available. Order URL: http://worldcat.org/oclc/38839621
• Authors:
  • Vander Kooi, Charles
• Publication Date: 2005-10

Language

• English

Media Info

• Media Type: Print
• Features: Figures;
• Pagination: pp 68-71
• Serial:
  • Pavement Maintenance & Reconstruction
  • Volume: 20
  • Issue Number: 7
  • Publisher: Cygnus Business Media
  • ISSN: 1098-5875

Subject/Index Terms

• TRT Terms: Administrative personnel; Administrative procedures; Business administration; Contractors; Financial analysis; Job analysis
• Subject Areas: Administration and Management; Finance; Highways; I10: Economics and Administration;

Filing Info

• Accession Number: 01013331
• Record Type: Publication
• Files: TRIS
• Created Date: Dec 3 2005 11:24PM