S2E26: How to Calculate Your Labor Cost Percentage

Small Business Survival Conversations
03/05/2022 12 min
S2E26: How to Calculate Your Labor Cost Percentage

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Episode Synopsis

Send us a textPayroll is a major expanse for any firm, and in some industries, it is the largest cost. Tracking employee labor percentage is extremely important for the small business owner because it is a key metric the owner must know so she/he can identify problems and opportunities to capture payroll savings. 

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