September 8, 2021

How To Calculate Your Hourly Rate (to be profitable)

Download the spreadsheet used in the video and adapt it to your own business.

So you sell services/labour, but do you really know the hourly cost of each of your people?

Are you confident, when you price up a quote, that you really know how much the job/project is going to cost you?

Do you know how much each employee is making you (or losing you!)?

Most small businesses are getting this wrong.

In this seminar, we’ll show you how to work out what the hourly cost rate (or daily rate) is for each employee. This will give you confidence to quote, knowing you will make a profit; and the confidence to turn away unprofitable work.

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