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If you operate a service business, there is nothing more important than the cost of labor. Not only must your labor costs be affordable, but it is also vital that the price of your services covers your labor costs sufficiently to earn you a healthy profit.

If it does not, you will find yourself making up the difference with your own labor! Unfortunately, long hours and low pay are too common among business owners. If you poll small business owners across this nation, you will find that most of them are busy - in fact too busy.

Ready for a shock? Use our calculator and see what even a small miscalculation can cost you each year.
Our average client had miscalculated their labor costs by $3-5 per hour. To see what this miscalculation would cost your company, enter your number of employees and hit calculate.
Number of Employees:  
Miscalculation per hour:
Example ($3.00)
 


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As a business coach and consultant, I am a big believer in the concept of “what you can measure, you can manage”. Your Cost Center.com is a great tool for contractors that helps them to calculate what they really need to charge per hour to recover their variable and overhead costs. Too many contractors look at what others are charging, or use some general calculation rather than evaluating their own company’s numbers. Your Cost Center.com is an easy to use web-based program that helps business owners pinpoint their own cost per hour accurately, enabling them to set their prices appropriately to achieve their profit target.
Linnea Blair, CEO, Advisors On Target