Unlock Your True Labor Burden: A Financial Tool for Contractors
We're excited to share a tool that has been instrumental in the success of our home building business: a meticulously designed Excel sheet that helps contractors fully comprehend their true labor burden. This resource is the culmination of our own experiences and efforts to ensure we're not just covering costs, but also securing the right profit margin for each role within our operation.
We built this because we understand how critical it is to have a clear picture of what each employee truly costs your business — beyond their hourly wage. This insight is key to pricing your services correctly and ensuring your business remains profitable and sustainable. By sharing this with you, we aim to empower your construction business with the same clarity and control over your finances that has helped us succeed. It's our way of supporting the community that's been the backbone of our achievements, by contributing to your success and the elevation of our industry's standards.
How to Use
Insert your information on the Input tab, modifying the Blue text only. Insert additional rows as necessary.
On the Rate Calculator tab, modify the Blue text only. See notes on top of page.