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amtrucker22
03-21-2007, 04:05 PM
I recently had my memory jogged why I did not want to be an accountant :hammerhead: . I am looking to see what kind of FORMULAS you guys use to keep track of your business (cost of employees, efficiencies, cost of customers...)

Thanks,

Paul

salandscape
03-22-2007, 12:08 PM
I set up an excel spread sheet with employee wages + taxes, broken out in hour, day , week, season. I also break out my trucks, equipment, fuel, repairs etc in the same way (hr, day etc.) Same with my overhead. This gives me what I will need to bill each hr/ day etc. then I figure what I need to make to be profitable margin) and replace my equip. after it's life span. i am currently figuring being able to bill a seven hour day for mowing while working 9 hrs (78% production rate) for mowing. I am planning on using paid lunches as an incentive program+ hid budgeted hrs/ customer statisfaction get paid for lunch.

God I hope this works out! Don't know if this is what you are looking for but hope it helps.

amtrucker22
03-22-2007, 05:47 PM
I set up an excel spread sheet with employee wages + taxes, broken out in hour, day , week, season. I also break out my trucks, equipment, fuel, repairs etc in the same way (hr, day etc.) Same with my overhead. This gives me what I will need to bill each hr/ day etc. then I figure what I need to make to be profitable margin) and replace my equip. after it's life span. i am currently figuring being able to bill a seven hour day for mowing while working 9 hrs (78% production rate) for mowing. I am planning on using paid lunches as an incentive program+ hid budgeted hrs/ customer statisfaction get paid for lunch.

God I hope this works out! Don't know if this is what you are looking for but hope it helps.
This is good stuff! 78% production rate is great! I wish I was that good... I am just now starting to track stuff so I won't have good numbers for a while.

What are some other things people track? I know I have seen on LS where some of you guys track some pretty obscure stuff. Let's put some formulas out there and then tell us what information it provides!

Paul

salandscape
03-22-2007, 08:45 PM
I'm praying for a 78% production rate! It is very doable most days with this route. I just need my foreman to keep everything on track!