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Old 08-07-2010, 02:44 PM
mcw615 mcw615 is offline
LawnSite Senior Member
Join Date: Jun 2009
Location: Virginia
Posts: 473
Also, constantly evaluating you 'evolving' man hour rate when you grow in business? I would change that to this. Establish an hourly budget breakdown, and work within that budget, every month generate a profit and loss sheet, if you are factoring your overhead too high, well then reduce it, chances are you overhead is going to stay about the same PER EMPLOYEE. When your adding volume your either having to pay OVERTIME or hire another employee which adds expenses, my advice on this topic is to create an overhead budget for each employee and work within it. Also when you grow in volume you will eventually need a supervisor for those employees to maintain quality control.

This guy had some good points, here is my guide on hourly rates and learning about your business, probably will find a little more useful.
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