how did you figure out your shops effective labor rate? We pay a base hourly wage also but without the sliding scale, witch is something I would also like to know how you do because it sound like a good idea. But I need to know what my effective labor rate is first and I don’t know how to figure that out.
I am new to the forum and new to being a shop owner. I am wondering what total expense percentage is and how do I calculate it? I really need all the help I can get on these maters because the shop I worked for 15 years I took over about 2 years ago and I have found out the hard way was not run professionaly at all and I’m trying to figure this stuff out on my own. Thank you for any help you can give.
Jame Bond
(no that’s not a joke that is my real name)
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