Latest / Profit Isn’t an Accident | Contractor Profitability, Cash Flow Management, Job Costing , Business Growth, Small Business Finance

055. Your Employees Are Busy. But Are They Profitable?
Your crews can be slammed all day and still be costing your business money. A full schedule, overtime, and employees running from job to job may look like success, but none of those things tell you whether your labor is actually profitable. In this episode of Profit Isn’t an Accident, Shannon breaks down how contractors should think about labor costs, productive hours, job costing, overtime, gross margin, and the difference between a hard-working team and a profitable team. You’ll learn: • Why hourly wage is not your true labor cost
• How paid hours and productive hours affect profitability
•…
The skinny
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