Labor Costs - Critical to Profitable



Within the business, we would never want to get at the minimum level of anything. We never want to have just the minimum amount of money to pay our bills. Nor do we want to provide our customers with the minimum amount of customer service. We don’t work this hard as to only have or provide the minimum. We as Success Minded business owners know what it all takes to run a business. Nobody would like to run their business at critical mass, which means the minimum amount of something required to start or maintain a venture.

Critical Mass is crucial in your BLC. It stands for Burdened Labor Costing (BLC) which can be defines as the sum of your direct labor, taxes, benefits, vehicle costs and an adjusted percentage of your indirect labor and overhead costs associated with a specific department and individual. In more simple terms, it tells what does an employee cost you every hour of every day!

Read the blog "Labor Costs - Critical to Profitable" and know how BLC affects your business.

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