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Set your upper salary limit by what a particular job is worth to you. Know the market to determine the least you'll pay. Match jobs whose value comes with hours to hourly pay. Match jobs whose value comes in insight or skill to salaried pay.
Take your total salaries/wages expense including benefits, and divide that number by your gross sales (new units, used units, parts, accessories and service), which is usually the first line of your P & L Statement called Sales. Multiply that by 100. Your target percentage should be 9%.
Some consultants recommend shooting for a 15 to 30 percent sales-payroll percentage. Others say as low as 9 percent. What's important isn't the exact percentage. It's how you apply it to improve your bottom line.
What is a good Payroll to Revenue Ratio benchmark? Most businesses will fall between 15% and 30%. According to PwC, manufacturing was at 18%, hospitals at 45% and insurance companies at 9%.
Percentages. According to Second Wind Consultants, if you spend between 15 and 30 percent of your gross revenue on payroll, your business is likely in solid standing. If you are in the service industry, your payroll costs could encompass more than 50 percent of your gross revenue.
I average about $15 per hour PROFIT per employee with a 2-man crew. It varies slightly depending on the day and how dense the route is that day, but about $15 is average for the week after overhead is accounted for.
Attend one professional development event per month. Set up X product demonstrations per week/day. Touch base with each new client at least once a month. Share one article per week. Reduce the amount of time it takes to convert a lead to a customer. Create a collective goal.
Set Objectives Review the number of new customers who bought your product or service in the past year, and decide how much money each customer brought in on average. Then, determine your sales target, explaining where you want sales to be in 12 months. Break down your objectives into monthly or quarterly goals.

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