Mike AndesFounder, Augusta Lawn Care and Homeworks · Founder of Homeworks and Augusta Lawn Care

Don't let your labor cost get 50% of your gross revenue!

14 Mar 2024 · 0 min

Watch on YouTube

0:17

Short YouTube clip (Mike Andes) warning that when direct labor consumes more than 50% of gross revenue, companies typically cannot be profitable. He attributes this to two main causes: prices that are too low, and inefficient field labor that takes too long to complete jobs.

More from Mike

1:26

New Calendar, Now Easier to Search and Read | Homeworks Update

1d ago

1:08:33

Successful Owners Are Hardcore About Focus

1d ago

54:06

DAY 11 (pt 2) of Building a $1M Business in 1 Yr

2d ago

0:27

Not a one take wonder…

2d ago

1:43

Week 3: Building a $1M Biz in 1 Yr

3d ago

18:04

What It's REALLY Like Being Married to an Entrepreneur

3d ago

47:50

Is a $50K Expo Booth Worth It After 4 Years Away?

3d ago

58:54

DAY 11 of Building a $1M Business in 1 Yr

4d ago

34:17

DAY 10 of Building a $1M Business in 1 Yr

5d ago

9:13

We're Finally Building the HQ We Needed 5 Years Ago

5d ago

0:56

I’m Leaving in 6 Months

6d ago

See all content