How do you figure out labor cost? Divide labor costs by total operating costs. For instance, if labor costs $9,000 per month and total operating costs are $15,000, divide $9,000 by $15,000 to get 0.

Nothing eats into a quick-service restaurant’s profits faster than labor and food expenses, each accounting for up to 33 ...

GCShutter / Getty Images The cost of doing business includes any expense related to running a company. One of the major expenses that companies have is labor, which some experts suggest can be ...

Skilled labor is a broad category that includes all ... This assertion is largely anecdotal and does not take compensation or opportunity cost into account, so it should be taken with a grain ...

What is a person’s labor worth? What about their skills developed ... In a world where a 2x4 costs what it costs (and price increases are readily accepted), shortchanging workers is too often ...