Overhead Recovery Analysis Excel Spreadsheet
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If you can control your labor you ultimately control your profitability, especially in any service-based business involving technicians or mechanics for example, or a consulting type business.
In fact, you can use this tool in any business where selected staff are responsible for generating revenue, for example, a consulting business.
By using this hourly rate calculator it can work out the predetermined hourly rate for your business and give you the methods to set up the recoveries for each individual in the business (who are responsible for generating revenue) regardless of the type of business you are operating.
It will also forecast your expected labor revenue for the next 12 months along with break-even hourly sales.
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