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Most businesses underestimate employee costs. Wages are only part of the story. I built an Excel tool that calculates true hourly cost labor burden automatically. Want the FREE workbook? Comment anything below and I’ll send it. 👇 #ExcelForFreelancers #ExcelFinance #LaborCost #ExcelAutomation #FreeExcelTool | Excel For Freelancers
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How to calculate labor cost 👇🏼 Labor Cost per Dish = (Minutes to Make the Dish / 60) x Hourly Wage Here’s an example: 🥗 A basic salad takes ~15 minutes from prep to assembly. 👩‍🍳 Your cook earns $15/hour. That means you’re paying $3.75 in labor before food cost is even added. This is why judging dishes by food cost alone is a trap. A “cheap” menu item with heavy prep can actually be one of your least profitable. Smart operators track prime cost: Prime Cost = Food Cost Labor Cost If you want
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If your car’s running costs are a mystery… Excel’s about to solve it. 🕵️‍♂️ Track fuel, maintenance, and mileage automatically — no app, no subscriptions. 💬 Drop a comment and I’ll send you the free workbook! #ExcelForBusiness #ExpenseTracking #ExcelAutomation #fblifestyle | Excel For Freelancers
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