18 min listen
Moving Companies' Biggest Expense... Labor
Moving Companies' Biggest Expense... Labor
ratings:
Length:
11 minutes
Released:
Aug 31, 2021
Format:
Podcast episode
Description
In this episode of The Moving Mastery Podcast, Louis Massaro shares how you can increase profits by managing your labor expenses. You’ll learn: Why you must start tracking your payroll percentages now What you can do to keep your crews from getting burnt out How to identify things like high overtime, theft, people working off the clock, etc. in your company Your labor percentage is directly tied to the amount of money you're charging for your moves, and the amount of money that you're paying to your movers. And if you don't get this number under control… Well, let’s just say, companies can go out of business because of this. Or, you may end up in what may be an even worse situation. When you put in years and years of hard work and being in this business, but you’re stuck not making the profits that you should. In this episode of the Moving Mastery Podcast, Louis Massaro shares how to look at your payroll percentage and start tracking it to see where you're at. This will help you identify all kinds of things; high overtime, theft, people working off the clock, etc. He also discusses monitoring your overtime and how to keep your crews from getting burnt out. Start looking at your labor expenses and you'll see for yourself, week after week, how it all plays out. You can be more profitable and you can get your labor percentage under control. Listen to Moving Companies' Biggest Expense... Labor now! Go and download the last few episodes too! Subscribe to Louis’s YouTube channel for more tips on growing your moving company. Get free on-demand video training on how to book more moves and learn The 6 Stages of a Moving Company Sales Machine. Go to www.LouisMassaro.com/6stages Follow Louis on Instagram for daily tips and motivation. www.Instagram.com/LouisMassaro ABOUT Louis Massaro is the world’s leading moving business trainer and success coach. He’s the founder and CEO of Moving Mastery, a training, coaching, and education company dedicated to helping moving company owners, managers and employees reach higher levels of success in their business. Through his coaching programs, online training and live seminars he’s helped hundreds of people unlock their full potential by giving them the strategies and systems to take their moving business to the next level. Louis opened his first moving company at 19 years old with two rental trucks and after overcoming many challenges and struggles, he went on to build a $20 million a year business. His company, Neighbors Moving & Storage had locations nationwide performing local moves, long-distance moves as well as storage. After 16 years of success in the moving business, Louis sold his companies and is dedicated to helping others “Profit in Their Business and Thrive in Their Life”.
Released:
Aug 31, 2021
Format:
Podcast episode
Titles in the series (77)
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