The #1 metric to track to improve profitability in your business

[@jasonenglish4581]

Bingo. i'm a electrical contractor and i have been calculating in my draw as a percentage into my jobs. i believe that rights.

[@evelynechristie7181]

I read Greg's book. He mentioned in the book that subcontractors are included in the COGS. Direct labor is on a separate line below gross profit. Gross profit minus direct labor is the contribution margin. In your video, you said subcontractors are direct labor. Can you please explain?

[@zekk9]

This helped a lot! Thanks Worked out my LER is 3 😅

[@dr.carolineware]

How is this number different for e-commerce based businesses? Or do you do a different calculation? Thank you so much for your videos. You're a blessing.

[@AromaRetail]

Thank you so much for this video! I ran a manufacturing/retail business, so we do not provide services but products to our customers. Any available advice for me, and this type of business?

[@ClaraCFO]

Have you run this calculation? If your COGS are accounted for properly, this calculation should still be valuable.

[@AromaRetail]

I have, thank you. @@ClaraCFO

[@naveenkgeorge2000]

Great Video...Could you please do a video on headcount planning and profit profitability(Software company)

[@ClaraCFO]

Will take that into consideration!

[@naveenkgeorge2000]

Sorry mispelled it's Project profitability

[@VDO259]

Thank you so much!