Here's how to identify your labor costs.

Many small business owners don't know how much their overhead is costing per billable hour. Others struggle to get a reliable labor cost formula. The result? Business owners are unsure if their bid is correct. Figuring out your exact costs per hour of work will help you price your products and services accurately. Which begs the question: how do you know what the costs are for any given amount of work and get confident with your bids and prices? Watch today's video to find your answer.