Reverse Engineer Payroll

For most business owners, payroll is the biggest (and most controllable) expense

It’s also the hardest one to change sometimes.

Here is the exact process I use to keep payroll within budget:

This works running a $50M/year operation

It also works with the $2M to $5M/year businesses that I’m partnered on.

Let’s say I have a location doing $20,000 in revenue per week at 30% payroll

$20k x 30% = $6k/week wages with 6 employees

But the target is 25% payroll

I’ve got three paths forward: