Labor I: The Immediate & Long-Term Impact of Labor Costs on Your Business
Teija Heikkilä, Laura Laaman & Jake Romero
Labor costs are increasing rapidly, causing pet care facilities to struggle with profitability and value more than ever before. This session is the first of a three-part series focusing solely on this one critical expense: How to Measure, Control, and Reduce Payroll. Part 1 provides key performance indicators for labor expense and its impact on the immediate profitability of your business as well as its long-term value. We’ll examine different business models by providing real life examples while helping you analyze your own business. Part 1 sets the stage for the rest of this timely series and is a highly recommended if you plan to attend Parts 2 and 3.