The following 4 sections are calculators that you can use to get a sense of what’s going on with your your pricing and costs. Click any of the calculators to begin.
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Get Smart Picking Up Parts – This calculator helps you determine the real cost of picking up parts instead of having them delivered. By factoring in time, fuel, and lost productivity, you can make informed decisions that save money and keep your business running efficiently.
Get Discount Smart – Discounts can be enticing, but are they truly beneficial for your bottom line? Use this calculator to analyze how discounts impact your profit margins. It helps you assess whether offering a discount is a smart financial move or if it’s cutting too deeply into your revenue.
Get Markup Smart – Setting the right markup is key to profitability. This tool allows you to calculate the ideal markup percentage based on your costs, ensuring you maintain healthy profit margins while staying competitive in the market.
Get Labor Smart – Labor costs can quickly add up, but with this calculator, you can break down your expenses to ensure proper pricing. By understanding the true cost of labor, you can set rates that reflect both your expenses and profitability goals.
Explore these powerful tools today and take control of your business finances with confidence. Smart decisions start with the right data—RevSmart’s Resources & Tools page is here to help you every step of the way!
Your "Hourly" rate strategy should be based on several factors to include Loaded Hourly Labor Cost, Hourly Overhead Recovery Rate, Hourly Profit Dollars and Labor Productivity Percentage. The combination of these items will give you a minimum hourly rate for your business based on hard dollar needs and your revenue productivity. |
To use calculator:
Calculator will give you hourly burden labor rate then enter following hourly numbers per revenue producer. below are example numbers. You need to use your own numbers for accurate calculations.If you do not know your numbers, Revsmart can help you get your numbers.
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Enter the average hourly rate: $ Enter Your Hourly Wage Tax Burden: %? |