MYTH: “Labor costs are just part of doing business—not much I can really control there.”
FACT: If you’re not tracking labor costs, you’re leaving money on the table.
💸 Here’s the reality:
✅ Labor is usually your biggest expense—ignoring it means missing where your profit goes
✅ Tracking hours by project tells you what’s actually making you money (and what’s draining it)
✅ Knowing your labor costs helps you price jobs right and stay competitive
✅ You’ll catch overtime creep, inefficiencies, and staffing gaps before they crush your margins
Tracking labor isn’t about micromanaging—it’s about running a smarter business.
👉 Quick poll: Do you currently track labor costs by project?
Drop a YES or NO in the comments!
Want simple systems that keep your labor costs in check without adding stress? Let’s talk.
📩 Visit 🌐 www.acconcepts.info or send us a message!
#SmallBusiness #LaborCosts #AccountingTips #ProfitFirst #MythBuster
Poimen Chris 