www.rurallifestyledealer.com/articles/11157-q-and-a-series-i-know-my-gross-profit-now-how-much-can-i-pay-my-employees

Q&A Series: “I Know My Gross Profit- Now How Much Can I Pay My Employees?”

July 30, 2024

You have done the work. You know your gross profit and you’re ready to determine each employees pay rate.

Check out the video above for our simple process that keeps cash in your pocket while also paying your employees fairly.

If you need to calculate your gross profit, our calculator is in the Dealer Toolbox, under the Management tab.

Sara Hey

Sara Hey is the President of Business Development and a speaker for Bob Clements Intl. (BCI) She speaks at conferences across the country and the United Kingdom, helping dealers achieve success in their dealership by implementing processes and utilizing their people to their maximum potential. She graduated from North Park University in Chicago, Ill., and has been a contributing writer for BCI for 5 years.

Bob Clements

Bob Clements is president of Bob Clements Intl. Inc. Clements is recognized as the premier management consultant for outdoor power equipment, agriculture and power sports dealerships. Bob Clements Intl. is a training and development company specializing in creating high performance dealerships and organizations. Clements is author of the book, The 8 Greatest Sales Secrets in the World. Over the last 25 years, Clements has worked with thousands of owners, sales people and businesses, giving them the tools they need to achieve personal and financial freedom.