Simple Numbers Framework

Labor Efficiency Ratio (LER)

How many dollars of gross profit does your business produce for every dollar spent on labor? That’s what LER tells you — one of the most useful numbers a small business owner can track.

FormulaLER = Gross Profit ÷ Total Labor Cost

What it is

The Labor Efficiency Ratio measures how efficiently your team converts labor spending into gross profit. A result of 2.0 means that for every $1 you spend on labor, your business generates $2 in gross profit.

LER is a core metric in Greg Crabtree’s Simple Numbers, Straight Talk, Big Profits — the methodology Ketchup uses to build every client’s monthly Clarity Report.

How to calculate it

Example calculation
Annual Revenue$480,000
Cost of Goods Sold$190,000
Gross Profit$290,000
Total Labor (employees + owner’s pay)$180,000
LER1.61
TranslationEvery $1 in labor produces $1.61 in gross profit

What’s a good LER?

LERStatusWhat it usually means
Below 1.25Watch outLabor is eating your profit. Something needs to change.
1.25 to 1.75FunctionalCovering costs, but limited margin for error or growth.
Above 2.0StrongRoom to hire, invest, or build meaningful cash reserves.

The part most owners miss

Owner’s pay must be included in labor. If you’re not paying yourself a market-rate salary, your LER is artificially inflated. The number is only useful if it’s honest.

Why it matters more than profit margin (sometimes)

Net profit margin tells you what’s left after everything. LER tells you why it’s there — or why it isn’t. Tracking LER over time surfaces staffing issues, pricing problems, and scope creep faster than a standard P&L will.

See your own LER in your monthly Clarity Report.

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