Salary Startup

What are You Willing to Pay?

Costs of doing business.

 Salaries and associated expenses will be the largest expenses your company will encounter. These salaries are based upon the skill set necessary (see Personnel) for you to provide your products or services. If you are a store owner, clerical employees will usually demand the minimum wage. Skilled carpenters and electricians will cost more per hour because you expect a skilled job done. Your business depends upon quality products and services.  (See Business Plan Outline download)

10) Salaries

Will employees be salaried or hourly, full-time or part-time?

   Salaried

   Hourly

  Full-time

  Part-Time

List each salary of your team:

Owner :           

Skilled Employee 

Clerical Employee

Fringe benefits (if any) you will offer:

OutSourcing

As a business manager it is your job to seek out the proper mix of internal functions and those you will outsource to other companies or professionals whose business is encompasses that profession     (accountant, lawyer, market developer) . Keep in mind that your profit, personal profit,  is dependent upon your skill in managing your pricing and your business expenses.

 Managing is more of an art than a science. (See Business Managent)

                                                                                                             RJS