It's Not a Plan Until the Numbers Add Up: StartupModels.com - A Guide to Building Financial Models For Business Using finmodel4.xls by Michael Colwell

It's Not a Plan Until the Numbers Add Up: StartupModels.com - A Guide to Building Financial Models For Business Using finmodel4.xls by Michael Colwell

Author:Michael Colwell [Colwell, Michael]
Language: eng
Format: mobi
Published: 2011-08-07T04:00:00+00:00


The right portion of the entry area for the salaried employees is below. Note that the third employee listed (CSR) is actually a hiring plan for two employees. By setting the “Number of Employees in this position” to a value of 2, the plan will account for two persons.

The next example is for hourly employees. The first employee listed below (Administrator) is paid $12 per hour, hired in October of 2011, and has a raise planned each year of $.50 per hour in October. The second employee listed is paid $8.00 per hour, hired in May of 2012, and will receive an annual raise of $.50 per hour in May.



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