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Massage Tools
Management Summary
We are a small company owned and operated by Ron Tickman, as an LLC. Ron is the developer and designer of the products, and manages the company as president.
Massage Tools Products’ immediate personnel plan calls for increases from one sales representative at present to two representatives three years from now, assuming our product line develops beyond our initial offering. The increase is needed to support the effort to move beyond the massage industry and into the general public market.
Most orders will be sent via fax or online. Consequently, we will continue to outsource fulfillment, shipping and packaging, etc., as well as calls to a local call center.
7.1 Personnel Plan
The president will take a small stiped the first year to enable the company to reinvest the bulk of the profits.
The sales rep will take a base salary generally in line with market pay for the Eugene area, and the remainder of her salary will be derived from a percentage of gross sales.
Personnel Plan | |||
Year 1 | Year 2 | Year 3 | |
Ron Tickman, President & Owner | $1,200 | $2,500 | $2,500 |
Katherine Allen, Sales Rep | $4,500 | $6,500 | $7,500 |
Other | $0 | $0 | $0 |
Total People | 0 | 0 | 0 |
Total Payroll | $5,700 | $9,000 | $10,000 |