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Our biggest savings of the year
Studio67
Management Summary
Andrew has great experience managing personnel and we are quite confident of his ability to find the best staff possible. Our chef, Mario Langostino, is already on board and has a published cookbook that will add prestige to the restaurant immediately. We will be looking to find a young, ultra-hip staff to make sure we add the edge that makes Studio67 so trendy.
Personnel Plan
As the personnel plan shows, we expect to invest in a good team, fairly compensated. We think the planned staff is in good proportion to the size of the restaurant and projected revenues.
| Personnel Plan | |||
| Year 1 | Year 2 | Year 3 | |
| Manager | $60,000 | $65,000 | $70,000 |
| Hostess | $42,000 | $45,000 | $50,000 |
| Chef | $54,000 | $60,000 | $65,000 |
| Cleaning | $30,000 | $35,000 | $40,000 |
| Waiters | $72,000 | $100,000 | $130,000 |
| Other | $24,000 | $52,000 | $55,000 |
| Total People | 8 | 10 | 12 |
| Total Payroll | $282,000 | $357,000 | $410,000 |