Borrow My Tools
Management Summary
Josh Taylor received his undergraduate degree in small business management from the University of California. Following his schooling, Josh worked for seven years for a contractor. Then he worked at a local tool rental facility and within two years he advanced to the manager’s position.
Personnel Plan
The following people/positions will be needed for Borrow My Tools:
- Josh: Will play the manager position, but will also be doing a little bit of everything.
- Sales: There will be a total of three sales assistants.
- Accounting/bookkeeper: This is a part-time position.
- Service technicians: There will be two technicians who are responsible for the maintenance and preparation of the various tools.
| Personnel Plan | |||
| Year 1 | Year 2 | Year 3 | |
| Josh | $20,000 | $24,000 | $30,000 |
| Sales | $14,400 | $19,200 | $19,200 |
| Sales | $11,200 | $19,200 | $19,200 |
| Bookkeeper | $9,000 | $12,000 | $12,000 |
| Service | $16,200 | $21,600 | $21,600 |
| Service | $14,400 | $21,600 | $21,600 |
| Total People | 6 | 6 | 6 |
| Total Payroll | $85,200 | $117,600 | $123,600 |
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