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Safe Keeping

Management Summary

Owner, John Walter will oversee and manage all aspects of the operation of Safe Keeping. This includes bookkeeping, overseeing the one employee, and being responsible for the purchase and storage of all video tapes and equipment. John will be the consultant advising businesses and homeowners on security issues.

7.1 Personnel Plan

The personnel plan contains only two people who will work for the company. John Walter the owner of the company will manage every aspect of the company. John’s salary will build as the company grows and John will not draw out more than $4,000 a month.

Joe Norten will be Safe Keeping’s only employee. Joe will work full time and will make $2,000 per month the first year.

Personnel Plan
Year 1 Year 2 Year 3
John Walter $42,000 $50,000 $55,000
Joe Norten, full time employee $24,000 $26,000 $28,000
Total People 2 2 2
Total Payroll $66,000 $76,000 $83,000