Wheelie Deals
Management Summary
Dan Psycle received a Bachelor of Arts in philosophy from Washington & Jefferson College. After college he worked in a bicycle shop as a mechanic but quickly moved to sales and finally manager all in a span of a year. Dan stayed at the shop for two more additional years, learning all of the nuances of the bicycle industry. By this time, Dan felt he had a comfortable grasp of the bicycle industry and now it was time for more schooling.
Dan moved out to Eugene, OR to pursue a MBA from the University of Oregon. A friend of Dan’s family had a wholesale distribution company for plumbing supplies. Dan spent a week with this company to gain insight into the wholesale distribution industry in hopes of transferring this information into a distribution business for the bicycling industry.
6.1 Personnel Plan
Dan will be a full-time employee. Dan will also hire one administrative person to handle billing, payroll, and etc. Two other full-time employees will be used for taking phone orders. These two employees will assist a fourth employee with order fulfillment.
| Personnel Plan | |||
| Year 1 | Year 2 | Year 3 | |
| Dan | $36,000 | $40,000 | $45,000 |
| Full time administrative | $17,600 | $19,200 | $20,544 |
| Full time sales | $17,600 | $19,200 | $20,544 |
| Full time sales | $17,600 | $19,200 | $20,544 |
| Full time order fullfillment | $17,600 | $19,200 | $20,544 |
| Total People | 5 | 5 | 5 |
| Total Payroll | $106,400 | $116,800 | $127,176 |
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