It is not a paper, it is homework - Case Study Example

For awhile, until more profits roll in you will have to work with a skeleton crew, perhaps just yourselves for now to build up business and your wife should probably maintain her office manager position that is already in tact. According to the will, you were left with $300,000 paid to you in $15,000 increments. Though it is intended for your childrens college, you can decide to use it to to start out your new business. Additionally, you were left with $50,000 for unconditional and immediate use.

It may take awhile for you to build up your finances to support additional staff members since you do not have a large amount of money to buy equipment and such. You may be able to build up additional money, while your wife is at work to buy and sell cars from auction to flip for a profit. This will help you to gain stability while you are working toward a larger overhead to have more staff. Ideally, you will need to work for a year or two and when you feel a bit more stable in your business, your wife can quit her job at the university and be your office manager in your new business.

You will need to take into consideration the median income would be approximately $30,000 to keep in mind as a base salary per person depending on their specific job. You will also need to take into consideration how experienced your other workers are when you consider their salary base. These recommendations fall in line with the original plan because at this point, it is a job that Keena can take over and shift into when the business starts to pick up. She can then start this is a trial process in figuring out what needs are required.

This falls in line with the total compensation plan by offering competitive salary base This falls in line with the original plan and provides the accountant who is educated a competitive base salary and other reasons to stay with the company and will also help you to keep all of your monies in order. This falls in line with the