Staff | Are you planning to employ any staff in the business other than yourself? If so, provide full details in this section. Include what the role will be, what month the role needs to be filled, how many hours per week they will work or if it is full time, and how much they will be paid. Role/Job Title per month/week or FT Cost Month Start (1 12) – What will the job title be or what will the How many hours per month will the What will monthly salary, or average What month in year 1 will they start functions be? employee work if part time? Or state if full monthly cost, be? This should include assuming the month you receive the loan – time. employer’s national insurance and any is month 0. other employer’s costs. If they will be paid by the hour please include the hourly rate as well. Salary of £35k/year, total cost of General Manager Full-Time £38,710 including employer’s Month 1 National Insurance Part time employees will get £10/hour and full time employees 1 full time to start in Month 1, 1 2 x part-time working will be paid a salary of £20k to part time to start in month 3, and Sales Assistant x 4 approximately 20 hours/week, 2 x £25k depending on experience. an additional full time and part FT. Including employer’s NI this will time to start in Month 6 cost up to £27,330 per FT sales assistant.
Staff | Are you planning to employ any staff in the business other than yourself? If so, provide full details in this section. Include what the role will be, what month the role needs to be filled, how many hours per week they will work or if it is full time, and how much they will be paid. Role/Job Title What will the job title be or what will the functions be? per month/week or FT How many hours per month will the employee work if part time? Or state if full time. Cost What will monthly salary, or average monthly cost, be? – This should include employer’s national insurance and any other employer’s costs. If they will be paid by the hour please include the hourly rate as well. Month Start (1 – 12) What month in year 1 will they start assuming the month you receive the loan is month 0. General Manager Full-Time Salary of £35k/year, total cost of £38,710 including employer’s National Insurance Month 1 Sales Assistant x 4 2 x part-time working approximately 20 hours/week, 2 x FT. Part time employees will get £10/hour and full time employees will be paid a salary of £20k to £25k depending on experience. Including employer’s NI this will cost up to £27,330 per FT sales assistant. 1 full time to start in Month 1, 1 part time to start in month 3, and an additional full time and part time to start in Month 6
virgin_startup_business_plan_for_insert_name_of_business_name.docx