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Personnel Plan
Year 1
Year 2
Year 3
Year 4
Year 5
Chef
$1,260,000 $1,260,000 $1,512,000 $1,587,600 $1,666,980
Junior Chef
$1,200,000 $1,200,000 $1,440,000 $1,512,000 $1,587,600
Steward
$2,520,000 $2,520,000 $3,024,000 $3,175,200 $3,333,960
Captain
$600,000
$600,000
$720,000
$756,000
$793,800
Bar Tenders
$432,000
$432,000
$518,400
$544,320
$571,536
Manager
$180,000
$180,000
$216,000
$226,800
$238,140
DJ
$420,000
$420,000
$504,000
$529,200
$555,660
Security
$684,000
$684,000
$820,800
$861,840
$904,932
Cleaners
$240,000
$240,000
$288,000
$302,400
$317,520
Total Payroll
$7,536,000 $7,536,000 $9,043,200 $9,495,360 $9,970,128
Start-up Funding
Start-up Expenses to Fund
$595,000
Start-up Assets to Fund
$850,000
Total Funding Required
$1,445,000
Assets
Non-cash Assets from Start-up
$850,000
Cash Requirements from Start-up
$0
Additional Cash Raised
$0
Cash Balance on Starting Date
$0
Total Assets
$850,000
Liabilities and Capital
Liabilities
Current Borrowing
$0
Long-term Liabilities
$0
Accounts Payable (Outstanding Bills)
$0
Other Current Liabilities (interest-free)
$0
Total Liabilities
$0
Capital
Planned Investment
Owner/Investor
$1,445,000
$0
Additional Investment Requirement
$0
Total Planned Investment
$1,445,000
Loss at Start-up (Start-up Expenses)
($595,000)
Total Capital
$850,000
Total Capital and Liabilities
$850,000
Total Funding
$1,445,000
