Research to determine what is a suitable compensation range for possible OC

Research to determine what is a suitable compensation

This preview shows page 120 - 122 out of 127 pages.

Research to determine what is a suitable compensation range for possible OC Mixmasters’ bartenders. o Visit bar sites and find what are reasonable wages for various tasks/jobs. o Research various salaries and wages from independent bar keepers and small business owners to help the client in the separation of income. Provide recommendations on the use of subcontractors and when to consider hiring employees. VI. Planning for use of Funds As Classic Gentleman grows, they will need to properly allocate funds when deciding on new purchases. In order for investors to understand the necessity and benefits of these assets, a detailed plan for the use of the funds will need to be provided. To help in the development/improvement of this pain point, Team member Jacqueline Terrones will have the following completed by the time of presentation: Research cost-effective ways to provide: uniforms, marketing services, etc. Do a cost analysis of buying a van/portable bar. Compare the cost of hiring an intern/bookkeeper versus contracting with a bookkeeping firm for accounting services. Putting together a milestone plan with a clearly laid out cost for what is required to grow the business. Define necessary assets to purchase to better appeal to investors. Your assistance in facilitating access to the above material and information is appreciated. We hope to be able to gather the information needed to perform the analysis in the next four weeks so that we have sufficient time to conduct the analysis and devise recommendations to help alleviate the marketing challenge. 119
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We will visit your business a minimum of six (6) times during the coming weeks to work on the above outline. At the end of our academic term, you will receive a written final report that will be discussed with you during our final presentation. Your fee for this student consulting engagement has been waived by the California State University Fullerton’s Small Business Institute. Please note that you will receive an invoice to confirm this arrangement. The information you provide us concerning your venture will be held in the strictest confidence. Please note that the views and opinions we share with you will not be the official position of California State University Fullerton or the Small Business Institute. They will be our own, based on discussions, observations, investigations, and analysis of your venture's operations and environment. It is our hope you will find our recommendations valuable, both now and in the future. We have identified Cesar Naranjo as your primary contact; he can be reached via email at [email protected] or by phone at (559) 331-5250. We thank you in advance for this wonderful opportunity to expand our education in a real-life scenario; we fully anticipate that you will find this endeavor to be both interesting and profitable.
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  • Spring '17
  • Trisha Miller
  • Accounting software, Comparison of accounting software, Classic Gentleman

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