Discussion

As you learned in this module, leadership and the hiring of employees is critical to small business success. You must calculate your company’s staffing requirements and determine how many employees you will need to start your business. First, what are their job titles and basic job descriptions? Second, estimate the number of employees you will need at startup during the first year, during the second year, and during the third year. Third and last, estimate the cost of these employees for all three years including any benefits you will offer. All of this information must be included in your business plan, either the written or the financial component. The financial component is included in the Excel spreadsheet you should have completed.