Organizational PlanOur product is BATHROOM HAIR KEEPER and our Company Name is HEALTHY BATH COMPANYand we Need the following:Quantify Labor requirements. (Detail how many employeesyourbusiness will need at each stage and what they will cost.)Design a Recruitment policy. (Describe exactly howyour business's human resources needs can be met.) Identify employment status. )Will it be best to have employeesorshould you operate with contract workers or freelancers?Doyouneed full-time or part-time staff or a mix of both? )Outline your staffing requirements,( including a descriptionofthespecific skills that the people working for you will needtohave.)Calculate your labor costs. (Decide the number of employeesyouwill need and how many customers each employeecanserve.Forexample, if it takes one employee to serve 150 customers, andyouforecast 1500 customers in your first year, your businesswill need10 employees.)Determine how much salary each employee will receive, andtotal the cost of salary for all your employees. Add to this the cost of Workers' Compensation Insurance(mandatory for most businesses) and the cost of anyotheremployee benefits, such as company-sponsoredmedical anddental plans.

Main important points to design organizational plan is 1) The association, or how your business is…

Answered: we Need the following: Quantify Labor…

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

Section: Chapter Questions

Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...

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Organizational Plan

Our product is BATHROOM HAIR KEEPER and our Company Name is HEALTHY BATH COMPANY

and we Need the following:

Quantify Labor requirements. (Detail how many employeesyourbusiness will need at each stage and what they will cost.)
Design a Recruitment policy. (Describe exactly howyour business's human resources needs can be met.)
Identify employment status. )Will it be best to have employeesorshould you operate with contract workers or freelancers?Doyouneed full-time or part-time staff or a mix of both? )
Outline your staffing requirements,( including a descriptionofthespecific skills that the people working for you will needtohave.)
Calculate your labor costs. (Decide the number of employeesyouwill need and how many customers each employeecanserve.Forexample, if it takes one employee to serve 150 customers, andyouforecast 1500 customers in your first year, your businesswill need10 employees.)
Determine how much salary each employee will receive, andtotal the cost of salary for all your employees.
Add to this the cost of Workers' Compensation Insurance(mandatory for most businesses) and the cost of anyotheremployee benefits, such as company-sponsoredmedical anddental plans.