Decide your business.

[Southie]

Re: Decide your business.

My comments in CAPS below. PS. I need a consultant to show me how to embed comments within original text in a clearly identifiable manner.

@Chicken_Biryani

Here’s my take. I would start up a recruitment business. Following would be the dynamics:

• Location: Would pay rented room space in admin centers ( where they have common administrative and office space and meeting room + bigger stationary like printers , fax machines etc ) Monthly rent should cost me about £300 per month.
  Location Cost for a year: £3600

• Create a small CRM database , will cost £200 WHAT IS CRM?

• Hire a consultant : £25000 annual salary WHY NOT HIRE THEM FULL TIME. IS IT CAUSE U DONT WANTING TO PAY HEALTH CARE COSTS ETC.

• Phone / other misc costs per month £300 per month . Total cost = £3600

• Get a website for £100 plus a minimal service charge that is added in the misc cost above.

• Job posting and advertisement budget: £4000 yearly packages on various websites + free sources

-------------------------------------------- Total cost: £36500

Operation and balance sheet:
Client relationship management per month = 18 meetings per consultant ( two in this case, myself and the hired person)
Jobs accepted = Minimum 15 per month
Job completion cycle= one and a half month.

Main area of operation Finance and Law
Fees target per month: £5000 per month per consultant WHY WOULD CONSULTANT AGREE TO 25 SALARY IF HE IS PULLING IN 60Kfees

Yearly profit expected : £120,000 * Two consultants . On the safer side , say a minimum of £100,000 + £10K from original investment if not used.
Break even should occur at 4-6 months time.

Total cost of job postings on