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Hardwood Floor Refinisher Business Plan

Wooderful Floors

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Management Summary

Wooderful Floors has been founded and will be lead by Logan Madison. Logan received his Bachelor of Arts degree from Allegheny College. He worked for a general contractor performing wood floor refinishing for seven years before starting Wooderful Floors.

7.1 Personnel Plan

Logan will be the primary employee. He will use QuickBooks Pro for accounting and invoicing. For large jobs Logan will employ an additional laborer.

Personnel Plan
Year 1 Year 2 Year 3
Logan £24,000 £25,000 £30,000
Additional employee £4,200 £833 £1,000
Total People 2 2 2
Total Payroll £28,200 £25,833 £31,000
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Personnel Plan
Year 1 Year 2 Year 3
Logan £24,000 £25,000 £30,000
Additional employee £4,200 £833 £1,000
Total People 2 2 2
Total Payroll £28,200 £25,833 £31,000