BUMP! When I was in business we did a detailed payroll projection for next month, next quarter and for the year.
Putting this into a spread sheet made it fairly simple to play “what if” games. What if I give Joe a 10% raise? How much additional revenue will it take to bring on four more people? We have new contracts that total 105K/year. How many more people can we hire on that? Etc.
Based on what we see in this article, if Mr. Hibbs has made a profit every year since 1989, it has been by accident. He is indeed lucky.
I’m a business major and we had the same financial analysis project back at Stanford. The libtard professor unbelievably, was making up numbers to make liberalism sound good. Our group had to simplify an Excel sheet with Powerpoint just to make him look stupid.