Hey Mutton,
B Andrew was part time on a very modest salary. He was Secretary, Financial Director and Accountant. He was there a couple of days a week and was paid accordingly. He has been replaced by a Financial Director ( 1 ) PLUS a Mananagement Accountant (2) plus a new Accounts person (3)
That in my maths is less ONE half timer PLUS THREE more heads. We are paying 3 full time against one part time. Probably around $200,000 more.
How many people are needed to run a little company with no income. A few OUTGOINGS per month and you have it. Pay the rent once a month, the power, the gas in the kitchen, a couple of creditors, wages weekly and monthly, payroll tax once a month, BAS quarterly, forty hours a month max.
Again misdirection of cash. So bloody simple. Imagine every single dollar was your very own cash, would you let this go on when you could either redirect it to better use or acrue it for better sales, manufacturing and marketing.
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