Use the following assumptions to develop your S-M-A-R-T

  • Use the following assumptions to develop your S-M-A-R-T goals. You must generate revenue to cover 110% of the wages and benefits costs of you and your assistant. Your wages and benefits cost the firm $60,000 annually. You have a part-time assistant who averages 20 hours a week and is paid $15.00 per hour. 75% of your business is generated in January, May, June, July, August, and December. You receive a 10% commission from each of your vendors on all services sold/booked and 20% for goods sold. If you increase productivity by 5%, what is the impact on revenue? Include the definition of productivity in your answer.