RE: Considering my options
August 30, 2017 at 12:09 pm
(This post was last modified: August 30, 2017 at 12:12 pm by The Grand Nudger.)
You only need as many chairs as you have employees...though, right? Maybe a few extra for expansion or any process that somebody has to sit and wait for and an employee can use the time to serve another customer...but.....there has to be some solid number that you base this on?
So, some amount of space x is required per chair, x amount of chairs required per employee, x number of prospective employees, equals total required space (not counting common areas/office,facilities).
Right? I can't see how else you'd quantify whether or not a building was too big or too small to service your 2-300k loan over 2 years. Too big, and it's wasted capital outlay (which, importantly, would be better used covering for loss or shortfalls), too small, and it won't be enough to pay down the principle.
So, some amount of space x is required per chair, x amount of chairs required per employee, x number of prospective employees, equals total required space (not counting common areas/office,facilities).
Right? I can't see how else you'd quantify whether or not a building was too big or too small to service your 2-300k loan over 2 years. Too big, and it's wasted capital outlay (which, importantly, would be better used covering for loss or shortfalls), too small, and it won't be enough to pay down the principle.
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