Worksheet Templates. Monday , April 02nd , 2018 - 12:53:39 PM
Extra Smart Partners has received an RFP from the City of Metropolis to kick off a new bridge over the Eastern River. The ESP engineers and project managers have estimated the necessary materials and manpower to build the bridge. Now its Daves job to estimate the profitability of the project so ESP can submit its proposal to Metropolis.
Next, he enters his labor costs into the cash flow worksheet broken down by engineering, iron workers, marine services, etc. He includes an estimates of hiring employees or subcontracting the work, and benefits, insurance, and other costs. These expenses are timed out according to the project phase. He adds costs of fees, permits, training, additional studies, delays, etc. to the plan.
By identifying these things early you avoid unnecessary financial setbacks or the accumulation of debt - the things that inhibit the growth of your retirement savings. The type of broad perspective of your finances that retirement software gives will give you the upper hand when planning for your future. That is something that everyone needs.