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That's assuming he's taking money for a full year… In reality, he's not paying the employees a year's salary upfront, so at this point all he really needs to h
by SeoxyS 16y ago
That's assuming he's taking money for a full year…
In reality, he's not paying the employees a year's salary upfront, so at this point all he really needs to have in cash is the first couple months' salary.
Imagine that he's going off 6 months, at which point he would reassess the financial situation (whether he needs to raise more money, lay off, or is now making enough profits to pay for the team.)
Just a thought…