In the Personnel Expense Budget Section include the salaries for the following: o Office Personnel o Store Personnel o Sales People o Other personnel necessary in the operations. Ideally, you budget expenses for a quarter in the personnel expense budget. This is for the first three months of operations where you are not expecting profits to come in as yet. You may have receivables during the first few months of operations but they may need to be earmarked for other operating expenses and thus your budget needs to be sufficient for the first quarter. Even if you are budgeting for the year and is already in full operations budgeting for three months is still a good rule of thumb. If you are already comfortable with your budgeting and timing of receivables, only then can you budget two months for personnel expense budget.
Navigating around tables in Word 2007 is easy. You may move from cell to cell by using the tab key. You may want to apply formatting changes to one or more cells. To choose a particular table cell, simply move your mouse to it and click on the cell. Word will highlight it and insert your cursor. You may select multiple adjacent cells in a table by clicking and dragging the mouse over the tables you want to select.