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.
Key card envelopes are a popular envelope for storing any credit card sized item, from a hotel key entry card, to a gift card, or even an employee ID. These small envelopes are slightly larger than a credit card, and have what is called a double thumb_cut, or a slot at one end where you can pull the card out. While most of these envelopes are used for hotel keys (hence the name), there are many other applications for key card envelopes.