B plan - additional payment - Outline Example

Expenses incurred on Petrol have been reduced to €40 per week based on a revised plan to focus on basic services. i.e. design and management building services engineering projects. Smaller projects will be sub-contracted to fellow engineers that cover Leninster, Connaught and North Munster. This will reduce travel time in conducting surveys on properties beyond a distance of 30 miles from the home office. The car is also being reconfigured to run on diesel, which is a cheaper alternative. There will be no expenses on advertising during year 1.

The firm will continue to use word of mouth and tap into the existing customer base. Further, expenses on training and development are expected to reduce to €10 per week after the completion of the Masters degree in May 2011 by availing skills net funding wherever possible. Based on these revised estimates, expenses are expected to reduce by up to €77 per week. I request you to examine the enclosed spreadsheet for further information on specific revisions in all key areas. I would also like to emphasize that these estimates were solely revised to reflect more realistic projections and have not been made to reflect better profits on