by Chris Lude, Co-Owner of Denver Concierge.
Sent: Tuesday, June 8, 2004 10:46 AM
To: Chris Lude
I’m not sure I understand your operating forecasts. Why are you hiring employees you do not need throughout the first year?
9 June 2004
Thank you for your interest. The decision to carry, or not, added employees during the start-up phase, involves pivotal tradeoffs. Many companies do not hire employees until they need them during their first year, or ever, because it is so expensive to do so.