Baked Bean Period

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To help you estimate what you need to set aside to cover your baked bean period, you need a pen, a pad and a hot drink. Just list out the fixed costs you cannot avoid each month (mortgage, kids, heating, lights, Porsche Service costs...) & consider if you think that you will be an average Recruiter, an above average Recruiter or an unlucky Recruiter – in other words, will your Perm placements take 3 months to happen (i.e. the SSG average) or will your Temps be quicker than 3 weeks to generate GP? Don’t be optimistic or pessimistic, just brutally honest with yourself. Once you know how much you need in your fighting fund, you now need to solve that Money Puzzle!

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