Good evening,
I am currently working on building out a revenue model that takes into account new salespeople being hired, along with their quotas, productivity ramp up (time it takes for them to achieve increasing percentages of their quota), and how this all feeds into increased monthly recurring revenue.
My question for you all: how might I go building into the model that every $90K (or some summed revenue criteria) increase in total revenue triggers the hiring of a new salesperson?
I'm new to forums and it's been a long day so this probably isn't the best explanation, but any help is greatly appreciated.
Thank you!
I am currently working on building out a revenue model that takes into account new salespeople being hired, along with their quotas, productivity ramp up (time it takes for them to achieve increasing percentages of their quota), and how this all feeds into increased monthly recurring revenue.
My question for you all: how might I go building into the model that every $90K (or some summed revenue criteria) increase in total revenue triggers the hiring of a new salesperson?
I'm new to forums and it's been a long day so this probably isn't the best explanation, but any help is greatly appreciated.
Thank you!