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{
  "oncost_multiplier": 1.1545,
  "loaded_wage_l2": 52.28,
  "loaded_wage_l3": 58.43,
  "gross_margin_hr": 21.3,
  "gross_margin_pct": 29.0,
  "contribution_owner_admin": 21.3,
  "contribution_paid_admin": 6.7,
  "one_off_core": [
    9109.8,
    10790.8,
    12785.8
  ],
  "one_off_sc": [
    3673.2,
    3673.2,
    3673.2
  ],
  "monthly_fixed": [
    601.5,
    847.33,
    1438.17
  ],
  "breakeven_hrs_owner_admin": 39.8,
  "breakeven_hrs_paid_admin": 126.5,
  "breakeven_hrs_employed_manager": 411.4,
  "manager_salary_pa": 95000.0,
  "working_capital_at_300h": 7318.61,
  "working_capital_at_300h_30day": 15682.73,
  "runway_6mo_core_no_draw": 15874.78,
  "runway_6mo_core_draw6k": 51874.78,
  "runway_6mo_sc_no_draw": 8757.18,
  "base_rows": [
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      "month": 1,
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      "cumulative_cash": -11638.13
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    {
      "month": 2,
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      "cumulative_cash": -12485.46
    },
    {
      "month": 3,
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      "cumulative_cash": -13332.79
    },
    {
      "month": 4,
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      "revenue": 2943.2,
      "direct_wages": 2091.03,
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      "fixed_costs": 847.33,
      "owner_draw": 0.0,
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      "cumulative_cash": -13327.95
    },
    {
      "month": 5,
      "billable_hours": 80,
      "revenue": 5886.4,
      "direct_wages": 4182.06,
      "paid_admin": 0.0,
      "contribution": 1704.34,
      "fixed_costs": 847.33,
      "owner_draw": 0.0,
      "net_cash": 857.01,
      "cumulative_cash": -12470.94
    },
    {
      "month": 6,
      "billable_hours": 130,
      "revenue": 9565.4,
      "direct_wages": 6795.85,
      "paid_admin": 0.0,
      "contribution": 2769.55,
      "fixed_costs": 847.33,
      "owner_draw": 0.0,
      "net_cash": 1922.22,
      "cumulative_cash": -10548.72
    },
    {
      "month": 7,
      "billable_hours": 180,
      "revenue": 13244.4,
      "direct_wages": 9409.64,
      "paid_admin": 0.0,
      "contribution": 3834.76,
      "fixed_costs": 847.33,
      "owner_draw": 0.0,
      "net_cash": 2987.43,
      "cumulative_cash": -7561.29
    },
    {
      "month": 8,
      "billable_hours": 230,
      "revenue": 16923.4,
      "direct_wages": 12023.42,
      "paid_admin": 0.0,
      "contribution": 4899.98,
      "fixed_costs": 847.33,
      "owner_draw": 0.0,
      "net_cash": 4052.65,
      "cumulative_cash": -3508.64
    },
    {
      "month": 9,
      "billable_hours": 280,
      "revenue": 20602.4,
      "direct_wages": 14637.21,
      "paid_admin": 0.0,
      "contribution": 5965.19,
      "fixed_costs": 847.33,
      "owner_draw": 0.0,
      "net_cash": 5117.86,
      "cumulative_cash": 1609.22
    },
    {
      "month": 10,
      "billable_hours": 320,
      "revenue": 23545.6,
      "direct_wages": 16728.24,
      "paid_admin": 0.0,
      "contribution": 6817.36,
      "fixed_costs": 847.33,
      "owner_draw": 0.0,
      "net_cash": 5970.03,
      "cumulative_cash": 7579.24
    },
    {
      "month": 11,
      "billable_hours": 350,
      "revenue": 25753.0,
      "direct_wages": 18296.52,
      "paid_admin": 0.0,
      "contribution": 7456.48,
      "fixed_costs": 847.33,
      "owner_draw": 0.0,
      "net_cash": 6609.15,
      "cumulative_cash": 14188.4
    },
    {
      "month": 12,
      "billable_hours": 380,
      "revenue": 27960.4,
      "direct_wages": 19864.79,
      "paid_admin": 0.0,
      "contribution": 8095.61,
      "fixed_costs": 847.33,
      "owner_draw": 0.0,
      "net_cash": 7248.28,
      "cumulative_cash": 21436.68
    }
  ],
  "base_worst": -13332.79,
  "base_month_positive": 9,
  "slow_rows": [
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      "month": 1,
      "billable_hours": 0,
      "revenue": 0.0,
      "direct_wages": 0.0,
      "paid_admin": 0.0,
      "contribution": 0.0,
      "fixed_costs": 847.33,
      "owner_draw": 0.0,
      "net_cash": -847.33,
      "cumulative_cash": -11638.13
    },
    {
      "month": 2,
      "billable_hours": 0,
      "revenue": 0.0,
      "direct_wages": 0.0,
      "paid_admin": 0.0,
      "contribution": 0.0,
      "fixed_costs": 847.33,
      "owner_draw": 0.0,
      "net_cash": -847.33,
      "cumulative_cash": -12485.46
    },
    {
      "month": 3,
      "billable_hours": 0,
      "revenue": 0.0,
      "direct_wages": 0.0,
      "paid_admin": 0.0,
      "contribution": 0.0,
      "fixed_costs": 847.33,
      "owner_draw": 0.0,
      "net_cash": -847.33,
      "cumulative_cash": -13332.79
    },
    {
      "month": 4,
      "billable_hours": 0,
      "revenue": 0.0,
      "direct_wages": 0.0,
      "paid_admin": 0.0,
      "contribution": 0.0,
      "fixed_costs": 847.33,
      "owner_draw": 0.0,
      "net_cash": -847.33,
      "cumulative_cash": -14180.12
    },
    {
      "month": 5,
      "billable_hours": 0,
      "revenue": 0.0,
      "direct_wages": 0.0,
      "paid_admin": 0.0,
      "contribution": 0.0,
      "fixed_costs": 847.33,
      "owner_draw": 0.0,
      "net_cash": -847.33,
      "cumulative_cash": -15027.45
    },
    {
      "month": 6,
      "billable_hours": 0,
      "revenue": 0.0,
      "direct_wages": 0.0,
      "paid_admin": 0.0,
      "contribution": 0.0,
      "fixed_costs": 847.33,
      "owner_draw": 0.0,
      "net_cash": -847.33,
      "cumulative_cash": -15874.78
    },
    {
      "month": 7,
      "billable_hours": 30,
      "revenue": 2207.4,
      "direct_wages": 1568.27,
      "paid_admin": 0.0,
      "contribution": 639.13,
      "fixed_costs": 847.33,
      "owner_draw": 0.0,
      "net_cash": -208.2,
      "cumulative_cash": -16082.98
    },
    {
      "month": 8,
      "billable_hours": 70,
      "revenue": 5150.6,
      "direct_wages": 3659.3,
      "paid_admin": 0.0,
      "contribution": 1491.3,
      "fixed_costs": 847.33,
      "owner_draw": 0.0,
      "net_cash": 643.97,
      "cumulative_cash": -15439.02
    },
    {
      "month": 9,
      "billable_hours": 110,
      "revenue": 8093.8,
      "direct_wages": 5750.33,
      "paid_admin": 0.0,
      "contribution": 2343.47,
      "fixed_costs": 847.33,
      "owner_draw": 0.0,
      "net_cash": 1496.14,
      "cumulative_cash": -13942.88
    },
    {
      "month": 10,
      "billable_hours": 150,
      "revenue": 11037.0,
      "direct_wages": 7841.36,
      "paid_admin": 0.0,
      "contribution": 3195.64,
      "fixed_costs": 847.33,
      "owner_draw": 0.0,
      "net_cash": 2348.31,
      "cumulative_cash": -11594.57
    },
    {
      "month": 11,
      "billable_hours": 190,
      "revenue": 13980.2,
      "direct_wages": 9932.39,
      "paid_admin": 0.0,
      "contribution": 4047.81,
      "fixed_costs": 847.33,
      "owner_draw": 0.0,
      "net_cash": 3200.48,
      "cumulative_cash": -8394.1
    },
    {
      "month": 12,
      "billable_hours": 230,
      "revenue": 16923.4,
      "direct_wages": 12023.42,
      "paid_admin": 0.0,
      "contribution": 4899.98,
      "fixed_costs": 847.33,
      "owner_draw": 0.0,
      "net_cash": 4052.65,
      "cumulative_cash": -4341.45
    }
  ],
  "slow_worst": -16082.98,
  "slow_month_positive": null,
  "paid_rows": [
    {
      "month": 1,
      "billable_hours": 0,
      "revenue": 0.0,
      "direct_wages": 0.0,
      "paid_admin": 0.0,
      "contribution": 0.0,
      "fixed_costs": 847.33,
      "owner_draw": 0.0,
      "net_cash": -847.33,
      "cumulative_cash": -11638.13
    },
    {
      "month": 2,
      "billable_hours": 0,
      "revenue": 0.0,
      "direct_wages": 0.0,
      "paid_admin": 0.0,
      "contribution": 0.0,
      "fixed_costs": 847.33,
      "owner_draw": 0.0,
      "net_cash": -847.33,
      "cumulative_cash": -12485.46
    },
    {
      "month": 3,
      "billable_hours": 0,
      "revenue": 0.0,
      "direct_wages": 0.0,
      "paid_admin": 0.0,
      "contribution": 0.0,
      "fixed_costs": 847.33,
      "owner_draw": 0.0,
      "net_cash": -847.33,
      "cumulative_cash": -13332.79
    },
    {
      "month": 4,
      "billable_hours": 40,
      "revenue": 2943.2,
      "direct_wages": 2091.03,
      "paid_admin": 584.29,
      "contribution": 267.88,
      "fixed_costs": 847.33,
      "owner_draw": 0.0,
      "net_cash": -579.45,
      "cumulative_cash": -13912.24
    },
    {
      "month": 5,
      "billable_hours": 80,
      "revenue": 5886.4,
      "direct_wages": 4182.06,
      "paid_admin": 1168.58,
      "contribution": 535.75,
      "fixed_costs": 847.33,
      "owner_draw": 0.0,
      "net_cash": -311.58,
      "cumulative_cash": -14223.82
    },
    {
      "month": 6,
      "billable_hours": 130,
      "revenue": 9565.4,
      "direct_wages": 6795.85,
      "paid_admin": 1898.95,
      "contribution": 870.6,
      "fixed_costs": 847.33,
      "owner_draw": 0.0,
      "net_cash": 23.27,
      "cumulative_cash": -14200.55
    },
    {
      "month": 7,
      "billable_hours": 180,
      "revenue": 13244.4,
      "direct_wages": 9409.64,
      "paid_admin": 2629.32,
      "contribution": 1205.45,
      "fixed_costs": 847.33,
      "owner_draw": 0.0,
      "net_cash": 358.12,
      "cumulative_cash": -13842.43
    },
    {
      "month": 8,
      "billable_hours": 230,
      "revenue": 16923.4,
      "direct_wages": 12023.42,
      "paid_admin": 3359.68,
      "contribution": 1540.29,
      "fixed_costs": 847.33,
      "owner_draw": 0.0,
      "net_cash": 692.96,
      "cumulative_cash": -13149.47
    },
    {
      "month": 9,
      "billable_hours": 280,
      "revenue": 20602.4,
      "direct_wages": 14637.21,
      "paid_admin": 4090.05,
      "contribution": 1875.14,
      "fixed_costs": 847.33,
      "owner_draw": 0.0,
      "net_cash": 1027.81,
      "cumulative_cash": -12121.66
    },
    {
      "month": 10,
      "billable_hours": 320,
      "revenue": 23545.6,
      "direct_wages": 16728.24,
      "paid_admin": 4674.34,
      "contribution": 2143.02,
      "fixed_costs": 847.33,
      "owner_draw": 0.0,
      "net_cash": 1295.69,
      "cumulative_cash": -10825.97
    },
    {
      "month": 11,
      "billable_hours": 350,
      "revenue": 25753.0,
      "direct_wages": 18296.52,
      "paid_admin": 5112.56,
      "contribution": 2343.93,
      "fixed_costs": 847.33,
      "owner_draw": 0.0,
      "net_cash": 1496.6,
      "cumulative_cash": -9329.37
    },
    {
      "month": 12,
      "billable_hours": 380,
      "revenue": 27960.4,
      "direct_wages": 19864.79,
      "paid_admin": 5550.78,
      "contribution": 2544.83,
      "fixed_costs": 847.33,
      "owner_draw": 0.0,
      "net_cash": 1697.5,
      "cumulative_cash": -7631.87
    }
  ],
  "paid_worst": -14223.82,
  "paid_month_positive": null,
  "sc": {
    "billable_hours_per_week": 20.9,
    "billable_hours_per_month": 90.6,
    "revenue_per_month": 9069.35,
    "fixed_per_month": 847.33,
    "net_per_month": 8222.02,
    "net_per_year": 98664.19,
    "breakeven_hours_per_month": 8.5
  },
  "sc_sens": [
    [
      0.25,
      41.2,
      4122.43,
      39301.2
    ],
    [
      0.35,
      57.6,
      5771.4,
      59088.86
    ],
    [
      0.45,
      74.1,
      7420.37,
      78876.53
    ],
    [
      0.55,
      90.6,
      9069.35,
      98664.19
    ],
    [
      0.65,
      107.0,
      10718.32,
      118451.86
    ],
    [
      0.75,
      123.5,
      12367.29,
      138239.52
    ]
  ],
  "margin_sens": [
    [
      "Base case, all inputs as sourced",
      21.3,
      ""
    ],
    [
      "ASM-002 wrong: workers sit at SACS Level 3, not Level 2",
      15.15,
      "Margin falls 29%"
    ],
    [
      "ASM-004 wrong: WorkCover industry rate is 3.0%, not the 1.8% state average",
      20.76,
      "Margin falls 3%"
    ],
    [
      "ASM-003 wrong: the business crosses the payroll tax threshold",
      19.11,
      "Margin falls 10%"
    ],
    [
      "Administration is paid rather than done by the owner (ASM-008 at 0.25 hr)",
      6.7,
      "Margin falls 69%"
    ],
    [
      "Administration is paid and runs at 0.40 hr per billable hour",
      -2.07,
      "Margin falls 110%"
    ]
  ],
  "hours_for_60k_draw": 274.0,
  "hours_for_60k_draw_paid_admin": 873.0,
  "base_cum": [
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    -12485.46,
    -13332.79,
    -13327.95,
    -12470.94,
    -10548.72,
    -7561.29,
    -3508.64,
    1609.22,
    7579.24,
    14188.4,
    21436.68
  ],
  "slow_cum": [
    -11638.13,
    -12485.46,
    -13332.79,
    -14180.12,
    -15027.45,
    -15874.78,
    -16082.98,
    -15439.02,
    -13942.88,
    -11594.57,
    -8394.1,
    -4341.45
  ],
  "paid_cum": [
    -11638.13,
    -12485.46,
    -13332.79,
    -13912.24,
    -14223.82,
    -14200.55,
    -13842.43,
    -13149.47,
    -12121.66,
    -10825.97,
    -9329.37,
    -7631.87
  ],
  "base_final": 21436.68,
  "slow_final": -4341.45,
  "paid_final": -7631.87,
  "agedcare": {
    "loaded_wage_l2": 49.68,
    "loaded_wage_l3": 52.29,
    "gross_margin_hr": 53.43,
    "gross_margin_pct": 51.8,
    "ndis_gross_margin_hr": 21.3,
    "hours_per_client_week": 5.04,
    "hours_top_classification_week": 13.11,
    "hours_bottom_classification_week": 1.8,
    "ac_client_paid_admin": {
      "budget_per_year": 30000,
      "revenue_per_month": 2500.0,
      "care_management_revenue": 250.0,
      "service_revenue": 2250.0,
      "billable_hours_per_month": 21.82,
      "billable_hours_per_week": 5.04,
      "direct_labour": 1084.04,
      "service_contribution": 1165.96,
      "care_management_cost": 87.64,
      "service_admin_cost": 318.75,
      "bad_debt_allowance": 7.5,
      "contribution_per_client_month": 1002.06
    },
    "ac_client_owner_admin": {
      "budget_per_year": 30000,
      "revenue_per_month": 2500.0,
      "care_management_revenue": 250.0,
      "service_revenue": 2250.0,
      "billable_hours_per_month": 21.82,
      "billable_hours_per_week": 5.04,
      "direct_labour": 1084.04,
      "service_contribution": 1165.96,
      "care_management_cost": 0.0,
      "service_admin_cost": 0.0,
      "bad_debt_allowance": 7.5,
      "contribution_per_client_month": 1408.46
    },
    "ndis_client_paid_admin": {
      "revenue_per_month": 4782.7,
      "billable_hours_per_month": 65.0,
      "billable_hours_per_week": 15.0,
      "direct_labour": 3397.92,
      "care_management_revenue": 0.0,
      "service_admin_cost": 949.48,
      "contribution_per_client_month": 435.3
    },
    "ndis_client_owner_admin": {
      "revenue_per_month": 4782.7,
      "billable_hours_per_month": 65.0,
      "billable_hours_per_week": 15.0,
      "direct_labour": 3397.92,
      "care_management_revenue": 0.0,
      "service_admin_cost": 0.0,
      "contribution_per_client_month": 1384.78
    },
    "contribution_ratio_paid_admin": 2.3,
    "one_off": [
      10557.8,
      11157.8,
      12957.8
    ],
    "monthly_fixed": [
      651.5,
      993.17,
      1738.17
    ],
    "breakeven_clients_paid_admin": 1.0,
    "breakeven_clients_owner_admin": 0.7,
    "working_capital": 4173.2,
    "runway_6mo_no_draw": 17116.82,
    "runway_6mo_draw6k": 53116.82,
    "budget_sensitivity": [
      [
        10731,
        1.8,
        894.25,
        302.14
      ],
      [
        20000,
        3.36,
        1666.67,
        638.83
      ],
      [
        30000,
        5.04,
        2500.0,
        1002.06
      ],
      [
        45000,
        7.55,
        3750.0,
        1546.91
      ],
      [
        60000,
        10.07,
        5000.0,
        2091.76
      ],
      [
        78106,
        13.11,
        6508.83,
        2749.44
      ]
    ],
    "structure": {
      "ndis_fixed_month": 847.33,
      "agedcare_fixed_month": 993.17,
      "two_entities_fixed_month": 1840.5,
      "one_entity_fixed_month": 1234.0,
      "monthly_cost_of_separation": 606.5,
      "annual_cost_of_separation": 7278.0,
      "two_entities_oneoff": 21948.6,
      "one_entity_oneoff": 21204.6,
      "oneoff_cost_of_separation": 744,
      "three_year_cost_of_separation": 22578.0
    }
  },
  "structure": {
    "ndis_fixed_month": 847.33,
    "agedcare_fixed_month": 993.17,
    "two_entities_fixed_month": 1840.5,
    "one_entity_fixed_month": 1234.0,
    "monthly_cost_of_separation": 606.5,
    "annual_cost_of_separation": 7278.0,
    "two_entities_oneoff": 21948.6,
    "one_entity_oneoff": 21204.6,
    "oneoff_cost_of_separation": 744,
    "three_year_cost_of_separation": 22578.0
  },
  "trade": {
    "weights_record": "02_Work/scratch/T3_trade_study_weights.md (weights timestamped 2026-09-07T06:22:16Z, before any option was scored)",
    "criteria": [
      {
        "key": "capital",
        "label": "Capital at risk before first revenue",
        "weight": 0.25
      },
      {
        "key": "contrib",
        "label": "Contribution per client per month",
        "weight": 0.25
      },
      {
        "key": "time",
        "label": "Time to first revenue",
        "weight": 0.2
      },
      {
        "key": "stability",
        "label": "Regulatory stability over three years",
        "weight": 0.15
      },
      {
        "key": "owner",
        "label": "Independence from the owner's own hours",
        "weight": 0.15
      }
    ],
    "ranking": [
      {
        "option": "A",
        "label": "Aged care entity first; NDIS entity registers in parallel and takes clients second",
        "score": 3.7
      },
      {
        "option": "C",
        "label": "Support coordination only; no support workforce, no aged care",
        "score": 3.55
      },
      {
        "option": "D",
        "label": "Do not start; remain employed",
        "score": 3.2
      },
      {
        "option": "B",
        "label": "NDIS entity first (core supports); aged care second",
        "score": 2.45
      }
    ],
    "margin": 0.15,
    "flips": [
      {
        "criterion": "Capital at risk before first revenue",
        "weight_now": 0.25,
        "flips_at": 0.31,
        "hands_it_to": "C",
        "new_score": 3.61
      },
      {
        "criterion": "Contribution per client per month",
        "weight_now": 0.25,
        "flips_at": null,
        "hands_it_to": null,
        "new_score": null
      },
      {
        "criterion": "Time to first revenue",
        "weight_now": 0.2,
        "flips_at": 0.28,
        "hands_it_to": "C",
        "new_score": 3.63
      },
      {
        "criterion": "Regulatory stability over three years",
        "weight_now": 0.15,
        "flips_at": 0.23,
        "hands_it_to": "D",
        "new_score": 3.52
      },
      {
        "criterion": "Independence from the owner's own hours",
        "weight_now": 0.15,
        "flips_at": 0.26,
        "hands_it_to": "D",
        "new_score": 3.64
      }
    ]
  },
  "combined": {
    "one_off": 21948.6,
    "fixed_month": 1840.5,
    "runway_6mo": 32991.6,
    "working_capital_low": 11491.81,
    "working_capital_high": 19855.93,
    "total_capital_low": 44483.41,
    "total_capital_high": 52847.53
  }
}