Estimate what your business will spend on labor for the first twelve months of operation and develop your Labor Projections Element.
View the Example: Projected Labor Summary
Action
Reach back into the Labor Requirements Worksheet that you calculated in Step 52. If you calculated the time and cost, you need only summarize them for this Element.
You can use the table below in your business plan, or simply show the total labor projection as one line in the cash flow.