f. To run your business, you'll spend $50 a month on cloud-based services such as a bill- ing and accounting program, website host- ing, and a class-booking app. g. Your competitors charge $50-$80 per cook- ing class. BOTTOM'S UP Goal: Make sales projections for your new company. What to do: You're planning to launch a small cooking school, aimed at local amateur cooks. You want to work out all the kinks and get a following before finding a permanent location. So initially, you'll rent a fully equipped commercial kitchen at your local commu- nity center, which: Accommodates a maximum of 20 students per two-hour lesson. You can rent no more than 5 times per week, for a maximum of 20 classes per month. 1. Calculate financial projections, given the follow- ing information: a. For the first six months, estimate you'll have 10 students per class on average. b. The fully equipped kitchen costs $50 to rent per class. c. For each class, you spend $100 on food and materials. d. You'll hire one part-time helper per class, costing you $36 per class. e. To attract students, you'll spend $200 per month on marketing (an email newsletter, fi- ers, and demonstrations at farmers' mahrets). f. To run your business, you'll spend $50 a month on cloud-based services such as a bill- ing and accounting program, website host- ing, and a class-booking app. g. Your competitors charge $50-$80 per cook- ing class. BOTTOM'S UP Goal: Make sales projections for your new company. What to do: You're planning to launch a small cooking school, aimed at local amateur cooks. You want to work out all the kinks and get a following before finding a permanent location. So initially, you'll rent a fully equipped commercial kitchen at your local commu- nity center, which: Accommodates a maximum of 20 students per two-hour lesson. You can rent no more than 5 times per week, for a maximum of 20 classes per month. 1. Calculate financial projections, given the follow- ing information: a. For the first six months, estimate you'll have 10 students per class on average. b. The fully equipped kitchen costs $50 to rent per class. c. For each class, you spend $100 on food and materials. d. You'll hire one part-time helper per class, costing you $36 per class. e. To attract students, you'll spend $200 per month on marketing (an email newsletter, fi- ers, and demonstrations at farmers' mahrets)