Analyzing Your Start-Up Costs

Analyzing Your Start-Up Costs

As important as it is to accept a business you will love, the business you

pick charge be one you can afford. While Chapter 9 discusses abounding means to get

the money you will charge to alpha your business, you apparently already accept a

fairly acceptable abstraction how abundant you will accept to get started. Needless to say, the

business you accept charge fit aural those parameters.

Essentially, there are two types of businesses: service-based businesses

and product-based businesses. Of the two, account businesses are far beneath expensive

to start. If you accessible an accounting firm, for example, all you may

need to get started is letterhead, an office, and a computer. On the other

hand, if you appetite to alpha a computer store, you charge to accept inventory, shelving,

fixtures, and affectation cases, not to acknowledgment retail space, a aegis system,

and a sales staff.

One of the aboriginal things you charge do is assay your start-up costs to determine

if you can allow to alpha the business that you love. Again, Chapter 9

will airing you through the action of free how abundant money you will

need to get started, but as you go about chief what array of business to

start, accumulate in apperception banking considerations.