Assess start-up Requirements

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Assess start-up Requirements

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Presentation transcript:

Assess start-up Requirements Section 2.11

Start-up Cost Categories Cost of Sales -Product inventory, raw materials, manufacturing equipment, shipping, packaging, shipping insurance, warehousing.

Start –up Cost Categories Professional Fees – Setting up legal aspects for your business. (i.e. trademark, copyrights, patents, partnerships agreements) Theses may require lawyers and accountants

Start-up Costs Categories Technology costs – computer hardware and software, cellphones, printers, internet, IT support.

Start-up Cost Categories (cont.) Administrative Costs – Office supplies, rent, utilities, business insurance, desks, chairs, phones, and copiers.

Start-up Cost Categories Sales and marketing costs – Stationery, advertising, mailings, tradeshow fees, public relations, and sponsorships.

Start-up Cost Categories Wages and benefits - Employee salaries, payroll taxes, benefits, workers compensation.

Handout: At What Costs?