How to Estimate the Cost of Starting a Business from Scratch

Posted by Caron_Beesley under Finance
From https://www.sba.gov 2933 days ago
Made Hot by: MarketWiz on January 28, 2015 1:39 pm

How much is it going to cost you to start the business you’ve dreamed of?

In 2009, the Kauffmann Foundation estimated that the average start-up cost was approximately $30,000. The truth is that no business is the same and many micro-businesses can get started for as little as $3,000 or less.

Here are some simple tips for calculating your start-up costs.

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Comments

Written by Caron_Beesley
2930 days ago

Small world!! Yes, but minimally, it's a billing/payment challenge at the best of times!

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Written by lyceum
2930 days ago

Caron: What are the challenges with international billing / payments?

No "cheque in the mail"?! ;)

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Written by Caron_Beesley
2930 days ago

I'm in the U.S., started my business in the Washington DC metro area, now in Raleigh, North Carolina. Kept my clients, all virtual!

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Written by lyceum
2930 days ago

Caron: Thanks for the information! I have a friend located in the Carolinas. Do you have international clients too?

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Written by Caron_Beesley
2930 days ago

I run a home-based marketing communications business. My costs are inherently low. So I only needed to equip my business (laptop, home office, web site, biz registration, etc.).

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Written by lyceum
2930 days ago

Caron: Thanks for the information! Where are you located?

Every business I have started, except for a café combined with a business center, have been

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Written by Caron_Beesley
2930 days ago

Less than $3k!

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Written by lyceum
2930 days ago

Caron: Yes, I saw that you wrote that in the article. Did it cost you less than $3000 to start your company? What kind of company did you start?

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Written by lyceum
2931 days ago

How much did it cost to start your company?

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