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How to calculate your set up costs

 

How much will you need to get started?

When you’re looking to start up your own business, one of the most important costs you’ll need to accurately calculate is your cost of starting up. These outlays are what you'll need to consider before you can begin focusing on sales. These items are what you’ll need to consider buying before you can begin focusing on sales.

Equipment and assets

Enter the dollar value of equipment, office equipment and any fittings you may need. Next to this table you can enter the expected life span of each of these assets before they’ll need to be replaced.

Other 'one off' costs

Some of these costs may not be applicable to your business, in which case just fill in the dollar values of the costs you will have to pay. These may include initial stock, licence fees, stationery and insurance.

Next steps

The calculate your set up cost template will help you calculate your total capital costs for your business.

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