Getting Started
Firstly, you should figure out how much money you’ll need to set up your business. The benefit of calculating this figure is that you’ll be able to compare it to the amount of start-up capital you’ve got saved, and see how much money (if any) you’ll need to borrow to get up and running.
Your set up costs will include things like equipment and fit-out, any registrations and licences, accounting fees and an amount for working capital to cover day-today operations.
Firstly, you should figure out how much money you’ll need to set up your business. The benefit of calculating this figure is that you’ll be able to compare it to the amount of start-up capital you’ve got saved, and see how much money (if any) you’ll need to borrow to get up and running.
Your set up costs will include things like equipment and fit-out, any registrations and licences, accounting fees and an amount for working capital to cover day-today operations.