Money Issues
A Variety of Advice on Calculating Start-up Costs
In an ideal world, you try to find out in advance how much it will cost to launch and run your business - you need to know how much money to have on hand and whether or when you'll run out!
Several articles talk about how to do this. While we go into details and offer spreadsheets in our online course (check it out!), you may find it useful to look at these articles that will give you an overview and some practical examples.
Nerdwallet: https://www.nerdwallet.com/article/small-business/business-startup-costs - goes over categories and makes a bunch of suggestions
Chase Bank: https://www.chase.com/business/knowledge-center/start/determine-startup-costs
BPlans: https://articles.bplans.com/estimating-realistic-start-up-costs/ - describes two different methods for creating a cost spreadsheet
Forbes: https://www.forbes.com/advisor/business-loans/business-startup-costs/ - gives typical costs across a variety of industries if you want a ballpark idea