This is costs you must take into consideration when you open up a new small business
Lawyer
Accountant
License fee
Funiture and fixture
Interior and Exterior decoration
Property
Inventory (first stock)
Tools and machines
Few month salaries
Few month overhead cost (electricity, water, and phone)
Cash reserve
Marketing and Advertising
Make sure every thing is LOW COST.
This means stuff you buy is cheap compare to its value. It may be a small number in dollar, but it also can big in number. Just make sure you get a good price for every thing you buy.
Success is on your way…
Sunday, September 2, 2007
Start Up Cost
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