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Cost of Sales -Product inventory, raw materials, manufacturing equipment, shipping, packaging, shipping insurance, warehousing.
Professional Fees – Setting up legal aspects for your business. (i.e. trademark, copyrights, patents, partnerships agreements) Theses may require lawyers and accountants
Technology costs – computer hardware and software, cellphones, printers, internet, IT support.
Administrative Costs – Office supplies, rent, utilities, business insurance, desks, chairs, phones, and copiers.
Sales and marketing costs – Stationery, advertising, mailings, tradeshow fees, public relations, and sponsorships.
Wages and benefits - Employee salaries, payroll taxes, benefits, workers compensation.
Section Cost of Sales -Product inventory, raw materials, manufacturing equipment, shipping, packaging, shipping insurance, warehousing.
The costs of operating a business are often called overhead expenses.
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