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Assess start-up RequirementsSection 2.11
Start-up Cost CategoriesCost of Sales -Product inventory, raw materials, manufacturing equipment, shipping, packaging, shipping insurance, warehousing.
Start –up Cost CategoriesProfessional Fees – Setting up legal aspects for your business. (i.e. trademark, copyrights, patents, partnerships agreements) Theses may require lawyers and accountants
Start-up Costs CategoriesTechnology costs – computer hardware and software, cellphones, printers, internet, IT support.
Start-up Cost Categories (cont.)Administrative Costs – Office supplies, rent, utilities, business insurance, desks, chairs, phones, and copiers.
Start-up Cost CategoriesSales and marketing costs – Stationery, advertising, mailings, tradeshow fees, public relations, and sponsorships.
Start-up Cost CategoriesWages and benefits - Employee salaries, payroll taxes, benefits, workers compensation.
Handout: At What Costs?
Used to Procure Goods & Supplies. Office supplies Operating supplies Computer hardware and software (non- capitalized
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