Understanding Start-Up Costs in Business

Costs incurred after the business has been running for a year

Initial expenses required to start a business

Costs related to employee salaries

Costs for expanding the business

Office rent

Ange out

Rent deposit

Fish fryer

Costs associated with the initial setup of a business

Ongoing expenses required to run the business

Costs for purchasing new equipment

Costs related to employee training

Monthly rent

Salaries of permanent staff

Cost of raw materials

Insurance premiums

Capital costs

Fixed costs

Operating costs

Start-up costs

Start-up costs are ongoing, while running costs are one-time expenses

Start-up costs are one-time expenses, while running costs are ongoing

Start-up costs are variable, while running costs are fixed

Start-up costs are fixed, while running costs are variable

Purchase of a delivery van

Monthly utility bills

Initial inventory purchase

Business registration fees

Increase employee salaries

Use energy-efficient equipment

Expand office space

Hire more staff

Office supplies

Advertising

Hourly Wages

Insurance

Increased profit margins

Reduced cash flow

Improved employee morale

Enhanced customer satisfaction