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How can I calculate the start up cost for a business?

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Question added by Siham Amer , Financial Analyst , Noor Al Hikmah Group
Date Posted: 2018/10/23
SHAHID MASIH
by SHAHID MASIH , Comptometer Operator , any compnay

  1. Calculate your business startup costs before you launch. The key to a successful business is preparation. ...
  2. Identify your startup expenses. ...
  3. Estimate how much your expenses will cost. ...
  4. Add up your expenses for a full financial picture. ...
  5. Use your startup cost calculations to get startup funding

Oscar Jr Alisen
by Oscar Jr Alisen , Senior Accountant , OVERSEAS MARINE LOGISTICS LLC

Here are the steps

1 - Identify your startup expenses

2 - Make an estimate of your expenses

3 - Sum up all of your expenses as a summary of the proposed fund

4 - Review and make a report of your expected startup costs

Mohsen Essari
by Mohsen Essari , مهندس في الإقتصاد الزراعي , ديوان اﻷراضي الدولية

Pour estimer le coût de démarrage d'une entreprise, il faut avoir:

-des coûts de démarrage: il s'agit des coûts engagés avant le début du plan.

-des actifs de démarrage: des liquidités

-des financements de démarrage: ils comprennent les investissements en capital et des prêts.

Kevin McGrath
by Kevin McGrath , Operations Director , Elegancia Fit-out

A good business plan will highlight all the costs associated with starting your business. It should include detailed cash flow forcasts which will allow you to strip out the items solely associated with the start up. When calculating the start up cost you may want to consider all costs up the point when you start to get a return.

Noreen Mudassir
by Noreen Mudassir , Cost Accounting Manager , EKL

It depends on nature of business how much such cost would be.Any how

In Cost & Management Accounting scenario----- Startup Cost is the fixed cost required before to run a routine business.To run a routine business the cost  incurred directly is variable cost (in manufacturing concerns termed as manufacturing cost).

In Financial Aspect------Startup cost is the preliminary expenses incurred to run a business

Examples;Mark up on loan taken

Heavy Advertisement at introduction of new product in maeket.

Depreciation on non current assets,,,,,,etc

Joel Ayroso
by Joel Ayroso , Project Sr. Cost Budget Manager/Consultant , Saudi Aramco-SMP (EPCM)

I think it would be better to hire me, instead of asking questions that are related for your business. Now, if ever before your going to hire me I will explain and discuss with you what would I suppose to do in your busiess as far my explaination and discussion with you are concern. Its inproper that your going to ask through social media quesions pertaining in your business. Now, if you want to be sure try to talk to a person either by phone or by Messenger video/call.  So that you have an idea what you really need in your business Industries, thank you.

Attached my CV/Resume for your reference and if you want lets talk and discuss this things further.

Best regards,

Joel Espinosa Ayroso

 

 

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