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Cost Benefit Analysis Part-1 Select your desired model of practise Select which way you wish to establish your business or career: Working alone, full-time, as

Cost Benefit Analysis

Part-1 Select your desired model of practise

Select which way you wish to establish your business or career:

  1. Working alone, full-time, as a sole practitioner.
  2. Working with a partner or multiple partners.
  3. Join an existing firm or established practice.
  4. Other - explain.

Using the table below, clearly outline your potential expenses for each of the following subjects. You may customize this list (add or delete topics) based on your chosen method of work. Use additional rows if necessary:

  • Legal incorporation and yearly fees related to incorporation
  • Professional/legal fees
  • Office costs (rent, office supplies, computer, other equipment, furniture, etc.)
  • Advertising or other marketing fees (describe in detail the type of marketing platforms you plan to use)
  • Website costs (design, set-up, web server hosting)
  • Communication costs
  • Human resources fees
  • Insurance
  • Business licensing fees
  • CICC fees and E & O insurance
  • CPD fees
  • Medical/dental coverage
  • Transportation
  • Utilities
  • Bank fees
  • Taxes
  • Meals & Entertainment
  • Interest
  • Membership & Subscriptions
  • Delivery
  • Books & Conferences
  • Other operating fees (accounting, cleaning, etc.)

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