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Describe how you plan to use the startup requirements in detail providing a start-up budget which includes all initial capital expenditures, build-out and start-up expenses.
Describe how you plan to use the startup requirements in detail providing a start-up budget which includes all initial capital expenditures, build-out and start-up expenses. The details must be realistic and well researched. Data that does not make sense will cost you points. The data is provided -
in Five hundred words -
START-UP COSTS | Cost ($) | EQUIPMENT/CAPITAL COSTS | Cost ($) |
Registrations | Business purchase price | $0 | |
Business name | $24 | Franchise fees | $0 |
Licences | $24 | Start-up capital | $75,770 |
Permits | $200 | Plant & equipment | |
Domain names annually | $15 | Vehicles | $23,750 |
Trade marks/designs/patents | $275 | Computer hardware/Software | $42,543 |
Vehicle registration | $592 | Office 365 | $1,032 |
Tax Registration | $24 | Internet Presence Web Application | $11,000 |
Membership fees | $0 | Oracle | $27,000 |
Accountant fees : Per hour | $150 | Intuit | $175 |
Solicitor fees : Per hour | $150 | Printer | $85 |
Rental lease cost (Rent advance/deposit) | $8,920 | Router | $99 |
Utility connections & bonds (Electricity, gas, water) | $0 | Phones/fax Monthly | $135 |
Phone/Internet connection - One time fee | $500 | Security system Monthly | $250 |
Computer software | $42,543 | ||
Training | $0 | Office Furniture | |
Wages | $16,461 | Chairs | $500 |
Stock/raw materials | Table | $125 | |
Insurance | |||
Building & contents | $250 | ||
Vehicle | $900 | ||
Public liability | $500 | ||
Professional indemnity coverage up to 1 Million | $350 | ||
Product liability | $250 | ||
Workers compensation | $500 | ||
Business assets Ins Monthly | $750 | ||
Business revenue Ins Monthly | $750 | ||
Printing - 500 Brochures | $41 | ||
Stationery & office supplies | $1,100 | ||
Marketing & advertising | $501 | ||
Total start-up costs | $75,770 | Total equipment/capital costs | $182,464 |
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