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How Much Will It Cost For Me To Get Into Business?
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Once you have found a possible location, it is possible to answer the following questions.
What is the cost of renovation?
Does this include plumbing, electrical, painting, ceiling and floors?
Yes or No
If not, how much more is needed?
What is the cost of all furniture, fixtures and airconditioning?
How much money is needed to pay initial inventory?
How much is needed to pay insurance?
How much is needed for utility deposits (phone, electricity, etc.)?
How much is needed to purchase all the equipment you need?
What is the cost of installing the equipment?
How much is the freight bill for furniture, supplies and equipment?
What is the cost of signs?
What is the cost of pre-opening advertising?
What is the cost of business cards and stationary?
What is the cost of visiting trade shows prior to opening?
What is the cost of employee training prior to opening?
What is the cost of wages during start up?
How much is the rent deposit?
How much is the rent, electricity and phone during renovation and startup?
How much are pre-opening professional fees?
How much is needed for working capital?
Other?