Business calculators

Startup Budget Calculator

Startup Cost Calculator is an essential tool for entrepreneurs. It quickly and easily, calculates the start up costs for a new business. This valuable tool takes the guesswork out of starting a new business, and can help entrepreneurs make informed decisions about their business ventures.

Understanding Startup Cost 

What is startup cost? 

Startup costs refer to the expenses incurred by a business in the process of setting up and launching operations. These costs are typically one-time expenses incurred before a business begins generating revenue.  Startup expenses can include 

  • Legal fees 
  • Equipment
  • Supply purchases
  • Marketing and advertising expenses
  • Employee training and salaries 
  • Office or facility rental

Entrepreneurs and small business owners should consider business startup costs when developing a business plan and seeking funding. These costs can have a significant impact on the financial viability of a new business. 

Start-up costs are also known as pre-operating costs, pre-opening costs or pre-launch costs.

What is the startup cost formula? 

Calculating startup costs involves adding one-time expenses such as logo design, machinery, and equipment purchases. Plus, ongoing costs like office supplies, website hosting, business insurance, and employee salaries. The basic formula looks like this. 

Startup Costs = One-time expenses + Ongoing costs

You should estimate ongoing costs based on their annual cost. An easy way to do this is by taking monthly expenses and multiplying it by 12. 

Be as accurate as you can when addition your startup expenses. That way you can create a detailed and accurate business plan and explore startup funding options. 

Need payroll? You’re in the right place.

Choose from a variety of plans and add-ons. You won’t pay a cent until you’re ready to run payroll.

Common startup cost questions

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