Best track to go underwater start a Business? I want to start a small business in pastries, how should I
List adjectives the equipment you are going to need, from chairs to computers, to phones and buildings, provide a cost for respectively.
List all the expenses to start the business, example, incorporate fees, license fees, Insurance, utilities, attorney, purchase a sign, office supplies, marketing materials, ect. provide a cost for respectively.
Then total everything. The total is the amount that you will need to start a business.
Example:
Expenses
File an LLC - $1500
Licenses- $855
Rent for 3 mths & Deposit - $5500
Equipment
computers $2500
phone & fax $300
desk, chairs, file cabinet - $3500
Inventory $10,000
**Total Cost of starting my business $24,155**
Investment from me - $2,000
Investment from partner - $2,000
Left to finance (loan amount)- $20,155
Also, call on your library. You will be amaze at all the information specifically available. And, get free conseling through Score. www.rack up.gov
Answers: work at a pastry place for 1 year and swot up as much as you can, then you will know.
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