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Calculate your start-up cost The guidelines used Buy Email List here are focused on a home based business that may not have some of the typical expenses of a business operated outside the home. Calculating your start-up cost will certainly assist Buy Email List you in deciding how you will finance your business. Start-up expenses- examples- business cards, flyers, promotional expenses etc. Assets to be purchased- examples could include- desk, chair, filing Buy Email List cabinet, computer, software licenses.

Ongoing monthly expenses- example website Buy Email List hosting fees, other online fees and charges, subscription services fees, business Buy Email List telephone, advertising expenses, distribution cost etc. Tip - multiply the monthly expenses by six (6 months), since it may take approximately six months to breakeven or realize a profit. Add the figures in to get your Buy Email List total start-up cost Forecast your Revenue To calculate your breakeven revenue.

divide your ongoing monthly expenses by Buy Email List the number of business days to get your daily revenue. Anything in access of that is your profit. S Prepare your Business Plan It is good to prepare your business plan before seeking financing, even if you are self-financing. Your business plan is your road map showing your business vision and how Buy Email List you will get there. The key elements you want to cover in your business plan are as follows: Business Concept- Description, vision and mission, goals and objectives.