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How to Calculate Start-Up Costs

Got a pen handy? To best estimate your start-up costs, you’ll need to make a list— and the more detailed the better. A smart way to start is to brainstorm everything you’ll need, from tangible goods (such as inventory, equipment and fixtures) to professional services (such as remodeling, advertising and legal work). Then, start calculating how much you’ll need to pay for all those goods and services.

By COLLEEN DEBAISE

Adapted from the upcoming book THE WALL STREET JOURNAL COMPLETE SMALL BUSINESS GUIDEBOOK (Three Rivers Press, Dec. 29, 2009).

Full Story: http://online.wsj.com/article/SB125451683482660349.html?mod=WSJ_hpp_sections_smallbusiness

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