Bare Bones Start Up Costs

Posted by LAC1214 | business start ups, home business | Friday 27 February 2009 2:03 am

When you start-up your own business, there are a ton of things you ‘ll need to spend money on, but its surprising how many of them can be put off for at least a little while.  Sadly, some you have to pay from the get go.

  • A computer. If you’re operating an online business, you’re going to have to have a computer. It is a business risk to invest in a new computer when you don’t know if you’ll succeed or not, so if without a business you’d never have a computer, consider leasing on. The write offs are better.  Go for a desktop- they’re cheaper and don’t skimp on the high speed connection.

  • If you’re business is online, you’ll certainly need a url, some form of ecommerce software or if you’re working with a different type of template and/or you have a little more online skill you’ll also need an html editor like Dreamweaver.  You’ll need a hosting service as well.

  • Finally, you’ll need to be sure to register your business, get a retail sales tax license if you’ll be selling online and set up a bank account

Yes, there are other things that you’ll need of course, but if you want to start a small business, get used to watching those pennies from day one.  It’s a skill that will serve you well.