Spending Planner
Here's what it actually costs
Business start up
Estimated cost:
Actual Cost
£15000
Breakdown
1. Loan: £7500
2. Premises rental: £2100 for first 3 months
3. Stock: £1200
4. Transport: £1500
5. Marketing: £1300
6. Other costs: 1400
Starting up your own business can be exciting, but you need a good business plan to keep you on track.
To calculate your business costs you will need to think about premises rental, stock, transport, marketing and any other costs involved.
Some organisations offer low interest loans starting from £7500 for young entrepreneurs, while there are a number of bodies that offer grants and support for new businesses.