Small Business Interview: Identifying Startup Costs
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Small Business Interview: Identifying Startup Costs
In this video
In this video
Learn:
- From an interview with guest Nancy as she shares her business start up story and the important things she learned along the way
- About the mindset she had before starting each of her businesses
- How she determined her costs and the techniques she used to build her business plan
- What she did differently after starting her first and second businesses
- About identifying startup costs when starting your business
- About Etched Beauties
- About Women of Combat
- How having a business plan helps to better identify startup costs
- To estimate legal costs
- About estimating the costs of an accountant
- About estimating wholesaler and equipment costs
- About estimating marketing and branding costs
- To determine your profit margin
- Key characteristics of successful entrepreneurs
- A pro tip: document everything in writing