M5 L1 Costs Associated with Business

Costs Associated with Owning and Operating a Small Business.

Two Types of Costs Associated with Owning and Operating a Small Business ,[object Object],[object Object]

Start-up Costs Associated with Opening a Small Business Expenses that are initially paid to establish a business.

Types of start-up costs ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Factors That Affect Start-up Costs ,[object Object],Small businesses usually do not require as much money/capital to start as big businesses.

Factors That Affect Start-up Costs ,[object Object],[object Object],[object Object],[object Object],[object Object]

Factors that affect start-up costs ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

[object Object],[object Object],[object Object],[object Object],Factors that affect start-up costs

[object Object],[object Object],[object Object],[object Object],Continuing Costs

Fixed Costs ,[object Object],[object Object],[object Object],[object Object],[object Object]

[object Object],[object Object],[object Object],Variable Costs

[object Object],[object Object],[object Object],[object Object],[object Object],Variable Costs

Sample Start-up Costs ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],If you determine that it will be 3 months before you make a profit, you will need to multiply the amount needed by 3 to determine the amount needed for start-up costs.

Ways to Control Costs ,[object Object],[object Object],[object Object],[object Object]

M5 L1 Costs Associated with Business

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M5 L1 Costs Associated with Business