The following two work sheets will help you to compute your initial cash requirements for your business. They list the things you need to consider when determining your startup costs and include both the one-time initial costs needed to open your doors and the ongoing costs you'll face each month for the first 90 days.
Sure thing! The Memphis Chamber of Commerce or small business development centers are great places to kickstart your search for resources and support.
Get creative! Consider shared office spaces or start from home to cut down. Also, seek out local grants or funding opportunities.
Yes, you bet! A good marketing plan can really get your name out there and shouldn't be overlooked in your budget.
Absolutely! Factor in salaries, benefits, and any training you might need to consider when budgeting.
To get a ballpark figure, check out similar businesses in your area. It helps to chat with local entrepreneurs or even use online resources.
It's a good idea to think about everything from rent and utilities to supplies and marketing. List anything you’d need to get off the ground.
Start by listing out all potential expenses and doing some research on average costs in your area. This might feel like piecing together a puzzle, but it'll give you a clearer picture of what you're up against!