Identify Start-up Costs

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• Have you identified the start-up costs?


• What item or items need to be purchased?


• Have you researched the source of supply and price?


• Have you factored in the need working capital


• How many months will it take for the business to generate sufficient revenue to pay its monthly expenses.


• What expenses will need to be paid should sales revenue be insuffient during the start up phase


• Have you factored in the need for reserves?