What commonly overlooked expenses need to be taken into consideration when starting your own business?
The MOST common STARTUP expenses that are either forgotten or don’t have enough money in the budget for is:
5 AREAS YOU MUST BUDGET FOR IN YOUR STARTUP
- Ongoing costs after you start it to continue operating
- Enough money in reserves to fail a little while you are figuring this out.
- MARKETING is the Achilles heel of most founders and where they try to skimp and save money.
- IMAGE- If you look like a low-end company you will attract low end customers.
- Making the MVP hire. The one person who if you hire and bring on the team moves the company forward at the speed you can’t by yourself.