ENTREPRENEURSHIP

Detailed explanation-1: -A startup cost is any expense incurred when starting a new business. Startup costs will include equipment, incorporation fees, insurance, taxes, and payroll.

Detailed explanation-2: -Startup costs are also referred to as startup expenses, preliminary expenses, or pre-opening expenses.

Detailed explanation-3: -Start-up costs are amounts the business paid or incurred for creating an active trade or business, or investigating the creation or acquisition of an active trade or business.

Detailed explanation-4: -Operating expenses definition Operating expenses-also known as selling, general and administrative expenses (SG&A)-are the costs of doing business. They include rent and utilities, marketing and advertising, sales and accounting, management and administrative salaries.

Detailed explanation-5: -Professional fees. Insurance. Premises costs. Staffing and employment. Equipment and supplies. Stock. Sales and marketing. Finance. More items