Typically, there are two types of budgets a startup budget and an operational budget.

Startup Budgets:

Operational Budgets: 

 

Startup Budget

Operating Budget

Before launching a new business, you will need to know how much money will it take to start your new business?  To answer the questions you will need to identify initial expenses and then calculate all costs associated with your new venture.  Having to identify all associated cost will help you to convince yourself  and others about the  cost of the following:

  • Identify your true startup expenses
  • Create a breakeven analysis
  • Help to determine the 10% to 20% bank downpayment requirement. 
  • Attract investors
  • Payroll Expense 
  • Cost of Goods
  • Lease and Buildout
  • Secure loans
  • etc
Do you need a Detailed Startup Budget?  

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 Do you need a Five-growth Budget plan?