Start up costing of your business

If you're thinking of starting a business, a start-up costing sheet can help you determine how much money you need to start. It can also help you find the right amount of finance and determine how much money you need to invest from other sources.

How much will it cost to start a business?

Your start-up costing sheet can be prepared well before you start your business and can give you a more realistic idea of what it will cost.

Use the items below as a starting point to create your start-up costing sheet, listing all your current or expected start-up costs with each dollar amount. You will need to research each item to determine the cost for your particular business circumstances.

Once you have all of your items listed, total the amounts under your group headings.

Conducting this activity as part of your business planning process will help give you an idea of how much it will cost to start your business. Not all start up costs listed below will be relevant to your business, as these costs will depend on your business structure and type.

We've also included links to our business topic information to help you understand more about the possible costs listed.

Business start-up cost template

These are examples of different items that may incur a cost when starting your business. Do your research for each to determine the costs for your personal circumstances.

Equipment or capital costs

  • Business purchase price
  • Franchise fees
  • Start-up capital
  • Plant & equipment
  • Vehicles
  • Computer equipment
  • Computer software
  • Phones
  • Fax machine
  • Security system
  • Office equipment
  • Furniture
  • Shop fit-out
  • Total equipment or capital costs (add up all your equipment or capital costs)

Whether you have already started or intending to start you'll need to fill in actual or estimated figures against each cost item. If using estimated costs, you'll need to label them clearly. When preparing a start-up costing sheet, ensure you also clearly state whether your figures are GST inclusive or exclusive.

Download our Start-up costing template to access an alternative version of this template.

See Finance for more information on managing and seeking finance.

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