Cost Management is the biggest challenge to make any startup idea successful. More than 40 percent of startups in India flopped within a year of inception. The main reason for this is that without any startup cost calculations start doing. Source : google.com/image/ Once the list of expenses is ready, their calculations should also be done at the same time. Calculations of expanse included in the list will be done in different ways. Expenses that have fixed costs, They have to be kept in separate list, which includes permit and license fees, service of lawyer and accountant etc. While you can estimate the cost of employee salary, marketing material or office space etc., you can include the cost calculation in approximate cost. When you start a startup, all such costs can be finalized according to the situation at that time. Use this planning for Startup Funding Proper planning of startup cost calculation will not only help you after the start of business, but w
Find more about Techs.