Startup Guide
Startup Cost Checklist for New Businesses
One of the most common reasons new businesses struggle is underestimating startup costs. Use this checklist to build a realistic budget.
One-time startup costs
- Business registration and licences
- Initial stock or raw materials
- Equipment, tools, furniture and fixtures
- Website, domain and initial marketing materials
- Security deposits for rent
- Professional services (legal, accounting, design)
Monthly or ongoing costs (first 3–6 months)
- Rent and utilities (electricity, water, internet)
- Salaries or your own living costs
- Marketing and advertising
- Transport, logistics, and software subscriptions
- Insurance, bank charges, and payment fees
Tip: Always add a 15–25% contingency buffer to your estimates. It is better to start slightly smaller and well-funded than to run out of cash in month two.