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Start up costs (Excel)

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					This spreadsheet has been created for users of My Business Adviser website and our training courses.


  1    Open the "Start Up costs" tab to make a record of your expenses before starting to trade and on-going costs such as rent.
       The examples provided are there to help you anticipate what your start-up costs may be - you can write in your own descriptions and costs.
       Listing your costs in this way will help you distinguish between bills you will need to pay before you start trading and those which will occur later.
       The addition at cell C31 is designed to add up only the costs you will incur before starting to trade.
       At the same time, the list can be used to make a note of ongoing costs, annual costs and other regular payments once trading starts.


                                                      www.mybusinessadviser.org.uk
                                      What                                   Costs        When
Business Name                         Hand Made Desks                        -            Pre-start
Domain registration                   www.handmadedesks.biz                  £25          Pre-start
Website hosting                                                              £100         annual
Trademark?                            no                                     -            Pre-start
LEGAL FORM:
Register self-employed?                                                      0            Pre-start
Self employed Class 2 NI                                                     £130         annual
Business incorporation?               Companies House                        £18          Pre-start
Other
FINANCE
Business bank account                 High St Bank                           free 2 yrs   annual
Business finance?
OPERATIONS
Premises - Bond                                                              £3,000       Pre-start
Premises - rent & rates                                                      £14,500      annual
Planning permission?                  na                                     £350         Pre-start
Licences                              na                                                  Pre-start
Insurances                                                                   £480         annual
Shop-fitters                          DIY                                                 Pre-start
Signage                               Signs & Co                             £300         Pre-start
MARKETING
Logo & stationery                     Brand & Co                             £200         Pre-start
Advertising?                          T&A                                    £120         Pre-start
website design                        Brand & Co                             £500         Pre-start
PR                                    DIY
Print promo flyers etc.               Brand & Co                             £220         Pre-start
OPERATIONS
Equipment supplies                    Joinery supplies                       £7,250       Pre-start
Materials supplies                    Timber supplies                        £400         Pre-start
Packaging                             Packaging supplies                     £112         Pre-start
TOTAL PRE-START COSTS                                                        £12,495
Note: the total PRE-START COSTS does not include costs arising after start of trading
TOTAL ANNUAL COSTS                                                           £15,210

This spreadsheet was created by Bradford Chamber of Commerce for use on training courses.
No responsibility can be accepted for the reliability of the data entered by users of the tool.

				
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posted:4/5/2012
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