Researching Startup Costs

In this video, I am going to help you understand startup costs. Because I'm trying to teach admins how to do this effectively, I am providing a few general rules of thumb that apply, plus I use IBIS World to show you some short cuts to estimate the total costs.

While I provide some easy short cuts, there's no better way to establish the total costs than to research the industry to find out the minimum requirements to start a business in your area and then create estimates.