Start-Up Costs

[START-up kawsts]

What is the definition of Start-Up Costs?

Expenses incurred during the process of creating a new business. These costs may include expenditures related to legal fees, property leases, marketing, initial inventory acquisition, and other pre-operational activities.

Using Start-Up Costs in an Example

Before opening her boutique, Maria incurred start-up costs including rent for the shop space, renovations, initial inventory purchase, and marketing to promote the grand opening.

Using Start-Up Costs in a sentence

The entrepreneur calculated his start-up costs to ensure he had enough capital to sustain the business until it became profitable.

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