Activity

USS Biz Trek Activity #20: Estimating Start-up Costs

In Lesson 6, you learned the importance of knowing exactly what it will cost to start your business. Print this page and use the form as a worksheet or pattern for figuring your start-up costs. You will need the figures on this worksheet in Lesson 7, when you write a business plan. If you need more room, make your own lists in your USS Biz Trek log.

Start-up Cost Worksheet

1. Licenses, permits, and registration fees

_______________________ _____________________

Subtotal: ________

2. Equipment and tools (Examples: computer, safety glasses, cake pans, etc.)

_______________________ _______________________

Subtotal: ________

3. Supplies and raw materials (Examples: cake mix, office supplies, window cleaner, etc.)

________________________ _______________________

Subtotal: ________

4. Inventory of products: (Examples: watches, mugs, snack cakes, candy, etc.)

________________________ _______________________

Subtotal: ________

5. Operating costs (Examples: rent, utilities, flyers, business cards, wages for helper, etc.)

________________________ _______________________

Subtotal: ________

Total Start-up Cost: ___________

Finished?

Rocket back to Lesson 6

Rocket forward to Lesson 7