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What should I include when calculating my initial capital costs?

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  • Videojug
  • 3:24
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What should I include when calculating my initial capital costs?

David Weller (Co -author Teach Yourself: Setting Up A Small Business) gives expert video advice on: How do I calculate how much setting up my business will cost?; What is meant by initial capital costs?; What should I include when calculating my initial capital costs? and more...

Whether it's a shop, a restaurant, or a craft-based workshop, or perhaps a small industrial unit, you'll need to think about decoration, lighting, heating. You'll also need to consider equipment and tools, and maybe fire precautions or security installations. And you'll certainly need to have things like office furniture and equipment and a telephone installation. And all these could come to between twenty or thirty thousand pounds.

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