Yahoo Answers is shutting down on May 4th, 2021 (Eastern Time) and beginning April 20th, 2021 (Eastern Time) the Yahoo Answers website will be in read-only mode. There will be no changes to other Yahoo properties or services, or your Yahoo account. You can find more information about the Yahoo Answers shutdown and how to download your data on this help page.

? asked in Business & FinanceSmall Business · 9 years ago

Starting a new business (physical shop)?

Apart from rental & electric what other costs need to be considered when starting out? Thanks

5 Answers

Relevance
  • ?
    Lv 7
    9 years ago
    Favorite Answer

    rent, council tax, water rates, fixtures and fittings, phone/broadband, stock, stationary,

    signage for the shop, alarm system, staff costs, public liability insurance, contents insurance

    the list could be longer depending on what kind of shop it is

    Source(s): my son a computer repair shop
  • 9 years ago

    Taxes, National Insurance (three different kinds), VAT, Public Liability Insurance, Employers Insurance, etc.

  • ?
    Lv 7
    9 years ago

    Use this basic checklist to make sure all the important steps are taken before you launch your new venture. This business checklist will make sure that you cross all your t's and dot all your i's before your business launch.

    Steps to Starting a Business -

    http://www.developer-resource.com/starting-a-busin...

    Other sites you might find helpful are:

    SBA - http://www.sba.gov/

    SCORE - http://www.score.org/

    Small Business Resource - http://www.small-business-software.net/

    Business Link - http://www.businesslink.gov.uk/bdotg/action/home

    Goodluck!

  • Henry
    Lv 7
    9 years ago

    You are the only one that can figure that out as every situation is unique. Go to http://www.score.org/template_gallery.html and download the Excel template for estimating startup costs.

  • How do you think about the answers? You can sign in to vote the answer.
  • 9 years ago

    I can help you setup website and so Geo targetted SEO so you can get inquiries through web.

    Will do it for free.... i am an IT intern.... desperately need some work to show on my training.

    gds_iam@ymail.com

Still have questions? Get your answers by asking now.