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By Shari Waters, About.com Guide to Retailing

Frequently Asked Questions on Estimating Startup Costs

Wednesday August 30, 2006

Wouldn't it be nice if you could read a book or visit one website about your particular type of retail store and find all the answers to questions asked by a business plan? Unfortunately, that single resource doesn't exist.

Unless you are purchasing a franchise where all of the planning may be done for you, there is no way to know exact startup costs when writing a business plan. Many of the figures for the business plan will need to be estimates. Others can be found through research. Here are few of the most common start-up cost questions for planning a retail business.

How Much Will Inventory Cost?
What Will it Cost to Lease a Store Front?
What Should We Spend on Marketing?
What Will Staffing Our Startup Cost?

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