Establishing Budgets Template

Description
In order to estimate necessary and suitable costs prior to start-up, you must work out an establishing budget.

How big the establishing costs get depends on what kind of company you want to start.

Small investment
If you want to start a consultancy firm working in human resource development you might only need a telephone, a computer and education/skills in human resources. You probably have the education/skills and if you start the business from home; the only expenses you need to start is a PC and a telephone. The start will then be rather inexpensive.

Large investment
On the other hand if you want to start a production making electronic devices your establishing budget will be high. Before you can start selling your electronic devices you need a production building, machinery, packing facilities, skilled staff, a stock of electric components, office equipment and...this may cost millions.