When you start a small business, it’s tempting to think you’ll open your doors and watch the customers (and profits) start rolling in on day one. Reality is that it takes time before any business turns a profit. That means you’ll need to begin your new venture with enough cash to carry you out of the starting gate.
There are many ways to raise funds for your business, such as a small business loan, personal funds or even a loan from your permanent life insurance. Whatever option you choose, it’s important to add up all the expenses you may need to cover in the earliest days of your new business. Our business startup cost calculator can help you add up what you’ll need as you forge a path toward profitability.
Click Here to use our calculator.