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The Cost of Starting a New Business [Video]

The Cost of Starting a New Business

The Cost of Starting a New Business

The average cost of starting a business can vary depending on the type of business you’re starting
There are a number of initial costs that you’ll need to cover, including setting up your business structure, registering with the government, and purchasing equipment or inventory
You’ll also need to account for ongoing costs such as marketing, licenses, and rent or mortgage payments
It’s important to remember that most businesses don’t make a profit in their first year, so be prepared to invest some money and time into your new venture

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