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Running costs advice for a newbie

Discussion in 'Managing Your Business' started by street cleaner, Dec 16, 2014.

  1. street cleaner

    street cleaner New Member

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    I just started promoting my business and I am looking for advice regarding running costs. I started writing in a spreadsheet all the expenses that I could think about, and I don't know if I covered them all.

    Please let me know what I could add:
    Insurance - car, business, public liability
    Equipment
    Equipment refills
    Advertising

    Thank you so much! Any help is appreciated.
    street cleaner, Dec 16, 2014
    #1
    skip likes this.
  2. skip

    skip New Member

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    I appreciate your advice. Insurance needed for security, modern equipment for doing things comfortably, equipment refills needed to run the busibness and advertising needed to promote business. :)
    skip, Dec 27, 2014
    #2
  3. daves

    daves New Member

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    Thanks skip for your explanation. I am newbie in the windows cleaning business. Running cost knowledge should have any of business owner in the windows cleaning business.
    daves, Dec 27, 2014
    #3
  4. SpicAndSpanShawn

    SpicAndSpanShawn Member

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    Yeah this is a topic that newbies are not familiar with but soon enough you'll kinda be forced to actually learn about it and use it. You'll be pretty knowledgeable yourself so just keep in there!
    SpicAndSpanShawn, Feb 28, 2015
    #4
  5. Brandy

    Brandy Member

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    I'm a newbie too so thank you guys for all the information provided, I'm not really sure but I'm guessing I'll get the hang of it someday when I'm experienced enough
    Brandy, Apr 30, 2015
    #5
  6. SpicAndSpanShawn

    SpicAndSpanShawn Member

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    yeah of course I've been saying that a lot lately, you'll get all of the experience within time
    SpicAndSpanShawn, Aug 10, 2015
    #6
  7. Ifsg

    Ifsg New Member

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    Occupation:
    Business Consultant and Financial Services
    When calculating operating cost you will typically have
    Utilities
    Cell Phone
    Rent
    Salaries
    Taxes
    Fees & Subscriptions (licensing fees, membership fees, ect.)
    Marketing expenses
    Equipment & Supplies
    Debt or Loan Payments
    Office Supplies

    Depending on your business you may also have
    Repairs & Maintenance
    Meals & Entertainment
    Banking fees
    Legal and Accounting fees

    Congratulations and the best of luck,
    Brandy
    Ifsg, Jul 22, 2016
    #7

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