Start-Up Expenses Worksheet

A new business features two types of expenses: one-time expenses and operating expenses. Estimate these costs and add them to the cash flow statement. Lenders will require actual quotes from approved / certified vendors (for building contractors, franchises, etc).

Cash Flow Statement

Your one-time expenses section may include, but are not limited to:

  • Contingency expenses
  • Downpayment on property or deposit on rent
  • Downpayment or deposit on fixtures or equipment (computer, printer, telephones)
  • Franchise fees
  • Incorporation costs (where applicable)
  • Licenses or permits
  • Product development costs
  • Promotions for opening
  • Renovations or leasehold improvements
  • Starting inventory
  • Utility set-up fees
  • Vehicles

Your operating expenses section of your business plan may include, but are not limited to:

  • Advertising / marketing
  • Bad debts / sales discounts
  • Distribution
  • Insurance
  • Loan payments plus interest
  • Maintenance
  • Payroll expenses (CPP, EI, WCB)
  • Professional fees (lawyer, accountant)
  • Raw materials
  • Rent / mortgage payments
  • Salaries
  • Travel
  • Utilities
  • Management fees
  • Vehicle expenses

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