Starting a Business Expense Budget

Before you can open the doors of your new business do you know your Start up Expenses?

This list is provided as a simple start up budget planning tool.  Pre-opening typically costs more and takes longer than planned.  Estimates should be on the high side, you can always spend under budget, but it is very difficult to obtain more money when you run short. Plan a contingency fund of 20% of your start up budget and enough working capital to last to cover operating expenses for six months. 

Capital Purchases Buildings/Real Estate

Leasehold Improvements

Item 1 -$
Item 2 -$
Item 3 -$
Item 4 -$
Total Leasehold Improvements $-

Moving and Set up

Labor -$
Decorating-$
Moving Expenses -$
Total Moving & Set up -$

Capital Equipment Purchases 

Furniture - $
Equipment - $
Fixtures - $
Machinery - $
Other - $
Total Capital Equipment $- $

Prepaid Expenses 

Location and Admin Expenses

Rent - $
Utility deposits - $
Legal and accounting fees - $
Prepaid insurance - $
Pre-opening salaries - $
Permits and Licenses - $
Other - $
Total Location and Admin Expenses $-

Opening Inventory

Category 1 - $
Category 2 - $
Category 3 - $
Category 4 - $
Category 5 - $
Total Inventory $-

Advertising and Promotional Expenses

Advertising - $
Signage - $
Printing - $
Travel/entertainment - $
Other/additional categories - $
Total Advertising/Promotional Expenses $-

Other Expenses

Other expense 1 - $
Other expense 2 - $

Total Other Expenses $-

Reserve for Contingencies - $

Working Capital - $ 

Summary of Start up Expenses

Buildings/real estate - $
Leasehold improvements - $
Moving & Setup - $
Capital equipment - $
Location/administration expenses - $
Opening inventory - $
Advertising/promotional expenses - $
Other expenses - $
Contingency fund - $
Working capital - $

Total Start up Expenses - $                                   

Security and Collateral for Loan Proposal

Collateral for Loans

Real estate
Other collateral
Other collateral
Other collateral

Owners Investment

Your name here, amount of investment and source
Other owner, amount of investment and source
Other owner, amount of investment and source

Loan Guarantors (co-signers other than owners)

Loan guarantor 1
Loan guarantor 2
Loan guarantor 3