![]() Startup expenses: These are expenses that happen before the beginning of the plan, before the first month of operations.You can estimate them both in two simple lists: Starting costs are essentially the sum of two kinds of spending. But for startups, it’s about starting costs. For existing companies that already have financial results, projections start with the expected ending balance of the previous period. ![]() And the starting costs are critical to determining whether a startup can bootstrap or needs outside funding. Starting costs set up a starting balance, which is necessary to plan cash flow. Visit this free non-profit business plan template roundup or download a fill-in-the-blank business plan template to make things easy. If you are looking for a business plan template by file type, visit our pages dedicated specifically to Microsoft Excel, Microsoft Word, and Adobe PDF business plan templates. Read our articles offering startup business plan templates or free 30-60-90-day business plan templates to find more tailored options.It’s really important to have an idea of what you need before you start. Continuing with my series on standard business plan financials, startups need to project starting costs. Need help putting together the rest of your business plan? Check out our free simple business plan templates to get started. You can learn how to write a successful simple business plan here.
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