To figure out how much money you need to start your business, add the asset purchases, startup expenses, and operating expenses over your cash runway period. This is your total startup costs, and it’s better to overestimate than underestimate these costs.

Make a list of the upfront costs needed to get your business off the ground. Add up the total of all upfront costs. Make a list of your estimated ongoing monthly costs. Multiply your ongoing costs (for 1 month) by the number of months you want to project (12 is good, 36+ is best).

Calculate startup costs and see how much funding you’ll need and determine when you’ll make a profit. Calculate business startup costs before you launch Identify your startup expenses Estimate how much your expenses will cost Add up your expenses for a full financial picture Use start-up cost calculations to get start-up funding START AN LLC

Here are the steps to calculate your startup costs: Create a list of one-time expenses and get an accurate estimate of their costs. Create a list of one-time expenses and get an accurate estimate of their costs. Add your one-time and ongoing expenses to get your estimated total startup cost.