Thursday 6 June 2013

Financial aspect of a business

In this post I will show my start up costs, variable costs and fixed cost calculated. All will be done separate.

1. My business will not have premises. My business will be provided on the phone or by email. If customer would like to meet me I will be able to provide a conference room which I will be renting as an virtual office for my meetings with customers.

The cost of virtual office and its features:

Virtual Office in Mayfair - Premium Package of £58.49 pm
Meeting Room - £1440 pm
Business Mailing Address - £689.88 pa/12 = £57.49 pm
Registered Office Address - £199.88 pa/12 = £16.66 pm

2. Equipment needed:

Laptop
Printer
Printer Ink
Shredder
Stationary
Printer Paper
Leaflets
Mobile Phone

3. Price per month

Fixed costs

Internet - £11.86
Virtual Office - £58.49
Meeting Room - £1440
Business Mailing Address - £57.49
Registered Office Address - £16.66
Website (HOST) - £1.95
Website (Maintenance) - £5.00
Mobile Phone - £39.00


Variable Costs

Printer Ink - £55.96
Stationary - £20.00
Printer Paper - £9.99
Leaflets - £17.33
Fuel - £840
Personal Assistant Wage - £1116.80


Start up costs

Laptop - £799.97
Printer - £129.99
Shredder - £21.99








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