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Compare One-Time and Recurring Costs

One of the major factors in determining whether or not to keep your business open when you are deployed is the cost of sustaining your business versus the cost of suspending your business. What costs will you incur if you close your business, and what will the costs be to keep your business open? In addition, what level of revenue must you bring in on a monthly basis to keep your business afloat if you decide to sustain operations?Use the list below to compare your one-time and recurring costs of business. If you choose to keep your business open, what are the monthly costs your business will face to operate? If you suspend your business, how much cash will you need in reserve to relaunch your business when you return?

One-Time StartUp Costs:

• Acquisition of Office Space
• Office Equipment
• Production Equipment
• Office Furniture
• Transportation and Installation of Equipment
• Decorating or Renovating
• Signs
• Security
• Initial Product Inventory
• Insurance
• Advertising
• Custom Supplies
• Utilities
• Professional Fees
• Business Licenses and Permits
• General Office Supplies
• Services
  

Recurring Costs :

• Employee Wages
• Payroll Taxes
• Health Insurance
• Workman's Compensation Insurance
• Monthly Rent or Mortgage
• Security Fees
• Business Insurance
• Replenishing Office Supplies
• Lease Payments for Equipment
• Inventory Replenishment
• Monthly Advertising
• Utility Payments
• Travel Transportation
• Professional Fees
• Bank Service Fees
• Credit Card Processing Fees
• Service Fees