Planning to expand your business? Before budgeting, learn about these expenses. - PowerPoint PPT Presentation

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Planning to expand your business? Before budgeting, learn about these expenses.

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So, you think it is time to move on to the next level of business expansion and venture into new areas and markets you always dreamt of. You could be thinking on the lines of raising funds, identifying new partners, tweaking your products and services for new markets and more. But have you thought about all the expenses that you will have to incur? Have you considered how are you are going to utilise your business expansion loans effectively? – PowerPoint PPT presentation

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Title: Planning to expand your business? Before budgeting, learn about these expenses.


1
Planning to expand your business? Before
budgeting, learn about these expenses.
2
One-time expense vs Recurring expense
  • Unlike one-time costs, recurring expenses are
    repetitive.

3
One-time expense
  • It includes expenses related to office space,
    equipment, and website.

4
Recurring Expenses are of 6 types
5
Research expenses
1
  • Costs incurred on the market and consumer
    behavioural analysis.

6
Inventory
2
  • Costs incurred on the stock of goods.

7
Insurance
3
  • Cost to secure your business against uncertain
    events.

8
Advertising
4
  • To promote your business, you need to spend on
    advertising now and then.

9
Payroll and utility expenses
5
  • Electricity bills, salary to your staff, etc.,
    every month.

10
Consultation fees
6
  • You must invest in expert consultation to build
    your business.

11
How much amount can a company borrow?
7
  • Depending upon several factors, you can borrow
    between INR 5 lakhs and 25 lakhs.

12
  • Consider the above charges before expanding your
    business otherwise, you might face trouble later.

13
Thanks!
Would Love to hear from you.
Hero Fincorp Limited
09, Basant Lok, Vasant Vihar, New Delhi -
110057
Tel 18001024145
Email corporate_at_herofincorp.com
Website https//www.herofincorp.com/
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