Title: Planning to expand your business? Before budgeting, learn about these expenses.
1Planning to expand your business? Before
budgeting, learn about these expenses.
2One-time expense vs Recurring expense
- Unlike one-time costs, recurring expenses are
repetitive.
3One-time expense
- It includes expenses related to office space,
equipment, and website.
4Recurring Expenses are of 6 types
5Research expenses
1
- Costs incurred on the market and consumer
behavioural analysis.
6Inventory
2
- Costs incurred on the stock of goods.
7Insurance
3
- Cost to secure your business against uncertain
events.
8Advertising
4
- To promote your business, you need to spend on
advertising now and then.
9Payroll and utility expenses
5
- Electricity bills, salary to your staff, etc.,
every month.
10Consultation fees
6
- You must invest in expert consultation to build
your business.
11How 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.
13Thanks!
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/
Know More Planning to expand your business?
Before budgeting, learn about these expenses.