average startup cost for a small business
Of course, the answer depends on your business model and your chosen industry. However, a useful estimate based on a 2009 study conducted by the Ewing Marion Kauffman Foundation puts the average cost of starting a new business from scratch at just over $30,000.o estimate your startup costs, start by creating two lists â one for your startup expenses and one for your assets. Your list should be informed by the aspects of your business that will have costs associated during the startup phase, such as facility improvements or the equipment and inventory you need.
The data include a list of average startup costs for a variety of other industries as well, including: â¢ $27,000 to open a healthcare business. This category includes everything from doctorâs offices to home health aides. â¢ $75,000 to get started in real estate or rentals of real property or equipment.