How does running a business look like? What are the things to consider? What Does It Cost to Run a Startup? There are many possible question you can ask yourself before start any new business.
It may differ depending on the type of business you are in. But, most entrepreneurs would definitely look at the cost first. You may have to make a thorough study on the cost of each aspect such as salary, number of employees, equipment, rent and other things.
To start with, we can use the statistics on this infographic from Staff.com. They compared the cost of running a startup with 2 web developers, a designer and an office in different cities around the world. The cities included were Zurich, Sydney, New York, San Francisco, London, Paris, Mumbai and Manila.
Read also: Starting a Startup in Taiwan
Check this out. Does it help you with your decision in running your own startup?