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Listen "PDR Workshop | What Does It Cost To Start A PDR Business"
Episode Synopsis
Ep. 55 what’s the true cost of starting a Pdr business
We all wish we knew exactly what it was going to cost to start our companies before spending a single dime. As everyone has different budgets the fact is, planning all the expenses beforehand can dramatically reduce the chances of unexpected expenses. In 2009, the Kauffman Foundation estimated that the average startup costs $30,000 lets break down how accurate this number is with a PDR Business.
Training time and cost $6-15k
Tool expense $10k
Setup process
Marketing budgets $2k $500week
Networking
Vehicle purchase $5-15k
Recurring bills (phone, gas,
Insurance $300
Professional fees $1000
Business registration
We all wish we knew exactly what it was going to cost to start our companies before spending a single dime. As everyone has different budgets the fact is, planning all the expenses beforehand can dramatically reduce the chances of unexpected expenses. In 2009, the Kauffman Foundation estimated that the average startup costs $30,000 lets break down how accurate this number is with a PDR Business.
Training time and cost $6-15k
Tool expense $10k
Setup process
Marketing budgets $2k $500week
Networking
Vehicle purchase $5-15k
Recurring bills (phone, gas,
Insurance $300
Professional fees $1000
Business registration
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