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What are the expenses a firm must pay before it can begin to produce and sell goods called?

User Shrish
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7 votes

Answer:

The answer is startup costs.

Step-by-step explanation:

Startup costs are inevitable costs that a new business would incur when starting to establish its operations. Some examples of this would be legal services cost to help them in registering the company, designer services for company logo and official website, and initial office rental cost. It is advised to budget wisely the total expense you would need for this before paying for them.

User Aditya Bhatt
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