Answer:
Step-by-step explanation:
Startup costs are the expenses incurred during the process of creating a new business.
Pre-opening startup costs include a business plan, research expenses, borrowing costs, and expenses for technology.
Post-opening startup costs include advertising, promotion, and employee expenses.
Different types of business structures—like sole proprietorships, partnerships, and corporations—have different startup costs, so be aware of the different costs associated with your new business.