Wondering how much it costs to start a hightop sneaker business?
Here's a detailed list of a hightop sneaker business startup costs:
Around $700.
What goes into advertising & marketing costs?
Around $1,596.
Your hightop sneaker business needs software to run efficiently!
Why spend money on software? Because it can help you save time and automate certain parts of the business, so you can focus on the most important matters. Software and technology can help you grow your business, and save you from expensive personnel costs.
What goes into software expenses?
Around $1,642.
It will be your call to determine if you need office space. It is not a requirement but may be necessary as your hightop sneaker business grows.
What goes into office space expenses?
Around $13,000.
There are a few key costs associated with forming your business entity, such as setting up an LLC and getting trademarks, copyrights, and patents sorted.
What goes into business formation fees?
Around $8,075.
What goes into retail business expenses?
Around $3,000.
Starting a hightop sneaker business may require purchasing some equipment, whether that's for producing the product or packaging the goods, or equipment needed in the back office.
What goes into equipment & supply expenses?
Around $150.
What goes into other expenses?
Around $7,550.
If you sell a physical good, you'll likely have to start with some inventory.
What goes into inventory expenses?
Around $3,365.
Every business should have a website, and it's worth spending a bit of money to set it up right.
What goes into website costs?
Around $2,750.
What goes into employee & freelancer expenses?