Wondering how much it costs to start a saline water manufacturing business?
Here's a detailed list of a saline water manufacturing business startup costs:
Starting a saline water manufacturing business may require purchasing some equipment, whether that's for producing the product or packaging the goods, or equipment needed in the back office.
Cost | Required? | Min Cost | Max Cost |
---|---|---|---|
Cleaning Supplies ➜ | Optional | $63 | $200 |
Uniforms | Optional | $0 | $500 |
If you plan to have a brick & mortar location for your saline water manufacturing business, you must weigh the costs of your rent, as it may be the most expensive part of running your business.
Rent costs for your saline water manufacturing business very much depends on your location. This cost will vary by both region and specific areas of town: a lease in the heart of Manhattan could cost over $80,000/month in rent. Meanwhile, a storefront lease in Florida or Tennessee could cost less than $1,000/month.
Cost | Required? | Min Cost | Max Cost |
---|---|---|---|
Building improvements and remodeling | Optional | $0 | $950 |
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.
Cost | Required? | Min Cost | Max Cost |
---|---|---|---|
Set up business: LLC & Corporations | Required | $50 | $500 |
Small Business Insurance | Recommended | $500 | $2,000 |
Permit and License Fees | Optional | $50 | $700 |
Trademark | Optional | $0 | $700 |
Lawyer Fees | Optional | $0 | $1,500 |
A Patent ➜ | Optional | $5,000 | $15,000 |
Your saline water manufacturing 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.
Cost | Required? | Min Cost | Max Cost |
---|---|---|---|
Accounting & Invoicing Software | Recommended | $0 | $50 |
Project Management Software | Recommended | $0 | $25 |
Payroll Software | Optional | $0 | $200 |
It will be your call to determine if you need office space. It is not a requirement but may be necessary as your saline water manufacturing business grows.
Cost | Required? | Min Cost | Max Cost |
---|---|---|---|
Rent ➜ | Optional | $0 | $5,750 |
Utility Costs For Office Space ➜ | Optional | $0 | $1,150 |
Cost | Required? | Min Cost | Max Cost |
---|---|---|---|
Payroll Costs & Fees ➜ | Optional | $150 | $250 |
Employee Hiring Expenses | Optional | $1 | $2 |
Employee Rewards ➜ | Optional | $0 | $100 |
If you sell a physical good, you'll likely have to start with some inventory.
Cost | Required? | Min Cost | Max Cost |
---|---|---|---|
Upfront Costs For Inventory | Optional | $300 | $5,000 |
Inventory Storage | Optional | $0 | $5,000 |
Package Design ➜ | Optional | $50 | $3,000 |
Shrinkage | Optional | $0 | $1,000 |
Distribution costs | Optional | $0 | $750 |
Cost | Required? | Min Cost | Max Cost |
---|---|---|---|
Mode of Transporation | Optional | $0 | $10,000 |
Commute cost | Optional | $2 | $4 |
Cost | Required? | Min Cost | Max Cost |
---|---|---|---|
Online Learning Sites | Optional | $0 | $1,000 |
Consulting fees | Optional | $0 | $1,000 |
Every business should have a website, and it's worth spending a bit of money to set it up right.
Cost | Required? | Min Cost | Max Cost |
---|---|---|---|
Domain Name ➜ | Required | $12 | $200 |
Business Email Hosting Service ➜ | Recommended | $1 | $15 |
Cost | Required? | Min Cost | Max Cost |
---|---|---|---|
Initial Ingredients | Optional | $25 | $500 |
Cost | Required? | Min Cost | Max Cost |
---|---|---|---|
Business Signage ➜ | Optional | $75 | $2,486 |
Cost | Required? | Min Cost | Max Cost |
---|---|---|---|
Handyman Tools | Optional | $0 | $500 |