How much does it cost to start a business in the UK?
Business | Fixed costs | Variable costs | Estimated start up cost |
|---|---|---|---|
Photographer | Camera equipment (if not owned), portfolio website, insurance, software subscriptions | Marketing, travel, client appraisals, professional services | £500-10,000 |
Decorator | Tools, transport, insurance, portfolio website, licenses | Marketing, materials for initial projects, professional services | £2,000-10,000 (more if buying a vehicle) |
Catering company | Kitchen equipment, health and safety compliance, licenses, insurance, vehicle | Initial food inventory, branding, marketing, staff, training | £10,000-30,000 |
Clothing manufacturer | Machinery, premises, quality control setup, insurance | Raw materials for first batch, prototyping, branding, marketing, staffing | £10,000-50,000 |
Coffee shop | Premises lease, equipment, plumbing and electrical upgrades, branding | Initial stock, staff uniforms, marketing, POS systems | £20,000-100,000 |
Tech start up | Computers, software licenses, IP protection, legal setup, office space | Hiring, product development, marketing, beta testing, hosting | £50,000-200,000+ |
Restaurant | Premises, heavy kitchen equipment, ventilation, licenses, insurance | Initial food stock, staff, branding, marketing | £100,000-500,000+ |