It might seem like an obvious point to make, but
accurately assessing the costs involved in a start-up can make
or break a firm. Barry Cohen analyses the
various elements involved
With the constant flow of hedge fund start-ups taking place
throughout Europe, it's clear that the enthusiasm for launching
continues to be very robust. But the challenges are as great -
if not greater - than they have ever been and one of the vital
hurdles to overcome is accurately assessing the full range of
At the outset, the key issue is to devise a realistic budget
for your start-up and annual running costs so you have a fair
chance of survival in the all-important first year of
operations. To ensure your budget will serve as a reliable
guide, it's always prudent to take professional advice to
ensure you optimise your financial position.
"If you are not sure whether...