Calculating Costs

Sun May 1, 2005

The right budget to ensure survival

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 costs involved.

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...

ISSN: 2151-1845 / CDC10004H


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