{"id":45757,"date":"2021-01-05T15:07:47","date_gmt":"2021-01-05T15:07:47","guid":{"rendered":"\/us\/en\/blog\/?p=45757"},"modified":"2025-03-13T06:21:36","modified_gmt":"2025-03-13T13:21:36","slug":"startup-costs","status":"publish","type":"post","link":"\/us\/en\/blog\/startup-costs\/","title":{"rendered":"Calculate startup costs: What business owners need to know"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">Starting a business is no easy feat when you haven\u2019t got much experience.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">And although it\u2019s an exciting stage, getting your business off the ground requires careful planning and consideration\u2014especially in regards to startup costs.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">If you\u2019re in the early stages of developing a business and want more information about your startup costs and how it all works, keep reading our helpful guide. We\u2019ll discuss how much startups costs, as well as offering you tips on how to keep those costs down.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">We\u2019ll cover:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\"><a href=\"#how\"><span style=\"font-weight: 400;\">How much do startups (really) cost?<\/span><\/a><\/li>\n<li style=\"font-weight: 400;\"><a href=\"#calc\"><span style=\"font-weight: 400;\">How do you calculate startup costs?<\/span><\/a><\/li>\n<li style=\"font-weight: 400;\"><a href=\"#reduce\"><span style=\"font-weight: 400;\">How can you reduce startup costs?<\/span><\/a><\/li>\n<\/ul>\n<hr \/>\n<p class=\"p1\">\ud83d\udc40 <b>What are the 4 key components of a successful startup?<\/b><\/p>\n<p class=\"p1\">\n<div class=\"download-form-widget standart-download-form\" data-url=\"http:\/\/netstorage.ringcentral.com\/ebook\/smb_startup.pdf\" data-id=\"69d4aae3baf0d\" id=\"69d4aae3baf0d\">\n\t\t<button tabindex=\"on\"  on=\"tap:69d4aae3baf0d.toggleClass(class='open')\" class=\"open-modal-download-action download-form-button\" type=\"submit\">\ud83c\udf1f Find out here<\/button><\/p>\n<div class=\"download-form-modal\">\n<div class=\"download-form-modal-body\">\n<div class=\"download-form-modal-content\">\n<div class=\"download-form-modal-title\">Learn to bake success into the DNA of your startup<\/div>\n<form class=\"download-form SMB\" method=\"post\">\n<div class=\"download-form-part\">\n\t\t\t\t\t\t\t<input class=\"download-form-input\" aria-label=\"Full Name\" aria-required=\"true\" aria-invalid=\"false\" type=\"text\" name=\"fullname\" placeholder=\"Full Name\" data-dl-events-hover=\"true\" data-dl-element=\"text\" data-dl-additional-info=\"download form\">\n\t\t\t\t\t\t<\/div>\n<div class=\"download-form-part\">\n\t\t\t\t\t\t\t<input class=\"download-form-input\" aria-label=\"Email (please enter a work email address)\" aria-required=\"true\" aria-invalid=\"false\" type=\"email\" autocomplete=\"on\" name=\"email\" placeholder=\"Email (please enter a work email address)\" data-dl-events-hover=\"true\" data-dl-element=\"email\" data-dl-additional-info=\"download form\">\n\t\t\t\t\t\t<\/div>\n<div>\n\t\t\t\t\t\t\t<input type=\"hidden\" name=\"popup_form\" value=\"1\">\n\t\t\t\t\t\t<\/div>\n<div><input type=\"hidden\" name=\"Asset_ID__c\" value=\"ODAM-01423\" class=\"download-form-input\"><\/div>\n<div>\n\t\t\t\t\t\t\t<input type=\"hidden\" name=\"Lead_Entry_Source__c\" value=\"RC Blog\" class=\"download-form-input\"\/>\n\t\t\t\t\t\t<\/div>\n<div class=\"download-form-part\">\n\t\t\t\t\t\t\t<button class=\"download-form-submit\" type=\"submit\" data-dl-element=\"button\" data-no-auto-dl=\"true\" data-dl-additional-info=\"download form\" data-dl-name=\"Get it now\">Get it now<\/button>\n\t\t\t\t\t\t<\/div>\n<\/p><\/form>\n<p> \t\t\t\t\t<button on=\"tap:69d4aae3baf0d.toggleClass(class='open')\" role=\"button\" tabindex=\"0\"  class=\"download-form-modal-close\"><\/button>\n\t\t\t\t<\/div>\n<div class=\"download-form-modal-thank\">Happy launching!<\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/p>\n<hr \/>\n<h2><span style=\"font-weight: 400;\"><a id=\"how\"><\/a><br \/>\nHow much do startups cost?<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">According to the <a href=\"https:\/\/www.businessnewsdaily.com\/5-small-business-start-up-costs-options.html\" target=\"_blank\" rel=\"noopener noreferrer\">US Small Business Administration<\/a>, most microbusinesses (small businesses) cost around $3,000 to start. And, most home-based franchises can cost $2,000 to $5,000.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">This is a good indicator of what it may cost for a business to get on its feet, but in reality, over the course of the year, <\/span><a href=\"https:\/\/www.ringcentral.com\/us\/en\/blog\/pitfalls-to-avoid-when-growing-a-startup\/\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">startup costs<\/span><\/a><span style=\"font-weight: 400;\"> may be considerably more. For example, over the course of the year, you may have to pay for software, including <a href=\"https:\/\/www.ringcentral.com\/us\/en\/blog\/communication-tools\/\" target=\"_blank\" rel=\"noopener noreferrer\">communication tools<\/a> for your employees, and other <a href=\"https:\/\/www.ringcentral.com\/us\/en\/blog\/project-management-tools\/\" target=\"_blank\" rel=\"noopener noreferrer\">project planning<\/a> and analytics solutions.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The cost of this can add up if you don\u2019t make smart decisions early on about the type of communication and collaboration software you use. The biggest thing to remember? Try to keep your tech stack streamlined from Day 1 and choose versatile tools<\/span><span style=\"font-weight: 400;\"> that can handle many essential features on one platform. This will help you reduce the number of tools you end up having to pay for (and manage).\u00a0<\/span><\/p>\n<p>For example, RingCentral&#8217;s desktop and mobile app contains multiple communication channels all in one place. So, instead of paying for one video conferencing tool, and another messaging app, and another <a href=\"https:\/\/www.ringcentral.com\/business-phone-app.html\">phone app<\/a>, and so on&#8230; you can make calls, send messages, share files, assign tasks, and more, all in one app:<\/p>\n<div class=\"rc_custom_video\"><a class=\"rc_custom_video__link\" href=\"https:\/\/www.youtu.be\/9xaL89hYeFs\">\n\t\t            <picture><source srcset=\"https:\/\/i.ytimg.com\/vi_webp\/9xaL89hYeFs\/maxresdefault.webp\" type=\"image\/webp\"><img decoding=\"async\" class=\"rc_custom_video__media\" src=\"https:\/\/i.ytimg.com\/vi\/9xaL89hYeFs\/maxresdefault.jpg\" alt=\"\">\n\t\t            <\/picture>\n\t\t        <\/a><br \/>\n\t\t        <button class=\"rc_custom_video__button\" aria-label=\"Play video\"><svg width=\"68\" height=\"48\" viewBox=\"0 0 68 48\"><path class=\"rc_custom_video__button-shape\" d=\"M66.52,7.74c-0.78-2.93-2.49-5.41-5.42-6.19C55.79,.13,34,0,34,0S12.21,.13,6.9,1.55 C3.97,2.33,2.27,4.81,1.48,7.74C0.06,13.05,0,24,0,24s0.06,10.95,1.48,16.26c0.78,2.93,2.49,5.41,5.42,6.19 C12.21,47.87,34,48,34,48s21.79-0.13,27.1-1.55c2.93-0.78,4.64-3.26,5.42-6.19C67.94,34.95,68,24,68,24S67.94,13.05,66.52,7.74z\"><\/path><path class=\"rc_custom_video__button-icon\" d=\"M 45,24 27,14 27,34\"><\/path><\/svg><br \/>\n\t\t        <\/button>\n\t\t    <\/div>\n<p><span style=\"font-weight: 400;\">Of course, although every business has its own financial needs, this is a good rule of thumb when you begin.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">So, what do we mean when we say \u201cstartup costs\u201d? Business expenses can be grouped into two categories:<\/span><\/p>\n<ul>\n<li><b>Investigatory costs: <span style=\"font-weight: 400;\">When that little idea seed has planted itself into your head, you\u2019ll want to do some investigating. In some cases, there are costs attached. Market research is the biggest investigatory cost. You need to figure out whether your idea has potential and whether there\u2019s anything else like it on the market.\u00a0<\/span><\/b><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">These costs cover analysis of existing products on the market. You may have to try and test for comparison or invest in software to check out the competition.\u00a0<\/span><\/p>\n<ul>\n<li><b>Pre-launch costs: <span style=\"font-weight: 400;\">This is where you\u2019ll spend a considerable amount of your startup budget. This includes creating a website, domain name costs, advertising, equipment, employees, and digital infrastructure installation like Wi-Fi and telephone systems.\u00a0<\/span><\/b><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">Investigatory and pre-launch costs are vital for getting your company prepared for launch. While many of these may be one-time costs, you\u2019ll also need to keep up ongoing costs that help the business tick over.\u00a0<\/span><\/p>\n<h2><span style=\"font-weight: 400;\"><a id=\"calc\"><\/a><br \/>\nHow do you calculate startup costs?<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">To calculate your startup costs, you\u2019re going to need to figure out your one-time expenses and your ongoing expenses. Then, you\u2019ll need to create a budget template to keep track of it all.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">This will give you a detailed breakdown of your startup costs and recurring expenses. Here\u2019s an idea of what one-time costs and ongoing costs you can expect in a <\/span><a href=\"https:\/\/www.ringcentral.com\/us\/en\/blog\/small-business-management\/\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">small business<\/span><\/a><span style=\"font-weight: 400;\">:<\/span><\/p>\n<h3><span style=\"font-weight: 400;\">1. One-time costs<\/span><\/h3>\n<ul>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Website build<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Office furniture and supplies<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Equipment<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Wi-Fi installation<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Phone installation<\/span><\/li>\n<\/ul>\n<h3><span style=\"font-weight: 400;\">2. Ongoing costs<\/span><\/h3>\n<ul>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Rent (if you\u2019re in a rented building)<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Marketing<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Utilities<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Payroll<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Legal fees<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Business insurance<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Travel<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Shipping<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Equipment servicing<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Software<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">Some of these costs are what we refer to as \u201cvaried\u201d costs, as in, they can change. However, some are \u201cfixed\u201d costs, such as rent, which is consistent from month to month. As you can see, typically there are more ongoing costs related to business operations than one-time costs.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">So, to get a good idea of how much it\u2019s going to cost in the short term, try to plan your organizational costs for the next six months. And, where possible, try to pay for this in advance.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">In these first few months, your profit margins will be slim. Having the stability of your rent paid and other expenses sorted means you\u2019ll be able to spend less time worrying about financing and more time on growing your business.<\/span><\/p>\n<h3><span style=\"font-weight: 400;\">An example of business startup costs for the year<\/span><\/h3>\n<p><span style=\"font-weight: 400;\">We\u2019ve created a very basic example of some <\/span><a href=\"https:\/\/www.ringcentral.com\/us\/en\/blog\/best-startup-tools\/\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">startup budget <\/span><\/a><span style=\"font-weight: 400;\">costs for a hypothetical company. This is an example template that you should create in order to gain a better understanding of what costs you will incur in your first year.<\/span><\/p>\n<table>\n<tbody>\n<tr>\n<td><b>Item<\/b><\/td>\n<td><b>Description<\/b><\/td>\n<td><b>Estimated costs (per year)<\/b><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Rent<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Small office space in shared building<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$12,000<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Website<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Maintenance and hosting<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$2,400\u00a0<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Marketing<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Paid social media posts, pay-per-click marketing<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$4,000\u00a0<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Payroll<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Three employees with a $50k per-year salary<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$150,000<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Accounting services<\/span><\/td>\n<td><span style=\"font-weight: 400;\">One accountant for the business<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$10,000<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Basic office equipment<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Pens, paper, ongoing supplies<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$100\u00a0<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Total (per year)<\/span><\/td>\n<td colspan=\"2\"><span style=\"font-weight: 400;\">$178,500<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><span style=\"font-weight: 400;\">This is just a basic guide of what kind of expenses you may see when you get past the investigatory and pre-launch costs in your first tax year.\u00a0<\/span><\/p>\n<h2><span style=\"font-weight: 400;\"><a id=\"reduce\"><\/a><br \/>\nHow can you reduce startup costs?<\/span><\/h2>\n<h3><span style=\"font-weight: 400;\">1. Streamline your apps<\/span><\/h3>\n<p><span style=\"font-weight: 400;\">As a new business, you\u2019ll need to start from scratch. That includes all your software subscriptions, and other tools and services. But, for a startup on a tight budget, this is easier said than done. Try an all-in-one <\/span><a href=\"https:\/\/www.ringcentral.com\/solutions\/small-business.html\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">solution like RingCentral<\/span><\/a><span style=\"font-weight: 400;\">.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Because it includes everything you need from messaging to video conferencing and a <a href=\"https:\/\/www.ringcentral.com\/us\/en\/blog\/find-best-phone-service-for-small-business\/\" target=\"_blank\" rel=\"noopener noreferrer\">phone service in one app<\/a>, you won\u2019t need to pay for countless separate tools each month. Instead, you can enjoy the benefits of everything your business needs in one easily accessible place.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Not only does it include communication tools, but it also comes with a range of app integrations. So, project planning tools like <\/span><a href=\"https:\/\/www.ringcentral.com\/apps\/glip-integration-trello\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">Trello <\/span><\/a><span style=\"font-weight: 400;\">and email apps like Gmail are available at the click of a button, with no need to toggle between apps. Some other neat RingCentral features your startup may need include&#8230;<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\">Group <a class=\"waffle-rich-text-link\" href=\"https:\/\/www.ringcentral.com\/free-conference-call.html\">conference calls<\/a><\/li>\n<li>Easy meeting flips between voice and video:<\/li>\n<\/ul>\n<p><img decoding=\"async\" class=\"alignnone size-full wp-image-44978\" src=\"\/us\/en\/blog\/wp-content\/uploads\/2020\/11\/Call-to-Video-GIF.gif\" alt=\"flip from Call to Video\" width=\"375\" height=\"812\" \/><\/p>\n<ul>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Team messaging<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">File sharing:<\/span><\/li>\n<\/ul>\n<p><img decoding=\"async\" class=\"alignnone size-full wp-image-43590\" src=\"\/us\/en\/blog\/wp-content\/uploads\/2020\/09\/file-sharing-integrations-with-dropbox-and-box.gif\" alt=\"file sharing in RingCentral's cloud collaboration solution\" width=\"800\" height=\"699\" \/><\/p>\n<ul>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Task management:<\/span><\/li>\n<\/ul>\n<p><img decoding=\"async\" class=\"alignnone size-full wp-image-45695\" src=\"\/us\/en\/blog\/wp-content\/uploads\/2020\/12\/ringcentral-app-for-real-estate-new.png\" alt=\"new task in ringcentral app\" width=\"1000\" height=\"539\" \/><\/p>\n<ul>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Masked phone numbers (use one company number)<\/span><\/li>\n<\/ul>\n<hr \/>\n<p class=\"p1\"><span class=\"s1\">\ud83d\udd79\ufe0f<\/span> Get a hands-on look at how some of the fastest-growing startups are using RingCentral by booking a product tour:<\/p>\n<p class=\"p1\"><button data-href=\"#leadform-popup\" class=\"js-open-popup-activator btn primary\" >Choose a time<\/button><\/p>\n<p class=\"p1\"><span class=\"s1\">\ud83d\udcb0<\/span> You can also <a href=\"http:\/\/www.ringcentral.com\/roi-calculator\" target=\"_blank\" rel=\"noopener noreferrer\"><span class=\"s2\"><b>use this calculator<\/b><\/span><\/a><b> <\/b>to see roughly how much your startup could save by using RingCentral to support your team&#8217;s communication with each other\u2014and clients.<\/p>\n<hr \/>\n<h3><span style=\"font-weight: 400;\">2. Start online<\/span><\/h3>\n<p><span style=\"font-weight: 400;\">We\u2019ve given examples of startups that may jump straight into the thick of it, with a rented office and a few employees from the get-go. However, as a new business owner, one of the best ways to keep costs down is to start small.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Depending on your business, you may find that, actually, launching solely online is viable. The COVID pandemic has proven, beyond doubt, that online-only operations work across niches.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">For example, if you\u2019re selling scented candles and homemade gifts, you may find it\u2019s not necessary to have an office or a storefront. In the early stages of your business, you can get by online with good branding and solid marketing.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Even if you\u2019re setting up a digital marketing agency that regularly connects with clients, you don\u2019t need to <\/span><i><span style=\"font-weight: 400;\">meet <\/span><\/i><span style=\"font-weight: 400;\">clients to begin with. Meaning, technology has come a long way even in the last 20 years. <\/span><a href=\"https:\/\/www.ringcentral.com\/online-meetings\/overview.html\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">Video calling <\/span><\/a><span style=\"font-weight: 400;\">has become completely normal for many businesses.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Sure, at some point you\u2019ll want to meet your clients face-to-face and get to know them, but to start you can get by with the right software. Take RingCentral, for instance. It offers a complete solution to communication across the globe. There\u2019s combined video, audio, and<\/span><a href=\"https:\/\/www.ringcentral.com\/us\/en\/blog\/instant-messaging-programs\/\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\"> team messaging<\/span><\/a><span style=\"font-weight: 400;\"> in one app. So, you can stay in touch with clients wherever they are.<\/span><\/p>\n<div class=\"tip\">\n<div class=\"tip-heading\"><b>\ud83d\udca1 Pro-tip:\u00a0<\/b><\/div>\n<p><a href=\"https:\/\/www.ringcentral.com\/us\/en\/blog\/mhps-law-customer-story\/\" target=\"_blank\" rel=\"noopener noreferrer\">See how MHP&amp;S,<\/a> a law firm based in Tennessee, provides an awesome client experience\u2014no matter where its attorneys are.<\/p>\n<\/div>\n<p><span style=\"font-weight: 400;\">There are some exceptions to the rule, however. For example, a real estate agent may prefer to have a physical location to welcome clients and organize viewings in person. This type of business requires a personal touch, which may be challenging to start solely online.\u00a0<\/span><\/p>\n<h3><span style=\"font-weight: 400;\">3. Secure funding for your new business<\/span><\/h3>\n<p><span style=\"font-weight: 400;\">If your idea is exceptionally good, you might not have to front the costs from your own bank account. Small business loans can be limiting for a business because most companies only feel comfortable lending to those with a good reputation or portfolio of other businesses.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Thankfully, there are some other funding options for <a href=\"https:\/\/www.ringcentral.com\/small-business-central\/\" target=\"_blank\" rel=\"noopener noreferrer\">small businesses<\/a> to consider, such as:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Bank loans<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Investors\/lenders<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Small Business Administration (SBA) loan<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Grants<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Crowdfunding<\/span><\/li>\n<li style=\"font-weight: 400;\"><a href=\"https:\/\/www.comparebanks.co.uk\/credit-cards\/best-business-credit-cards\/\"><span style=\"font-weight: 400;\">Credit card<\/span><\/a><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">These options are ideal if you\u2019re struggling to cover upfront costs or having issues with cash flow but truly believe in your business idea. Compile a business plan and highlight why your specific business deserves funding.\u00a0<\/span><\/p>\n<hr \/>\n<p class=\"p1\"><strong>What are the 4 key components of a successful startup?<\/strong><\/p>\n<p class=\"p1\">\n<div class=\"download-form-widget standart-download-form\" data-url=\"http:\/\/netstorage.ringcentral.com\/ebook\/smb_startup.pdf\" data-id=\"69d4aae3bb06b\" id=\"69d4aae3bb06b\">\n\t\t<button tabindex=\"on\"  on=\"tap:69d4aae3bb06b.toggleClass(class='open')\" class=\"open-modal-download-action download-form-button\" type=\"submit\">\ud83c\udf1f Find out here<\/button><\/p>\n<div class=\"download-form-modal\">\n<div class=\"download-form-modal-body\">\n<div class=\"download-form-modal-content\">\n<div class=\"download-form-modal-title\">Learn to bake success into the DNA of your startup<\/div>\n<form class=\"download-form SMB\" method=\"post\">\n<div class=\"download-form-part\">\n\t\t\t\t\t\t\t<input class=\"download-form-input\" aria-label=\"Full Name\" aria-required=\"true\" aria-invalid=\"false\" type=\"text\" name=\"fullname\" placeholder=\"Full Name\" data-dl-events-hover=\"true\" data-dl-element=\"text\" data-dl-additional-info=\"download form\">\n\t\t\t\t\t\t<\/div>\n<div class=\"download-form-part\">\n\t\t\t\t\t\t\t<input class=\"download-form-input\" aria-label=\"Email (please enter a work email address)\" aria-required=\"true\" aria-invalid=\"false\" type=\"email\" autocomplete=\"on\" name=\"email\" placeholder=\"Email (please enter a work email address)\" data-dl-events-hover=\"true\" data-dl-element=\"email\" data-dl-additional-info=\"download form\">\n\t\t\t\t\t\t<\/div>\n<div>\n\t\t\t\t\t\t\t<input type=\"hidden\" name=\"popup_form\" value=\"1\">\n\t\t\t\t\t\t<\/div>\n<div><input type=\"hidden\" name=\"Asset_ID__c\" value=\"ODAM-01423\" class=\"download-form-input\"><\/div>\n<div>\n\t\t\t\t\t\t\t<input type=\"hidden\" name=\"Lead_Entry_Source__c\" value=\"RC Blog\" class=\"download-form-input\"\/>\n\t\t\t\t\t\t<\/div>\n<div class=\"download-form-part\">\n\t\t\t\t\t\t\t<button class=\"download-form-submit\" type=\"submit\" data-dl-element=\"button\" data-no-auto-dl=\"true\" data-dl-additional-info=\"download form\" data-dl-name=\"Get it now\">Get it now<\/button>\n\t\t\t\t\t\t<\/div>\n<\/p><\/form>\n<p> \t\t\t\t\t<button on=\"tap:69d4aae3bb06b.toggleClass(class='open')\" role=\"button\" tabindex=\"0\"  class=\"download-form-modal-close\"><\/button>\n\t\t\t\t<\/div>\n<div class=\"download-form-modal-thank\">Happy launching!<\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/p>\n<hr \/>\n<h2><span style=\"font-weight: 400;\">Are startup costs capitalized or expensed?<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">You don\u2019t just need to know what costs you may face, you must understand how to account for them. Are they capitalized or expensed? This refers to how a cost is treated on your business\u2019s financial statements. Startups have two options when adding costing to their statement, they can either capitalize or expense it.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">If you expense the cost, it\u2019s added onto your income statement and deductible from your revenue to determine profit. But, if you capitalize (also known as amortization), this will count towards capital expenses. This means it\u2019ll be counted as a business asset, and your income statement will only feature the depreciation of the asset.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Because this differs so much for startups, given your equipment and leasing costs (where applicable), no mandatory rule exists. It\u2019s up to you on how you want to categorize your startup costs.<\/span><\/p>\n<h2><span style=\"font-weight: 400;\">When can you write off startup costs?<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Only some startup costs can be written off. Business owners can usually deduct one-time expenses for tax purposes, which can save you money on the final amount of taxes you owe.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Keep track of all your startup costs and set up a meeting with your accountant when it\u2019s time for you to file your tax returns with the IRS.\u00a0<\/span><\/p>\n<h3 class=\"heading h3\">How should my co-founders and I split up the company equity?<\/h3>\n<p><span style=\"font-weight: 400;\">Sometimes, brilliant ideas are formed with the help of more than one person. When this happens, you have co-founders. It is generally not advisable to split the company 50\/50.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">That\u2019s because it can lead to complications, such as lack of control and motivation. It can also be a source of frustration if one co-founder feels like they\u2019re putting in more work than the other. There\u2019s a method called the <a href=\"http:\/\/www.andrew.cmu.edu\/user\/fd0n\/35%20Founders%27%20Pie%20Calculator.htm\" target=\"_blank\" rel=\"noopener noreferrer\">Founders Pie Calculator<\/a><\/span><span style=\"font-weight: 400;\">\u00a0that can help you in your decision.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Establish this split early on, and always put it into writing. This can then be drawn up into a contract at a later date. Once you\u2019ve had this open and honest conversation, you can begin starting your company.<\/span><\/p>\n<h2><span style=\"font-weight: 400;\">Time to calculate your startup expenses<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Now you\u2019ve got an idea of your one-time costs and ongoing costs, you can begin to budget your overall startup costs. Follow these simple steps:\u00a0\u00a0<\/span><\/p>\n<ol>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Create a budget plan listing all initial expenses so you have an idea of upfront costs.<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Then, include ongoing expenses for the next six months.\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Once you have a rough idea of what starting your business will cost you, you can then consider funding options.\u00a0<\/span><\/li>\n<\/ol>\n<p><span style=\"font-weight: 400;\">Don\u2019t forget to cut-down startup costs by <\/span><a href=\"https:\/\/www.ringcentral.com\/us\/en\/blog\/productivity-tips-for-startups\/\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">streamlining your apps<\/span><\/a><span style=\"font-weight: 400;\">\u00a0and not necessarily jumping into renting an office space. With these helpful tips, you\u2019ll be well on your way to giving your business the best chance of success.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Starting a business is no easy feat when you haven\u2019t got much experience. And although it\u2019s an exciting stage, getting your business off the ground requires careful planning and consideration\u2014especially in regards to startup costs. If you\u2019re in the early stages of developing a business and want more information about your startup costs and how &#8230;<\/p>\n","protected":false},"author":29,"featured_media":45758,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[17901,18669,18722],"tags":[],"class_list":["post-45757","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-leadership","category-verticals","category-startups"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v19.3 (Yoast SEO v27.2) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Calculate startup costs: What business owners need to know | RingCentral Blog<\/title>\n<meta name=\"description\" content=\"Starting a business is no easy feat when you haven\u2019t got much experience. And although it\u2019s an exciting stage, getting your business off the ground\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.ringcentral.com\/us\/en\/blog\/startup-costs\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Calculate startup costs: What business owners need to know\" \/>\n<meta property=\"og:description\" content=\"Starting a business is no easy feat when you haven\u2019t got much experience. And although it\u2019s an exciting stage, getting your business off the ground\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.ringcentral.com\/us\/en\/blog\/startup-costs\/\" \/>\n<meta property=\"og:site_name\" content=\"RingCentral Blog\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/ringcentral\" \/>\n<meta property=\"article:published_time\" content=\"2021-01-05T15:07:47+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-03-13T13:21:36+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.ringcentral.com\/us\/en\/blog\/wp-content\/uploads\/2020\/12\/GettyImages-554489607.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"930\" \/>\n\t<meta property=\"og:image:height\" content=\"700\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"RingCentral Team\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@ringcentral\" \/>\n<meta name=\"twitter:site\" content=\"@ringcentral\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"RingCentral Team\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"10 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/newrcblog.wpengine.com\/us\/en\/blog\/startup-costs\/#article\",\"isPartOf\":{\"@id\":\"\/us\/en\/blog\/startup-costs\/\"},\"author\":{\"name\":\"RingCentral Team\",\"@id\":\"https:\/\/newrcblog.wpengine.com\/us\/en\/blog\/#\/schema\/person\/65a168321317ffd562e0d77745f1b358\"},\"headline\":\"Calculate startup costs: What business owners need to know\",\"datePublished\":\"2021-01-05T15:07:47+00:00\",\"dateModified\":\"2025-03-13T13:21:36+00:00\",\"mainEntityOfPage\":{\"@id\":\"\/us\/en\/blog\/startup-costs\/\"},\"wordCount\":2092,\"publisher\":{\"@id\":\"https:\/\/newrcblog.wpengine.com\/us\/en\/blog\/#organization\"},\"image\":{\"@id\":\"https:\/\/newrcblog.wpengine.com\/us\/en\/blog\/startup-costs\/#primaryimage\"},\"thumbnailUrl\":\"\/us\/en\/blog\/wp-content\/uploads\/2020\/12\/GettyImages-554489607.jpg\",\"articleSection\":[\"Business &amp; leadership\",\"Industry insights\",\"Startups\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"\/us\/en\/blog\/startup-costs\/\",\"url\":\"https:\/\/newrcblog.wpengine.com\/us\/en\/blog\/startup-costs\/\",\"name\":\"Calculate startup costs: What business owners need to know | RingCentral Blog\",\"isPartOf\":{\"@id\":\"https:\/\/newrcblog.wpengine.com\/us\/en\/blog\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/newrcblog.wpengine.com\/us\/en\/blog\/startup-costs\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/newrcblog.wpengine.com\/us\/en\/blog\/startup-costs\/#primaryimage\"},\"thumbnailUrl\":\"\/us\/en\/blog\/wp-content\/uploads\/2020\/12\/GettyImages-554489607.jpg\",\"datePublished\":\"2021-01-05T15:07:47+00:00\",\"dateModified\":\"2025-03-13T13:21:36+00:00\",\"description\":\"Starting a business is no easy feat when you haven\u2019t got much experience. And although it\u2019s an exciting stage, getting your business off the ground\",\"breadcrumb\":{\"@id\":\"https:\/\/newrcblog.wpengine.com\/us\/en\/blog\/startup-costs\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/newrcblog.wpengine.com\/us\/en\/blog\/startup-costs\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/newrcblog.wpengine.com\/us\/en\/blog\/startup-costs\/#primaryimage\",\"url\":\"\/us\/en\/blog\/wp-content\/uploads\/2020\/12\/GettyImages-554489607.jpg\",\"contentUrl\":\"\/us\/en\/blog\/wp-content\/uploads\/2020\/12\/GettyImages-554489607.jpg\",\"width\":930,\"height\":700,\"caption\":\"startup costs\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/newrcblog.wpengine.com\/us\/en\/blog\/startup-costs\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"\/us\/en\/blog\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Calculate startup costs: What business owners need to know\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/newrcblog.wpengine.com\/us\/en\/blog\/#website\",\"url\":\"https:\/\/newrcblog.wpengine.com\/us\/en\/blog\/\",\"name\":\"RingCentral Blog\",\"description\":\"Intelligent Communications\",\"publisher\":{\"@id\":\"https:\/\/newrcblog.wpengine.com\/us\/en\/blog\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/newrcblog.wpengine.com\/us\/en\/blog\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/newrcblog.wpengine.com\/us\/en\/blog\/#organization\",\"name\":\"RingCentral\",\"url\":\"https:\/\/newrcblog.wpengine.com\/us\/en\/blog\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/newrcblog.wpengine.com\/us\/en\/blog\/#\/schema\/logo\/image\/\",\"url\":\"\/us\/en\/blog\/wp-content\/uploads\/2025\/04\/ringcentral-logo.png\",\"contentUrl\":\"\/us\/en\/blog\/wp-content\/uploads\/2025\/04\/ringcentral-logo.png\",\"width\":2048,\"height\":309,\"caption\":\"RingCentral\"},\"image\":{\"@id\":\"https:\/\/newrcblog.wpengine.com\/us\/en\/blog\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/ringcentral\",\"https:\/\/x.com\/ringcentral\",\"https:\/\/www.linkedin.com\/company\/ringcentral\/\",\"https:\/\/www.instagram.com\/ringcentral\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/newrcblog.wpengine.com\/us\/en\/blog\/#\/schema\/person\/65a168321317ffd562e0d77745f1b358\",\"name\":\"RingCentral Team\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/secure.gravatar.com\/avatar\/9a8d989fa7e72af5bd5cf487cf7080318b695de4be89de382c5e64305dd0249c?s=96&d=mm&r=g\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/9a8d989fa7e72af5bd5cf487cf7080318b695de4be89de382c5e64305dd0249c?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/9a8d989fa7e72af5bd5cf487cf7080318b695de4be89de382c5e64305dd0249c?s=96&d=mm&r=g\",\"caption\":\"RingCentral Team\"},\"sameAs\":[\"https:\/\/www.ringcentral.com\"],\"url\":\"\/us\/en\/blog\/author\/ringcentral-team\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Calculate startup costs: What business owners need to know | RingCentral Blog","description":"Starting a business is no easy feat when you haven\u2019t got much experience. And although it\u2019s an exciting stage, getting your business off the ground","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.ringcentral.com\/us\/en\/blog\/startup-costs\/","og_locale":"en_US","og_type":"article","og_title":"Calculate startup costs: What business owners need to know","og_description":"Starting a business is no easy feat when you haven\u2019t got much experience. And although it\u2019s an exciting stage, getting your business off the ground","og_url":"https:\/\/www.ringcentral.com\/us\/en\/blog\/startup-costs\/","og_site_name":"RingCentral Blog","article_publisher":"https:\/\/www.facebook.com\/ringcentral","article_published_time":"2021-01-05T15:07:47+00:00","article_modified_time":"2025-03-13T13:21:36+00:00","og_image":[{"width":930,"height":700,"url":"https:\/\/www.ringcentral.com\/us\/en\/blog\/wp-content\/uploads\/2020\/12\/GettyImages-554489607.jpg","type":"image\/jpeg"}],"author":"RingCentral Team","twitter_card":"summary_large_image","twitter_creator":"@ringcentral","twitter_site":"@ringcentral","twitter_misc":{"Written by":"RingCentral Team","Est. reading time":"10 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/newrcblog.wpengine.com\/us\/en\/blog\/startup-costs\/#article","isPartOf":{"@id":"\/us\/en\/blog\/startup-costs\/"},"author":{"name":"RingCentral Team","@id":"https:\/\/newrcblog.wpengine.com\/us\/en\/blog\/#\/schema\/person\/65a168321317ffd562e0d77745f1b358"},"headline":"Calculate startup costs: What business owners need to know","datePublished":"2021-01-05T15:07:47+00:00","dateModified":"2025-03-13T13:21:36+00:00","mainEntityOfPage":{"@id":"\/us\/en\/blog\/startup-costs\/"},"wordCount":2092,"publisher":{"@id":"https:\/\/newrcblog.wpengine.com\/us\/en\/blog\/#organization"},"image":{"@id":"https:\/\/newrcblog.wpengine.com\/us\/en\/blog\/startup-costs\/#primaryimage"},"thumbnailUrl":"\/us\/en\/blog\/wp-content\/uploads\/2020\/12\/GettyImages-554489607.jpg","articleSection":["Business &amp; leadership","Industry insights","Startups"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"\/us\/en\/blog\/startup-costs\/","url":"https:\/\/newrcblog.wpengine.com\/us\/en\/blog\/startup-costs\/","name":"Calculate startup costs: What business owners need to know | RingCentral Blog","isPartOf":{"@id":"https:\/\/newrcblog.wpengine.com\/us\/en\/blog\/#website"},"primaryImageOfPage":{"@id":"https:\/\/newrcblog.wpengine.com\/us\/en\/blog\/startup-costs\/#primaryimage"},"image":{"@id":"https:\/\/newrcblog.wpengine.com\/us\/en\/blog\/startup-costs\/#primaryimage"},"thumbnailUrl":"\/us\/en\/blog\/wp-content\/uploads\/2020\/12\/GettyImages-554489607.jpg","datePublished":"2021-01-05T15:07:47+00:00","dateModified":"2025-03-13T13:21:36+00:00","description":"Starting a business is no easy feat when you haven\u2019t got much experience. And although it\u2019s an exciting stage, getting your business off the ground","breadcrumb":{"@id":"https:\/\/newrcblog.wpengine.com\/us\/en\/blog\/startup-costs\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/newrcblog.wpengine.com\/us\/en\/blog\/startup-costs\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/newrcblog.wpengine.com\/us\/en\/blog\/startup-costs\/#primaryimage","url":"\/us\/en\/blog\/wp-content\/uploads\/2020\/12\/GettyImages-554489607.jpg","contentUrl":"\/us\/en\/blog\/wp-content\/uploads\/2020\/12\/GettyImages-554489607.jpg","width":930,"height":700,"caption":"startup costs"},{"@type":"BreadcrumbList","@id":"https:\/\/newrcblog.wpengine.com\/us\/en\/blog\/startup-costs\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"\/us\/en\/blog\/"},{"@type":"ListItem","position":2,"name":"Calculate startup costs: What business owners need to know"}]},{"@type":"WebSite","@id":"https:\/\/newrcblog.wpengine.com\/us\/en\/blog\/#website","url":"https:\/\/newrcblog.wpengine.com\/us\/en\/blog\/","name":"RingCentral Blog","description":"Intelligent Communications","publisher":{"@id":"https:\/\/newrcblog.wpengine.com\/us\/en\/blog\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/newrcblog.wpengine.com\/us\/en\/blog\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/newrcblog.wpengine.com\/us\/en\/blog\/#organization","name":"RingCentral","url":"https:\/\/newrcblog.wpengine.com\/us\/en\/blog\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/newrcblog.wpengine.com\/us\/en\/blog\/#\/schema\/logo\/image\/","url":"\/us\/en\/blog\/wp-content\/uploads\/2025\/04\/ringcentral-logo.png","contentUrl":"\/us\/en\/blog\/wp-content\/uploads\/2025\/04\/ringcentral-logo.png","width":2048,"height":309,"caption":"RingCentral"},"image":{"@id":"https:\/\/newrcblog.wpengine.com\/us\/en\/blog\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/ringcentral","https:\/\/x.com\/ringcentral","https:\/\/www.linkedin.com\/company\/ringcentral\/","https:\/\/www.instagram.com\/ringcentral"]},{"@type":"Person","@id":"https:\/\/newrcblog.wpengine.com\/us\/en\/blog\/#\/schema\/person\/65a168321317ffd562e0d77745f1b358","name":"RingCentral Team","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/9a8d989fa7e72af5bd5cf487cf7080318b695de4be89de382c5e64305dd0249c?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/9a8d989fa7e72af5bd5cf487cf7080318b695de4be89de382c5e64305dd0249c?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/9a8d989fa7e72af5bd5cf487cf7080318b695de4be89de382c5e64305dd0249c?s=96&d=mm&r=g","caption":"RingCentral Team"},"sameAs":["https:\/\/www.ringcentral.com"],"url":"\/us\/en\/blog\/author\/ringcentral-team\/"}]}},"rc_img_url":"\/us\/en\/blog\/wp-content\/uploads\/2020\/12\/GettyImages-554489607.jpg","rcblog_by_author":"<a href=\"\/us\/en\/blog\/author\/ringcentral-team\/amp\" data-dl-events-click=\"true\" data-dl-element=\"link\"><span class=\"image\"><img src=\"https:\/\/secure.gravatar.com\/avatar\/9a8d989fa7e72af5bd5cf487cf7080318b695de4be89de382c5e64305dd0249c?s=96&d=mm&r=g\" alt=\"\" width=\"30\" height=\"30\" layout=\"fixed\"><\/img><\/span><span class=\"by-author-name\">RingCentral Team<\/span><\/a>","rc_author_full_name":"RingCentral Team","rc_author_avatar":"\/us\/en\/blog\/wp-content\/uploads\/2022\/02\/ringcentral-logo-new.png","rc_author_link":"\/us\/en\/blog\/author\/ringcentral-team\/amp","rc_post_categories":"<a href=\"\/us\/en\/blog\/category\/trending\/business-leadership\/amp\">Business &amp; leadership<\/a><a href=\"\/us\/en\/blog\/category\/verticals\/amp\">, Industry insights<\/a><a href=\"\/us\/en\/blog\/category\/verticals\/startups\/amp\">, Startups<\/a>","amp_link":"\/us\/en\/blog\/startup-costs\/amp","excerpt_title":"Calculate startup costs: What business owners need to know","_links":{"self":[{"href":"https:\/\/newrcblog.wpengine.com\/us\/en\/blog\/wp-json\/wp\/v2\/posts\/45757","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newrcblog.wpengine.com\/us\/en\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newrcblog.wpengine.com\/us\/en\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newrcblog.wpengine.com\/us\/en\/blog\/wp-json\/wp\/v2\/users\/29"}],"replies":[{"embeddable":true,"href":"https:\/\/newrcblog.wpengine.com\/us\/en\/blog\/wp-json\/wp\/v2\/comments?post=45757"}],"version-history":[{"count":0,"href":"https:\/\/newrcblog.wpengine.com\/us\/en\/blog\/wp-json\/wp\/v2\/posts\/45757\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newrcblog.wpengine.com\/us\/en\/blog\/wp-json\/wp\/v2\/media\/45758"}],"wp:attachment":[{"href":"https:\/\/newrcblog.wpengine.com\/us\/en\/blog\/wp-json\/wp\/v2\/media?parent=45757"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newrcblog.wpengine.com\/us\/en\/blog\/wp-json\/wp\/v2\/categories?post=45757"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newrcblog.wpengine.com\/us\/en\/blog\/wp-json\/wp\/v2\/tags?post=45757"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}