Being an optimist is never a bad thing -- except when determining how much it will cost to start a business. I don't want to sound like a Debbie Downer, but in my experience it is better to plan on the worst and hope for the best when it comes to start-up expenses.
A Wells Fargo/Gallup Small Business Index study found, "Small-business owners spend an average of $10,000 to start their businesses. Seventy-three percent of business owners surveyed primarily funded their businesses with their own personal savings, while 37 percent obtained loans and lines of credit."
Interested in figuring out how much your dream home business might cost you? Check out this helpful start-up expense calculator by Entrepreneur.
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Has the thought of financing your business kept you from starting?
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