There are two kinds of start-up cost, investigatory costs and preopening costs.
Investigatory costs are those incurred in researching the need for your potential business or trade. These costs relate to your decision whether or not to open or acquire the business, and also which particular business to start or purchase.
Examples of investigatory costs are analysis of the products, labor supply, or transportation;
Preopening costs are those costs incurred after you’ve made the decision to open the business or trade but before you actually being the business.... see more at http://www.SpeedyCPA.com
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Zev has 14 years of wide-ranging business experience. Zev has a Bachelors in Business Administration from the University of Phoenix and a Masters in Accounting and Information Management from the University of Texas at Dallas (and a member of Beta Gamma Sigma – Business Honor Society). He is a Certified Public Accountant (CPA). Zev enjoys spending time with his family, learning Talmud, listening to music, and hiking in the beautiful Rocky Mountains.