Setting up a small business?

Businesses without adequate funding are likely to fail within their first year.

An experienced consultant can assist you in understanding the expenses that small business owners can expect. These expenses include cash flow management, planning, budgeting and having a realistic understanding of establishment costs and ongoing expenses.

Set up costs

  • Advanced rent
  • Security deposit or bond
  • Fit-out of premises (furnishings, signage, etc)
  • Telecommunication
  • Utilities
  • Equipment (computers, motor vehicles, etc)
  • Stock and/or raw materials
  • Advertising and promotion
  • Licences, trademarks, registrations and permits
  • Insurance (building, contents, workers compensation, motor vehicle, public liability, professional indemnity)
  • Wages and salaries (includes superannuation, holiday leave and sick leave)
  • Staff uniforms and personal protective equipment.

Ongoing costs

  • Wages and salaries
  • Workers compensation insurance
  • Staff amenities including parking
  • Rent, rates, taxes on premises or mortgage interest
  • Bank interest and merchant-related fees
  • Repairs and maintenance of premises
  • Upkeep of equipment
  • Security
  • Stock and/or raw materials
  • Bank fees, interest on loans
  • Leasing or hire purchase costs
  • Advertising
  • Market research
  • Telecommunications and Internet
  • Office supplies, printing and postage
  • Consultants, Accountant, Solicitors and other professional fees
  • Packaging materials, delivery and freight
  • Professional memberships
  • Staff training
  • Inspections, registrations, licensing and permits

Contact Us

Pacific1 Finance can assist you with obtaining both short term finance and ongoing finance for your business. Contact us for more information.