Starting a business comes with more than just your ambition and ideas – there are costs associated with getting your venture off the ground. These costs can range from small, one-time fees to ongoing expenses throughout the life of your enterprise. Examples include incorporating your business, licensing, purchasing or leasing equipment and property, acquiring permits or certifications, hiring staff and consultants, advertising, and other start-up related expenditures. Understanding the cost of starting a business is critical for entrepreneurs who want to ensure that their venture succeeds. By having a solid grasp on the expected costs, you can establish a clear budget before you launch and avoid any unpleasant surprises down the road.