Initial startup costs, or start-up expenses, are the one-time costs associated with launching a business. These include costs such as registering for business licenses and permits, building a website, purchasing logo design and branding materials, and any other upfront investments necessary to get your business up and running. All of these costs must be paid before you start generating any revenue or income for your business. By properly budgeting for your start-up costs, you can ensure that you have the funds necessary to kickstart your venture.