Startup Costs refer to the expenditures incurred during the launch of a new business. These costs may include infrastructure investments, such as office space rental, furniture, legal and accounting advice, marketing materials and more. Startups also need enough funds to cover operational expenses like day-to-day operations, payroll and inventory until their businesses become self-sustaining. It’s important for entrepreneurs to plan for these costs before launching a new venture in order to ensure that they have the resources necessary to achieve their goals.