Costs for businesses 0.0 / 5 ? Applied BusinessCosts for businessesGCSEAll boards Created by: 13bcCreated on: 27-02-18 11:26 What are start up costs? Start up costs are costs that are paid when starting the business. 1 of 6 Give 3 examples of a start up cost 1) Property 2) Computers 3) Vehicles 2 of 6 What are running costs? Running costs are costs that are paid on a regular basis. 3 of 6 Give 3 examples of running costs 1) Utility bills 2) Staff 3) fuel 4 of 6 What are renewal costs? Renewal costs are costs that are used to repair exsisting assets such as vehicles or property. 5 of 6 What are expansion costs Expansion costs are costs that are used to buy new assets such as new property. 6 of 6
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