Again, more than just paperwork. “Signing a lease” is just paperwork. What you do AFTER you sign the lease is what runs the business and you aren’t doing that on a couple hundred dollars.
"On average, small business owners spend $40,000 in their first full year. (Shopify)
The business formation fee (initial incorporation filing fee + report fees needed to maintain an LLC) is the least expensive at about $50 to $500. The most expensive cost can be equipment, typically $10,000 to $130,000. (Stripe, FreshBooks)
77 percent of startups without employees used personal funds to finance their business (Fed Small Business)
The top financial challenges for nonemployer startups are increased costs of goods, services and wages, and handling operating expenses and uneven cash flow. (Fed Small Business)
Average hourly pay for an administrative assistant is $22. (Salary)
Average cost to build a website using a website builder is $120 to $360 per year. (WebsiteBuilderExpert)
Average cost of adding a new employee to your payroll usually ranges from $4,000 to $20,000, not including employee salary and benefits. (Indeed)"
you’re picking out all the possible extra things you might do if you start certain kinds of businesses. None of this is required to own a business you literally have to fill out a few forms and you’re legal in most if not all states.
that’s almost entirely just paperwork, and you clearly didn’t read my comment which carved out these kinds of expenses.
Again, more than just paperwork. “Signing a lease” is just paperwork. What you do AFTER you sign the lease is what runs the business and you aren’t doing that on a couple hundred dollars.
https://www.bankrate.com/loans/small-business/small-business-average-cost/
"On average, small business owners spend $40,000 in their first full year. (Shopify)
The business formation fee (initial incorporation filing fee + report fees needed to maintain an LLC) is the least expensive at about $50 to $500. The most expensive cost can be equipment, typically $10,000 to $130,000. (Stripe, FreshBooks)
77 percent of startups without employees used personal funds to finance their business (Fed Small Business)
The top financial challenges for nonemployer startups are increased costs of goods, services and wages, and handling operating expenses and uneven cash flow. (Fed Small Business)
Average hourly pay for an administrative assistant is $22. (Salary)
Average cost to build a website using a website builder is $120 to $360 per year. (WebsiteBuilderExpert)
Average cost of adding a new employee to your payroll usually ranges from $4,000 to $20,000, not including employee salary and benefits. (Indeed)"
you’re picking out all the possible extra things you might do if you start certain kinds of businesses. None of this is required to own a business you literally have to fill out a few forms and you’re legal in most if not all states.
Cited sources suck, don’t they?
https://www.lendingtree.com/business/startup-costs-by-industry/