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Old 07-14-2008
PixieinNy PixieinNy is offline
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Default Start-Up Cost
Hi Everyone!

I have a couple of questions for all of you.

1. How much was your start-up cost?
2. How long before you started with your 1st client?

I want to be realistic with my goals and expenditure. All your inputs will be appreciated.

Many Thanks,

Pixie
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Old 07-14-2008
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kathiemt kathiemt is offline
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Default Re: Start-Up Cost
How long is a piece of string?

Kind of depends on a number of things for both questions. Re start up costs, if you already have the computer, printer you need and the software you want to use for providing services, then additional things would be stationery, a website, web hosting (don't use any of those free websites that have banners, etc on them), and so on. If you don't have a computer, phone, desk, printer, etc then obviously the costs are going to be much higher.

How long it took to get started with my first client? I had him lined up before I even opened my doors for business - I put out feelers before I got started and kept networking and talking to people. I still do today, over 14 years later.

Hope this helps.
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Old 07-14-2008
PixieinNy PixieinNy is offline
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Default Re: Start-Up Cost
Thanks Kathie!

I already have the computer, printer, phone, internet connection.As for software, I have MS Office, Adobe, Outlook. I'm still assessing what services I'd offer and then I'll add the additional software that's needed. As for webhosting, I'm planning on going with Yahoo Small Business.

Where did you send your feelers? Locally or virtually or both? I want to do just the same but I don't know where to start.

Pixie
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Old 07-14-2008
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kathiemt kathiemt is offline
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Default Re: Start-Up Cost
Originally Posted by PixieinNy View Post
Thanks Kathie!

I already have the computer, printer, phone, internet connection.As for software, I have MS Office, Adobe, Outlook. I'm still assessing what services I'd offer and then I'll add the additional software that's needed. As for webhosting, I'm planning on going with Yahoo Small Business.

Where did you send your feelers? Locally or virtually or both? I want to do just the same but I don't know where to start.

Pixie
Feelers? You mean for clients? I started before the internet so definitely locally but I still recommend that even today. Until you've gained confidence in what you're doing and how to sell your services, then often it's easier picking up new clients on a face-to-face basis. And if others know how good you are at what you do, they could also be recommending you. People such as family, friends, former work colleagues, etc.
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Old 07-14-2008
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Monique Monique is offline
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Default Re: Start-Up Cost
Hi Pixie,

I just started by VA practice on April 23, 2008 and just as Kathie stated it just depends. There are alot of variables that just depend on your specific business needs.

My start up costs were roughly $500 within the month I started. But I already had the computer and software. So I had to purchase everything else.

So between April and May I roughly had costs around $900. Again, this will be different for each VA based on certain business decisions each of us make about our businesses.

As for my 1st client, I just got one the another both in this month. And Again, I agree with Kathie I do a tone of networking locally and just under a ton online.

I'm still feeling my around the online marketing thing. There is alot to it. Hope this helps. Good Luck.
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Old 07-14-2008
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Prime Admin Solutions Prime Admin Solutions is offline
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Default Re: Start-Up Cost
I spent a lot when I started up. I bought a new computer because my laptop was 4 years old and slow and I also bought a colour laser printer. I thought that would be useful for marketing and doing brochures, etc. I probably spent $2K starting up (including $300 to join the Chamber of Commerce). I got my first client within a month.
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Old 07-14-2008
EliteBiz EliteBiz is offline
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Default Re: Start-Up Cost
My biggest expense was a brand new laptop I bought myself. I filed my DBA in March and am still working on my first client. My expenses right now are minimal monthly expenses for directories, web hosting and things like that. Hope that helps!
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