Activity: Start-up costs and needs

Working backwards from your distribution plans, what do you need to successfully launch your business? 

Remember, these can include both objects and activities that you’ll need to start and run your business. Some of your costs may be fixed costs - those that do not depend on the quantity of goods and services produced by your business, while other costs may be variable costs - those that change as the quantity of the goods or services produced by your business changes. 

Just like the other aspects of the lean canvas, you’ll learn more about what your costs will be as you continue testing your business idea, so think of this as a first draft! Take a few minutes to respond to the following prompts: