8.1 Start-up costs

Total start-up costs (including office rent, buying of computers and equipment, internet and communications and others) will be equal 150 000 Euro.

These expenditures are necessary to conduct consulting operations in the first year. Details of the start-up costs depicted in the Table 11.

Table 11. Start up costs

The total office rented area is 100 square meters; the rate is 500 Euro for 1 square meter per half a year. Computers and equipment will be installed for 14 people. Cash is considered as a reserve for paying salaries.