Saving to Start a Business

Starting a Business

Most new businesses get started out of personal savings. The amount of money you will need to start yours depends on the initial outlay of funds you'll need to get started, plus the number of months of ongoing expenses you'll want to have saved in advance to pay your business expenses before the revenue from your operations can pay for them. Typical startup expenses include such things as office furnishings, equipment needed to operate your business and your initial stock of inventory. Once the business is started, you'll have initial expenses that you'll need to pay for, such as employee salaries, rent, utilities, etc.

Information presented in the Financial Advice website is provided for educational purposes only and is not related to Ameris Bank's actual products or services. Ameris Bank makes no representations as to the accuracy, completeness or specific suitability of any information presented. Information provided should not be relied on or interpreted as accounting, financial planning, investment, legal or tax advice. Ameris Bank recommends you consult a professional for any specific guidance you are seeking.