There is an old saying: 'In order to make money, you have to spend money.' This is true when starting your own business. When you first start your business, there will be different things you'll need to purchase to run your business.
In the chart below, you need to record all of the items you think you will need to purchase before you can start your business. You may need to purchase your products or material to create your products if you are making them yourself. Don't forget to include other expenses such as travel, wages for employees if you have them, and any other cost you can think of.