Estimated Business Expenses

Estimated Business Expenses

Estimated Business Expenses

This chart covers the basic startup costs for a massage practice. In this example, it costs between $7,500 and $9,000 (and possibly more) to open a practice and at least another $7,500 to operate it for six months. If you plan for massage to be your sole source of income, ideally, you would have $16,000 plus six months of personal living expenses before opening your practice. Keep in mind your actual costs might vary.

Initial Expenses

Estimates Cost ($)

Opening Business Checking Account 100
Telephone 200
Equipment 1,000
First and Last Month's Rent and Security Deposit 1,500
Permits 150
Business Cards, Brochures, Stationary 400
Logo 250
Website Design and Hosting 500
Opening Promotion Package (Optional) 1,000+
Decorations 100
Office Supplies 300
Furniture, Music System, CDs, Linens, Clothes 1,000+
Inventory for Product Sales (Optional) 1,000
Total $7,500
Annual Expenses Estimated Cost ($)
Property Insurance  200
Business License 150
Liability Insurance 250
Professional Association Membership 250
Legal and Accounting Fees 450
Web Hosting 200
Total $1,500
Common Monthly Expenses Estimated Cost ($)
Rent 400 X 6 = 2,400
Utilities 50 X 6 = 300
Telephone  75 X 6 = 450
Bank Fees and Credit Card Processing 40 X 6 = 240
Supplies and Postage 75 X 6 = 450
Networking Club Dues 40 X 6 = 240
Education 50 X 6 = 300
Promotion 200 X 6 = 1,200
Internet Access 20 X 6 - 120
Repair, Maintenance and Cleaning Service 75 X 6 = 450
Travel Expenses 30 X 6 = 180
Inventory  200 X 6 = 1,200
Business Loan Payments ?
Personal Draw/Salary ?
Total Six-Month Budget (without personal expenses) $7,530

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