Startup Cost Calculator
Calculate exactly how much you need to launch your service business. Get realistic estimates based on your trade and location.
Select Your Trade & Location
One-Time Startup Costs
Legal & Administrative
$2,275Equipment & Tools
$7,800Vehicle
$5,600Alternative to full purchase
Marketing & Branding
$3,775Free
Technology
$1,750If needed
Initial Inventory
$1,800First Year Operating Costs
Enter monthly amounts (annual items marked)
Insurance
$710/moVehicle Operating
$700/moIf financing
Recurring Expenses
$850/moCash Reserve
Critical: Most new businesses fail due to cash flow issues, not lack of skills. Having 3-6 months of operating expenses in reserve is essential for survival during slow periods.
= $6,780
For unexpected repairs, health issues, etc.
For slow seasons in your trade
Results Summary
One-Time Startup
$23.0k
First Year Operating
$27.1k
Cash Reserve
$11.8k
TOTAL TO LAUNCH
$61.9k
Cost Breakdown
Funding Options
| Source | Typical Amount | Notes |
|---|---|---|
| Personal Savings | $5,000-$50,000 | No interest, no approval needed |
| Business Credit Card | $5,000-$25,000 | Quick access, high interest rates |
| Personal Loan | $5,000-$50,000 | Fixed payments, lower rates than cards |
| SBA Microloan | $500-$50,000 | Low rates, requires business plan |
| Equipment Financing | Up to 100% of equipment | Equipment as collateral |
| Friends/Family | Varies | Put terms in writing |
| Home Equity | $10,000-$100,000+ | Low rates, risk to home |
Break-Even Projection
Monthly operating costs: $2,260
$150 avg job
16
jobs/month
$300 avg job
8
jobs/month
$500 avg job
5
jobs/month
$1000 avg job
3
jobs/month
- Buy used tools and equipment from retiring contractors or auctions
- Start with essential tools only - add specialty items as needed
- Use free or low-cost marketing initially (Google Business, Nextdoor, referrals)
- Work from home initially instead of renting shop space
- Consider a used vehicle with low mileage
- DIY your website with templates initially
- Lease equipment instead of buying where possible
- Join industry associations for discounts on insurance and supplies
Ready to Get Your First Customers?
Now that you know your startup costs, the next step is getting customers fast. Nearleap connects you with homeowners actively searching for your services. Start building your customer base from day one.
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