Cost of production or providing the service

Whatever you need to know about the pricing

​This part is very important because this is the first part which helps you to have a better understanding of your costs. You should every time review your costs. Therefore, in these parts, we will understand more about the basic cost to build your business. You may produce a physical product or offer services. Moreover, in both cases, you will need to buy from other people. If you’re in production you need raw materials and if you offer services, you need to use other people’s time and pay them. So, you will have costs in any case. These costs would be one time cost or monthly costs. Hence, it’s better to have a good understanding and detail review of each cost group. In the table below you will find the most costs, you will have in the future. Some of these costs may possess to you and some of them may not. Anyhow it’s better to gather as much as you can at the beginning.