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Question: How much money would i need to start a business?
(Posted by: My name is... on 2010-03-10 01:26:32)
I'm an American living in Japan. I want to start an American style pizzeria and sandwich/ deli place in Tochigi prefecture (1.5 hours north of Tokyo). In Japan, I'm not required to have any money to actually start the business, but I'll need it for equipment, renting out a store space, and any remodeling I'll want. Also I'll need to have $30, 000 in hand after three years of business to give to the government. Right now I earn about $2000 a month (200, 000 yen exactly) from my current work. I want to give the Japanese authentic American style pizzas and sandwiches, which they severely lack even in Tokyo. To add to the funds, I want to start my own deli with a variety of cheeses and cured meats (I'll try to make them myself) since I've never seen one in Japan before. I'll need equipment relating to that as well. I plan to grow my own garden of vegetables, but of course I'll have to buy some food products too. Then I'll have to pay employees, an accountant and a lawyer. With all of this added up, how much do you estimate I'll need to actually start the business? US Dollars are ok to use for estimation. |