Gold Sponsors

Wilson Sonsini Goodrich & Rosati  is the premier legal advisor to technology and growth enterprises worldwide, as well as the investment banks and venture capital firms that finance them. Over the past four decades, Wilson Sonsini Goodrich & Rosati has established its reputation by having an unmatched knowledge of its clients' industries and deep and long-standing contacts throughout the technology sector. 

Silicon Valley Bank  The Corporate Venture team at Silicon Valley Bank works closely with the most well-known corporations and corporate venture capital groups to provide best-in-class access to the venture capital community and startup markets. At the center of the innovation economy, SVB’s corporate relationship management intersects with all areas of the bank and allows the Corporate Venture team to provide clients with a wide range of services such as deal sourcing, syndicated investments, access to quality startups and corporate executives, and unique insight and market analytics.

Promotional Partners

The Cost of Running A Startup (Infographic)

Posted by Amity Sims on 2013-10-29

Running a startup is not an easy task or venture. There are a lot of critical factors to consider. One of which would have to be the cost.

While most entrepreneurs would focus on the costs of running a team, hiring people and establishing processes, it is also worth noting that the location of a certain startup could also make a huge difference in the cost to run it.

These are the figures Staff.com compiled, which look at how much it would cost to run a basic startup with two web developers, a web designer and an office space in eight major cities around the world. Zurich, Sydney, New York, San Francisco, London, Paris, Mumbai, and Manila were included in the research. While this doesn't cover every major city, it gives an idea of how geographical location can make such a huge difference.

For instance, Zurich is one of the most expensive cities to run a startup. You can save 80% of costs when you decide to operate your startup in Manila instead of in Zurich. The developers in New York are paid way more than the developers in London and Paris, even though the office space is cheaper in the former than in the two latter cities.

These facts are all essential deciding factors. Check them out. Will they change your mind in considering where to run your startup?

 

       

Like this article?

Subscribe to our NewsletterAttend a Free Event

Feedback Form

We welcome your feedback to improve the Institute. Please contact us using the form below, and we will get back to you promptly.
Your Email Address:
Message to the Institute:
What is ? (enter the answer below):
Close Window