Much Shelist

Much Shelist is a full-service law firm serving start-up, small and mid-market businesses, and venture capital investors, private equity funds and family offices that invest in them and support their growth.  The firm advises early-stage technology and growth enterprises in start-up matters and venture capital transactions.  Much Shelist continues to support those enterprises as they grow by providing advice on the full spectrum of legal and business matters a start-up or growth-stage company is likely to encounter, including issues related to employees and other service providers, intellectual property rights and licensing, and negotiations with vendors and strategic partners.  The firm also represents clients in litigation, mergers and acquisitions and other extraordinary matters.  Much Shelist is headquartered in Chicago and has a branch office in California.

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?

 

       

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