Spiegel Sohmer
Spiegel Sohmer is a firm of attorneys offering state-of-the-art expertise to a diversified business clientele seeking solutions that are innovative, concrete, and pragmatic. Our firm groups some forty five attorneys who concentrate principally within three broad specialties: business law (including Intellectual Property), tax law and litigation. Spiegel Sohmer has extensive experience representing companies at all stages of their life cycle, from start up through to exit, and also represents a wide array of investors: www.spiegelsohmer.com

Richter
Richter is, above all, a financial consulting services firm offering strategic support and has been a recognized member of the business community since 1926. Richter entire team consists of more than 450 partners, experts, high-level professionals and administrative employees. Because of this collective expertise, our firm has an unrivalled reputation and has earned the respect of the business community: www.richter.ca

Futurpreneur
Futurpreneur Canada is the only national, non-profit organization to provide financing, mentoring, and support tools for every business stage to aspiring business owners and startup founders: www.futurpreneur.ca

La Gare
La Gare is a collaborative workspace. A place to work, connect and learn in the heart of the Mile End. It is a rallying point for the community. It is a welcoming and collaborative workspace for entrepreneurs, designers, artists, freelancers, social entrepreneurs, small teams and entrepreneurially-minded employees. It also offers close proximity to a dense network of clients, suppliers, partners and collaborators.

The Cost of Running A Startup (Infographic)

Posted by Jonathan Greechan 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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