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According to business operation standards, some of the start-up costs that the business has include licensing and permits.

Meaning of Startup Cost

Startup Costs is the cost or expenses business incurred during the stages of establishing a new business.

Some of the Startup Cost

  • Research expenses
  • Loan costs
  • Cost for technology
  • Advertisement cost
  • Promotional cost
  • Employee salaries
  • Insurance
  • Office supplies and utilities, etc.

Hence, in this case, it is concluded that the cost of a Startup can be numerous depending on the nature of the business.

Learn more about Startups here: https://brainly.com/question/15884862