How much money does it take to make a skateboard company?

Question

hi,i am 26 and i am towards the end of my skating carrer.i have been sponsered since i was 16 and now i just want to accomplish starting a skateboard company.i have aready got the name and i drew out the graphics myself but i need to know how much money does it take so i am prepared.

Answer 1

I checked ur Q & A and you answer a. 2 every question!!!!

Answer 2

You would most likely need start up capital of approximately $300,000+ for the following:

store rent, renovation of the store, insurance, employee(s), advertising, inventory, office equipment, pos software, and let's not forget a salary for yourself.

You will need to draft up a business plan in order to secure finances from a lender and/or investors.