I am in the process of obtaining a bank loan for my new office that I plan to open in the coming months. Can someone give me an idea of a typical office expense (say monthly), excluding marketing campaigns. I need the estimates to be included in my business plan for a SBA loan.
The office will be run my one person, myself. Its rental will be $1,200 dollars amonth. I know how much I will need for office furniture, computers, fax, phone , internet, etc. I already made my arrangements
I am looking for estimates of publications fees, subscription fees, national and state organization membership fees, legal fees, etc.
I am a new personal lines broker in So Ca and I pay about $2000 a month in expenses. This includes everything. I have been a broker just over a year. I was a captive agent 4 years prior.
If you're looking for cost to join the PIA or Big I or any other assn, you need to contact them since the dues schedule is based on variables with all of them. As far as publications, you can get the Ins Journal & Rough Notes for free. Don't forget to include your own insurance costs though - E&O & office insurance.
Alal, besides basic office and your advertising expense, your next highest expenditure would probably be your E & O. Of course, if you plan on working by yourself, you won't have to worry about salary but as you grow, you will need some help ie. CSR