Costs to consider when starting an online business

Key takeaways

First, you’ll need to register your business, where you’ll pay for registration fees and business licences.
You can finance your business yourself or raise funds through investors or a loan.
To set up your online business, you’ll need to invest in all things digital, including domain name and hosting, a broadband connection, and cybersecurity.
Once your business is up and running, you’ll need to cover costs for managing and growing your business.

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