How it could take more than two years to start your business
The New York Times has a frightening piece on a San Francisco ice cream shop that fought the city’s permits and regulations for two years before it could open. It wasn’t the costs alone, but the regulations and the delays that can eat up costs.
As the article describes, particular costs she faced included:
$20,000 in permit fees
$11,000 to turn on the water
Creating a map of the businesses of all existing businesses in the area because the city didn’t have one.
At the end of the day, the owner remains optimistic and is excited about her prospects. But then again, isn’t that definition of an entrepreneur? We wish her luck but if you are concerned about starting your business, contact us and see if we can help you.