ECONOMICS: List of Costs
This is my list of potential costs for producing a magazine. This cost list was created as the result of conversations with a local magazine publisher, Internet research, phone calls with printers and conversations with friends in familiar with the industry.
One
full-time staff person (Marketing, Communications, PR and Sales)
Commission
Freelance
writers (three)
Freelance
designers
Freelance
photographer
Magazine
Distributer
Printing
and production (Binding)
Editing
and proofreading
Paper
Utilities
(electric, water, A/C, cable, phone)
Software
Computer/
office equipment
Sales
staff expense account
Advertising
Marketing
and promotions (logo design)
Postage
and shipping
Public
Relations
Travel
expense
Legal
fees
Office
supplies
Insurance
Stationery,
etc.
Website
design
Website
hosting
Signage
Cash-on-hand
operating capital
Misc.
and other
Hi Margaret,
ReplyDeleteI think your list of costs if very appropriate for the type of business you are venturing into. The most important costs that people seem to overlook is the liquid cash on-hand needed for WC. You clearly state that, which is necessary for sustained CFs fort he business, and thus, the sustainability of the business. If I would add something, I would add external accounting as a cost as they are necessary for a second set of eyes when the B/S, I/S, and Stat of CFs are prepared.