Which two costs should be included when calculating start-up costs for a business? (Choose two) 0000 Permits, licenses, and incorporation fees Utilities Payroll Business cards Rent

When calculating start-up costs for a business, the two costs that should be included are:<br /><br />1. Permits, licenses, and incorporation fees: These are necessary expenses that a business must pay to legally operate. They include any fees associated with obtaining the necessary permits, licenses, and incorporating the business.<br /><br />2. Rent: If the business requires a physical location, the cost of renting the space should be included in the start-up costs. This includes the first month's rent and any security deposits.<br /><br />Utilities and payroll are operational expenses that come into play after the business has started operating, so they are not considered start-up costs. Business cards are a marketing expense and are not typically included in start-up costs.