Everybody seems to be into startups nowadays. Though the risk is there, people are willing to invest in one. After all, creating one is not that difficult. The Internet has made running a startup an easier and a more affordable venture.
Today, you could just build a startup from a website. You do not necessarily need to have a physical office. Depending on the nature of your startup, you can already begin by hiring freelancers or remote workers then you are all set.
Regardless of how you set up your own company, there are definitely costs to incur. And, if you are wondering how much does it cost to run a startup, here is an interesting infographic from Staff.com.
The infographic compares running a basic tech startup from different major cities around the world. A basic tech startup would mean having only one designer, two developers and an office. The facts are surprising.
For example, it would cost you 6 times more to run your startup from Zurich than in Manila. In Zurich, you will need an average annual cost of $314,000 and only $45,000 in Manila. In the United States, it is a bit more expensive to run a startup in New York than in San Francisco.
Another interesting thing to take note is the difference in the rates of the designers, developers and offices. In San Francisco, the designers and developers are paid way more than those who are in Paris. But, their office costs are cheaper. Zurich and Sydney gets the most pay in these 8 cities on the list. Manila has the most affordable annual office cost.
Check out more of the facts below. Do they in any way influence your decision on where you would decide to build your startup?
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| Source: Staff.com |
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