Start-up Costs Definition | Becker

Accounting Dictionary

Start-up Costs

 

  1. Start-up costs are expenses incurred in the formation of a corporation (legal fees) and are considered organizational costs. Start-up costs are expensed when incurred. The costs of preparing to operate facilities which can include costs of designing, tooling, recruiting, and training the labor force before production starts; moving; preparation of facilities; and related general and administrative costs.

 

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