What is the difference between start up and running costs? Difference between fixed and variable.

Start-Up costs- start up costs are costings a business will have to pay when they foremost set up their business. No other time. An example of a start up cost is when you buy the first shop and have to pay to start up the mortgage.

Running Costs- paid on a day to day basis to keep the business running. An example of a running cost is rent.

Fixed- fixed costs are that stay the same. They do not change or vary.

Variable- these cost can fluctuate (move up and down) and change due to deals or other sales strategies.