Startup Cost Calculator
Plan your Nigerian business launch budget by adding all startup expenses — from CAC registration to equipment and initial inventory.
Category Breakdown & Industry Benchmarks
See how your startup budget is distributed across categories and compare against Nigerian industry norms
Cost distribution by category across ₦2,400,000 total startup budget
Runway Calculator & 12-Month Burn Projection
How long will your startup funds last? Model monthly burn rate, projected revenue ramp, and runway before you need more funding
Enter your expected monthly costs and revenue to calculate how long your startup funds will last.
How to Use This Calculator
Edit the pre-filled cost items with your actual estimates, or remove them and add your own. Click Add cost item to include additional startup expenses. The total updates instantly as you type. Use the Remove (×) button to delete items you don't need.
The defaults represent typical costs for a small Nigerian service or retail business. Adjust to match your specific industry and location.
Typical Nigerian Startup Cost Categories
- Registration & Legal: CAC registration ₦15,000–₦50,000, business name ₦10,000–₦30,000, legal fees ₦50,000–₦200,000, NAFDAC/SON/professional licences where required.
- Office / Retail Space: Lagos: ₦500K–₦5M/year depending on location. Abuja: ₦300K–₦3M. Most landlords demand 1–2 years upfront. Budget for agency fees (10%) and legal fees.
- Equipment & Technology: Computers, printers, POS terminals, machinery. Highly variable by industry — ₦200K for a consulting startup, ₦5M+ for a manufacturing setup.
- Initial Inventory / Raw Materials: Working capital to stock your shelves or production line. Start with 1–3 months of expected sales volume.
- Marketing & Brand: Logo and branding ₦50K–₦200K, website ₦150K–₦500K, social media launch, print materials, signage.
- Working Capital Buffer: 3–6 months of operating costs to cover the period before the business becomes cash-flow positive.