Match each electrical contracting startup expense with the correct description of how it is categorized.

When forecasting the initial budget to start an electrical contracting business, an owner must separate costs into one-time and monthly expenses. Which of the following groups contains ONLY one-time launch expenses?

An electrician starting a new business pays a $500 fee for their initial municipal operating license and signs a lease that requires a $1,500 payment every 30 days for warehouse space. Because both of these costs must be paid before the business can officially open its doors, they should both be classified as one-time expenses in the startup budget.

An aspiring electrical contractor drafts a startup budget that incorrectly lumps a $12,000 initial van purchase and a $1,500 repeating warehouse lease into a single 'Facilities & Fleet' category. To properly calculate the cash needed to keep the doors open while building steady revenue, the contractor must break apart this category and reclassify the $12,000 van purchase as a ________ expense.

A new electrical contractor has drafted a single unsorted list of every cost needed to launch the business—including a work van, wire stock, monthly warehouse rent, an electrical contractor license fee, liability insurance premiums, and employee wages. To build a reliable startup budget that shows both the up-front capital required on day one and the ongoing cash needed each month while the business builds steady revenue, arrange the following budgeting steps in the most effective order.