Final answer:
Start-up costs are crucial for launching a new business. Examples like marketing costs and licensing fees are part of these initial expenses.
Explanation:
Start-up costs are essential for establishing a new business and include expenses needed to get the business off the ground. Two examples of start-up costs are:
- Marketing Costs: Expenses incurred for promoting and advertising the business.
- Licensing and Permits: Costs associated with obtaining necessary licenses and permits to operate legally.
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