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And then finally, all this adds up on the left-hand side, over here, to costs.
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What are the cost and expenses to operate the business model?
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One of the interesting things about cost is, it's not just the obvious ones, like people or buildings or materials.
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What you're really gonna be asking is, what are the entire costs to operate our business model?
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And so, you want to think about, what are the most important costs you need to worry about?
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What are the most expensive resources you're going to need to pay for? And what key activities are the most expensive?
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And then you want to ask the typical accounting things. What are fixed costs? What are variable costs? Are there economies of scale?
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And you want to start getting a good handle on what it is that will end up costing you money to run your business.