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Made a new year's resolution to start your own business? Before you tell your boss to stick it, know what you're forking out.

Most employees with an entrepreneurial bent have, at some point, considered going it alone.

The idea of being your own boss is tantamount to living the dream for those who have tired of others reaping the benefits of their money-making ideas and hard slog.

Advertisement: Story continues below Simon Brown-Greaves suggests seeking the help of a mentor. But your optimism and seed capital won't last long if you lack attention to detail.

Plan to plan – properly

Sitting in a café to brainstorm is a good start, but don't kid yourself into thinking it's that easy. Prior knowledge will help you dodge costly and avoidable mistakes.

To read the full, original article click on this link: The costs of starting your own business | Start-up costs