The mentors you choose have been down the road you’re about to go down, and can provide valuable business insights, advice, moral support, and the encouragement you might need in order to succeed as an entrepreneur.

Operating costs are the expenses necessary to run a business or maintain assets. These costs include expenses like rent, utilities, salaries, and equipment maintenance. Operating costs are essential for day-to-day operations and are subtracted from revenue to calculate a business’s profitability.