Scenario: Emily has been operating a small online retail shop out of her home. She’s been doing everything informally but now wishes to legitimize her operations. She emails you with questions regarding what types of costs she might incur when setting up her business formally.
Instructions: Compose a 200-300 word response to Emily’s email.
Content guidelines: Begin with a courteous greeting. Outline the various costs and fees that are involved in starting a business. Explain the multitude of factors that can influence these costs. Stress that a consultation with professionals will provide her with a clearer picture. End the letter with a polite and cordial closing phrase.