How Much It Costs to Start a Corporate Concierge Business: $14M CAPEX
It costs about $14M in startup assets to launch the modeled Corporate Concierge business, based on researched planning assumptions The asset budget includes a $420k app build, $260k back-end system, $180k vendor portal, $140k security setup, $85k CRM implementation, $220k office build-out, and $95k equipment Total funding need is usually higher than CAPEX because payroll float, insurance deposits, and client invoice lag require working capital In this model, the cash low point is -$1355M in Month 9, even with breakeven also reached in Month 9
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Startup CAPEX Calculator
Estimates capitalized startup assets only for a corporate concierge launch, including software, systems, office setup, and launch equipment.
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What's excluded Uses only startup asset CAPEX. It excludes payroll runway, recruiting, insurance premiums, software subscriptions, marketing spend, working capital, debt service, deposits, inventory runway, and other operating costs unless they are capitalized setup assets.
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Startup cost summary
This table breaks startup costs into five CAPEX items and one excluded cash reserve for a corporate concierge service.
Highlighted CAPEX$1,220,000Base planning example
Excluded cash needs$1,355,000Outside CAPEX total
Funding need$2,575,000CAPEX + excluded cash needs
Cost Category
Base Estimate
Main Cost Driver
CAPEX Calculator
Proprietary app build Phase 1
$420,000
Core workflow and employee request handling build
Yes
Back-end management system
$260,000
Scheduling, routing, and service ops setup
Yes
Data security and compliance setup
$140,000
Security controls and compliance build
Yes
Vendor portal development
$180,000
Partner access and vendor workflow tools
Yes
Office build-out and furnishings
$220,000
Workspace setup and employee furnishings
Yes
Working Capital Reserve
$1,355,000
Year 1 payroll, marketing, and fixed overhead before Month 9 breakeven
No
How does Corporate Concierge track CAPEX and runway?
This screenshot shows CAPEX-tab expense categories, launch timing, cost amounts, and depreciation/amortization. Open Corporate Concierge Financial Model Template; review assumptions.
Key screenshot takeaways
Startup costs mapped
Month-by-month timing
Depreciation, amortization flagged
Compare 3 Startup Cost Scenarios
Scenario Table
Lean, base, and full launches swing cost fast because staff, office space, tech, and sales effort move together. The base case uses the model's Year 1 capex, salaries, marketing, and fixed overhead.
Lean, base, and full corporate concierge startup cost comparison.
Scenario
Lean LaunchPilot clients
Base LaunchRegional employers
Full LaunchMulti-client platform
Launch model
Uses a remote-first setup with a small office footprint, fewer tools, mileage reimbursement, and a lean launch team.
Uses the model's Year 1 capex, salaries, marketing, and fixed overhead as the core employer-ready setup.
A few account owners and concierges handle pilot accounts from one hub and rely on basic software and light travel.
Builds the app, back-end system, CRM, office, and service team needed to sell and support employer plans.
Runs a broader multi-site service model with more concierges, more account managers, and more support coverage.
Cost drivers
smaller office
fewer tools
mileage reimbursement
lean staffing
lighter marketing
capex build-out
Year 1 salaries
$450k marketing
fixed overhead
core software
larger staff
vendor portal
stronger insurance
office build-out
heavier sales
Planning rangeCAPEX only
$1.5M - $2.5MLower cash need
$4.0M - $4.8MModel anchor
$5.5M - $7.5MHighest spend
Best fit
Best for pilot clients and early employer tests before a full rollout.
Best for regional employer-ready launch with a real sales team and repeatable service flow.
Best for a multi-client benefits platform that needs scale and higher service coverage.
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Planning note: These ranges are planning assumptions, not exact quotes; they are built from the model's capex, salaries, marketing, and fixed-cost inputs.
How should I build a corporate concierge startup funding plan?
Corporate Concierge funding plan should be built around monthly CAPEX from Month 1 through Month 9, then tied to client ramp and payroll so cash lasts long enough to hit break-even. Use PEPM (per employee per month) pricing at $8 Essential, $12 Premium, and $18 Executive, plus $5,000 add-on packages and $120 a la carte fees. Build in 8% vendor pass-through cost and 6% sales commissions, then test for Month 9 breakeven, -$778k Year 1 EBITDA, $761k Year 2 EBITDA, and a 49-month payback.
Funding uses
Stage CAPEX across 9 months
Fund payroll against contract ramp
Hold cash for launch runway
Match spend to signed clients
Model checks
Use $8, $12, $18 PEPM
Add $5,000 and $120 fees
Include 8% vendor pass-through
Model 6% sales commissions
What are the biggest startup costs for a corporate concierge service?
The biggest startup costs for Corporate Concierge are the product and operating stack, not a storefront. Here’s the quick math: proprietary app build at $420k, back-end management system at $260k, office build-out at $220k, vendor portal at $180k, data security at $140k, and equipment at $95k. Staffing readiness is also material, with Year 1 salaries of $174M across CEO, sales, account managers, concierges, marketing, engineering, operations, and support, plus recruiting, screening, background checks, training, scheduling tools, insurance, and B2B sales readiness.
Core build costs
$420k app build
$260k back-end system
$180k vendor portal
$140k data security
Staffing readiness
$174M Year 1 salaries
CEO, sales, and account managers
Concierges, engineering, and ops
Recruiting, checks, training, insurance
What hidden costs come with starting a corporate concierge business?
For Corporate Concierge, the hidden cost is not equipment; it’s working capital and pre-opening cash. If you want the owner math, start with How Much Does The Owner Of Corporate Concierge Make Annually? because the real burn is $65k a month for insurance and compliance, $75k for accounting and legal retainers, plus $14k for core software and hosting and $5k for vendor network tools. Add background checks, non-owned auto insurance, client onboarding materials, mileage reimbursements, payroll deposits, software onboarding, and accounts receivable float, and cash can fall to a -$1.355M low point in Month 9 when client invoices lag payroll.
Upfront cash needs
$65k monthly insurance and compliance
$75k monthly legal and accounting
$14k core software and hosting
$5k vendor network tools
Working-capital traps
Background checks and onboarding packs
Non-owned auto insurance and mileage
Payroll deposits before invoice cash
Client invoice lag drives Month 9 risk
Key Takeaways
One-time setup totals about $1.4 million.
Monthly non-marketing burn is about $367k.
Staffing wages are operating costs, not capital spending.
Sales commissions take 6% of revenue.
Corporate Concierge Core Five Startup Costs
Technology And Operations Platform Startup Expense
Setup total
If you’re building the platform, the setup bill is the sum of the app, back-end, vendor portal, security, and CRM work. The stated one-time assets are $420k app build, $260k back-end management, $180k vendor portal, $140k data security and compliance, and $85k CRM implementation, for $1.085M total CAPEX.
Monthly burn
Once live, tech operations cost $64k per month: $14k core software and hosting, $5k vendor network tools, and $45k customer support platforms. That is the ongoing funding need for scheduling, task intake, communication, route planning, and client reporting. On a 12-month view, that is $768k.
Cost control
Keep the build separate from subscriptions. The cleanest control is scope: launch scheduling, task intake, CRM, and reporting first, then add route planning and extra service layers only if clients need them. The common mistake is burying onboarding and software fees in CAPEX; that makes runway look stronger than it is.
Funding split
Plan cash in two buckets: $1.085M for setup and $64k a month for recurring tech spend. That split helps you fund implementation, onboarding, and cybersecurity basics up front, then keep software, hosting, vendor tools, and support platforms covered after launch.
Hiring, Screening, And Training Startup Expense
Launch labor
Before launch, this cost covers recruiting, screening, background checks, onboarding, uniforms or branded items, service protocols, dispatcher training, payroll setup, and client-service playbooks. Estimate it from headcount, vendor quotes, training days, and kit costs; bigger client-facing teams need more pre-open work before the first contract goes live.
Year 1 team
The Year 1 team is 1 CEO, 1 Head of Sales, 2 Account Managers, 8 Corporate Concierges, 1 Marketing Manager, 2 Software Engineers, 2 Operations Coordinators, and 3 Customer Support FTEs. Year 1 salaries total $174M, or about $145k per month, so this sits in operating burn and working capital, not CAPEX.
Keep training lean
Cut waste by standardizing screening, using one onboarding path, and training to service protocols before custom work starts. Keep uniforms and branded items to a basic kit, and batch payroll setup once. Do not bury wages inside startup assets; that makes the launch budget look smaller than the cash need.
Train dispatchers first
Reuse one playbook
Hire to contract timing
Payroll burn
Treat ongoing wages as working capital or operating cost, not CAPEX. If the team starts before launch, cash must cover payroll each month plus the pre-open hiring, training, and setup items above until contract revenue starts to fund the run rate.
B2B Launch Marketing And Sales Startup Expense
Employer Pipeline
This is employer-client acquisition, not consumer walk-in traffic. The source plan sets $450k for Year 1 and also shows $375k per month during launch. Buy website, sales deck, case-study style materials, HR outreach, proposal templates, networking, launch PR, travel, events, and sales enablement before the first contract closes.
Cost Build
Build the budget line by line: website, sales deck, case-study materials, HR buyer outreach, proposal templates, local business networking, launch PR, travel, events, and sales enablement. Estimate each item from quotes, headcount, event count, and months of coverage. One clean rule: tie every dollar to a named benefits buyer.
Unit Economics
Keep spend tight until the sales team is ready. CAC is $1,200 in Year 1 and falls to $950 by Year 5, while commissions run at 6% of revenue. The best savings come from sharper case studies, faster proposals, and fewer low-fit events.
Timing
Tie launch spend to benefits-buyer calendars and contract timing. Build the website, sales deck, and proposal templates first, then turn on outreach, PR, travel, and events when you can answer fast. One late reply can waste a paid meeting, so sales enablement has to land before volume ramps.
Office, Equipment, And Service-Delivery Assets Startup Expense
Asset Scope
$315k is the core asset budget here: $220k for office build-out and furnishings plus $95k for equipment and laptops. Treat this as capital spending (CAPEX), not monthly burn. It should cover desks, secure storage, printers, headsets, phones, uniforms, branded bags, and dispatch space. Lease and utilities at $18k per month stay separate.
What To Buy
The startup list should match how staff actually serve clients: laptops, mobile phones, headsets, printers, secure storage, uniforms, branded bags, and a dispatch workspace. If the founder chooses an owned-fleet model, add vehicle deposits as a separate line. Keep rent, payroll, software subscriptions, fuel, and mileage reimbursements out of asset-only totals unless they are capitalized.
Cost Control
Get vendor quotes by unit count, then compare build-out, devices, and furnishings line by line. One clean rule: buy only what the first launch site needs. Shared devices and standard uniforms usually beat custom gear on price and speed. Don’t fold the $18k monthly lease and utilities into launch assets, or the startup budget will look too high.
Quote every item separately
Cap custom finish work
Keep recurring rent outside CAPEX
Budget Guardrails
If you want a clean launch budget, split it into asset spend and monthly operating spend from day one. The asset side is the $315k setup block; the operating side carries the $18k monthly lease and utilities. That keeps lenders, investors, and your own cash plan from double-counting the same office cost.
Insurance, Legal, And Compliance Startup Expense
Legal Setup
Start with business formation, employer client contracts, service terms, privacy policies, and compliance reviews. For this model, insurance and compliance are assumed at $65k per month, plus $75k in accounting and legal retainers, or about $140k monthly and $1.68M a year. Treat that as working capital, not CAPEX.
Coverage Mix
This cost bucket should include general liability, professional liability, workers compensation, and hired and non-owned auto coverage. The estimate depends on employee count, service mix, privacy exposure, transportation exposure, policy limits, and months of coverage. Deposits and policy binders belong in pre-opening cash, because they hit before revenue starts.
What Drives Price
No federal license should be assumed; requirements vary by state, city, service mix, employee classification, privacy exposure, and transportation exposure. If staff drive errands or handle sensitive data, carriers and counsel usually push harder on terms and review time. Keep the scope tight, document job duties, and re-quote when service lines change.
Pre-Opening Cash
Plan for the first cash hit before launch: binders, deposits, contract review, and policy setup. With a running load of $140k per month, even a short delay can burn cash fast, so this line item should sit in the launch reserve, not in fixed asset spend.
