Using the 'Startup Cost Calculator' tool on Feedough, estimate the initial capital needed for a new online business. Assume the business requires $5,000 for website development, $1,000 for pre-trading costs (including legal fees), and $500 for marketing research. State the total estimated startup cost.
Navigate to the 'Startup Cost Calculator' page on Feedough. Locate the 'Web Development' input field and enter '5000'. Locate the 'Pre-Trading' input field and enter '1000'. Locate the 'Marketing Research' input field and enter '500'. Identify and state the 'Total Startup Cost' displayed on the page.
Successfully navigate to the 'Startup Cost Calculator' page. Input '5000' for 'Web Development'. Input '1000' for 'Pre-Trading'. Input '500' for 'Marketing Research'. State the correct 'Total Startup Cost' displayed after inputs are made.