business management for beginners Do you have to prepare a lot of capital?

[Nicklas22]

To start a business you have to have the positive mindset to succeed and the necessary skills and knowledge about the kind of business you want to go into and of course you need a lot of capital

 

[Mostee501]

When one wants to run a business,actually it depends on the nature of business that will determine the capital needed.

 

[FreshKaz11]

Everyone will want to be successful in running a business, in starting a business, what things need priority or priority so that the business can run smoothly? Do you have to prepare a lot of capital?

The best way I think any business owner should start up their business,is by saving more for the business incase when the business start anything that come up after then would be fix easily.

 

[Sotherefore]

capital is very important in a business because if you are thinking of running or managing a business the first thing you need to consider is capital and then a lot of research about the type of things you are doing is also very important, yes Money is very important.

 

[Razor1911]

If the business doesn't expect a ton of business, then you really just need the funds to keep the place paid on a monthly basis, have enough to pay yourself and whoever works with you, and still have enough to pay for the things that may happen in the future, if you need extra cash to pay for a fix or something out of the ordinary.

Liquidity is very much important for business and it should be managed propely. Any company must have enough reserve of cash to be able to pay the employees. That is actually the job of HR policy manager and Financial expenditure manager to keep an eye in all such matters.

 

[Setfragil]

I think that the capital you will need will depend largely on the type of business, but even so it is not only the capital, there are many necessary complements, among them is the target audience, the demand for the product or service, the location you have if it is offline. Capital and quality are priorities in an enterprise.

I totally agree with your submission. Your type of business will determine the amounts of capital that you will need to raise for the business. If the business is not capital intensive, you do not need a lot of capital to establish the business. The little capital you have might even be more than what you need if other things are already in place.

 

[Senator]

The capital infact is one of the things that must be given the utmost priority to here, because without it the business cannot see the light of day. So, aside properly planning before starting the business, you must get the capital

 

[Sariana23]

I totally agree with your submission. Your type of business will determine the amounts of capital that you will need to raise for the business. If the business is not capital intensive, you do not need a lot of capital to establish the business. The little capital you have might even be more than what you need if other things are already in place.

Exactly, even the capital can be something insignificant, if such business is the provision of services where having the necessary tools, you will only have to wait for the profits. There are also those who with little capital can start buying and selling products on demand. If the business is of a higher level and if you must have the necessary funds.

 

[Shigobad20201]

Everyone will want to be successful in running a business, in starting a business, what things need priority or priority so that the business can run smoothly? Do you have to prepare a lot of capital?

As a beginner who wants to start a business, you first need to make a research to know if there is competition for the new business in the located area , because someone else might be doing the exact same business you are doing in that area.

 

[Dowenship]

Everyone will want to be successful in running a business, in starting a business, what things need priority or priority so that the business can run smoothly? Do you have to prepare a lot of capital?

Nobody is expecting a downfall or Loss in business. Everyone is willing to be successful in there businesses, therefore we do all it take to make the money....

 

[Chibson]

Any business that is not adequately funded will likely not to succeed. That's the reason it's very important to have adequate capital before venturing into any business.

 

[Kane]

You don't need a lot of money to start a business, You need money only when you do not have idea. If you have idea, and if your idea has potential you can easily get investors

 

[Setfragil]

You do not really need to prepare a lot of capital to manage a business, all you need is the knowledge of the business and a very good planning to run it successfully.

 

[Sincerem]

Capital start up shouldn't be millions before starting somewhere. We can raise capital at least enough to stand the business then work hard to grow it becoming an income generating option.

 

[Justin]

How much capital you need depends on what type of business you are planning. If you are trying to launch a clothing store in a business district you might need $10k but for online shop, you ca do for $2-$3K.

 

[Abigael]

capital is very important in a business because if you are thinking of running or managing a business the first thing you need to consider is capital and then a lot of research about the type of things you are doing is also very important, yes Money is very important.

That is right. You will hardly start a business without capital. I think researching should start earlier so that you figure out exactly how much capital you need to start a business.

 

[akinlolu99]

Everybody wants to be successful in this leave and wanting a business as a young man is good but closing both eyes to go into the business, you will not necessary prepare all your account to start though it good to start strong but its also good to start smart

 

[Senator]

Wether you have to prepare a lot of capital or not for the business you intend doing depends in the type of business itself and at what level you want to go into the business

 

[jeff87]

Wether you have to prepare a lot of capital or not for the business you intend doing depends in the type of business itself and at what level you want to go into the business

I think that to start your business, you need to have first the business plan. Second, you will need the budget or capital for the chosen business. Third is the execution or the action.

 

[Senator]

I think that to start your business, you need to have first the business plan. Second, you will need the budget or capital for the chosen business. Third is the execution or the action.

True. One really has to factor all of these parameters into the mix while thinking on how big or small the capital needed for the business will be