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True. There's no entrepreneur without capital. Capital is the money one uses to start a business, I searching for how it could be possible to start a business without capital, I can't still find an answerHello, they are the financial resources to be able to start a business, obviously without capital there is no entrepreneurship, there is the importance.
As my own understanding about working capital, it can be describes as a capital or money that using to keep running a business continuely in which to succeed or meet the target objectives or goals. That is my perspective of working capital.
I agree with you.Working capital to me has to do with having the needed and the available funds or resources to be able to pursue or achieve a laid down ambition.
Working capital can actually be referred to as that amount of money that your business is required to run a daily business activities whether they are making profit or not.Give me a definition for this term ? And what Its importance ?
This as the name implies,is the capital o money needed for the running operations of the organisaton,it is very important because it is what is needed for the smoothe running of the outfit and also foot bills and ensure that the projections of the organisations are meet,financilly.Give me a definition for this term ? And what Its importance ?
The actual money in which you used in starting your business is th working capital ,most people out there have the skills and the business plan but they dont have the working capital .Capital is the amount of money we start up a business with, The only hindrance that is stopping lots of people from starting up a business is capital, lack of capitals.
That's it, if you will ask people here, 90% of people will say they have business idea but the only thing hindering them from starting is capitals, if you have the capital everything is going to be good.The actual money in which you used in starting your business is th working capital ,most people out there have the skills and the business plan but they dont have the working capital .
Working capital is the capital which is used in the day-to-day administration of the business. This capital is important because it keeps the business afloat and ensures that the business thrivesGive me a definition for this term ? And what Its importance ?
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