How much will be enough to setup a business?

[Lens]

The amount needed to set up a business is very crucial. You will be able to have an estimate on the amount you are having to spend on the business. You should be able to determine the minimum amount of money that could run the business more effectively.

 

[Kane]

It is not possible to give you a figure without knowing your business niche or business modality. If you want to start a dropshipping business by using shopify, you need about $500 just to setup the store and another $500 for SEO and marketing.

 

[Imran_Noori]

The amount needed to set up a business is very crucial. You will be able to have an estimate on the amount you are having to spend on the business. You should be able to determine the minimum amount of money that could run the business more effectively.

It depends, if you want to start a big business then you will need a big amount of money but for a beginner it is better to start a small business.

 

[Niyi]

It all depends on the kind of business you intend to do and the level you want to start the business.

The start up costs vary from business to business. What it would take to start a bakery is not what it would take to start a poultry farm.

 

[Salt]

This depends on what sort of business you are planning to start and at what scale and for me I prefer to start from a low level so in case the things didn't go as planned we will have a lower loss to dealt with.