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Start-up capital is money a business needs to start-up, grow, and get on its feet. Depending upon the nature of the business, it can be raised in several ways.
In contrast to operating capital, which is needed for day-to-day operations, startup capital is used to finance the initial launch of a business and is typically required before generating revenue.
Different businesses require different amounts of startup capital. A small business, such as a restaurant or retail shop, may need only a few thousand dollars to get started. A young technology company, however, might need tens of millions of dollars to get off the ground. The cost of starting a business depends on various factors: the type of business, the cost of running it and the amount of funding needed to launch it successfully. The cost is also affected by the entrepreneur’s business plan and personal financial goals. Here are some of the things you need to take into account while calculating your startup capital:
Start-up capital is the money a business needs to get started and it can be generated from various sources:
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