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Capital for Startup

Nurhuda89Nurhuda89 subscriber Posts: 1
edited November 2015 in Startups Created by StartupNation Community Members
Hi, I need some guidance. First of all, please feel free to give as many advice as you want. I will be glad to get different views.

Qn: Is it really necessary to have some capital on hand to start up a business?
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Comments

  • blairjvaldezblairjvaldez subscriber Posts: 0
    Every small business needs a capital to start with because starting your own business is one of the most powerful decision to take control of your life and it need some cash flow. Before starting you need to know some criteria:
    Capital: For setting up business, capital plays an important role. You can approach to traditional banks for arranging capital and if banks do not approve your loans, you can apply for alternative funding options like merchant cash advance, bad credit funding, venture capital and factoring.
    Location: For business location is important to setting up your business, you just have to make sure that your services or products reach the right Audience at the right time.
    Audience: audience are the most important. If your services provide to the targeted audience at the right time than half of your work is done.
    Business plan: A business plan is really helps in the success of the business. Not only this, it will also help in getting approved loans.
    It might help you to start with a small business. For more information you might like to check this link: http://caps.fool.com/Blogs/what-do-you- ... fy/1063803
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