In the excitement of planning to open your doors you may forget that there will be working capital needs after your business begins operation. Working capital is the amount of money that you will need to keep your business afloat. A lot of business owners consider their cash flow needs up to the day they [...]
How much will it cost you to open your doors for business on day one? This is the burning question for new entrepreneurs, beyond the initial cash requirements consideration. Remember that the first time you list the start up costs, there is no need to be exact or precise; a ball park figure is good [...]
Many business owners find themselves falling flat in the first few years because of one of the most common problems with start up companies: failure to budget money for the start up process appropriately. Perhaps this is due to having an overly optimistic view of the future; the start up process always seems to cost [...]
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