Do you need Huge Capital before you start a business??

in Project HOPE3 years ago

We all see numbers of business coming up as day goes by each day. Different people are coming up with the idea of creating business and to an extent many people are actually creating business and whether some are getting successful or not, is another tip for another day.

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Buy in creating a business, many people have been confused with different questions that whether they must need huge capital to start a business.

When I say huge capital, I mean huge fund that can either cover the cost of creating the business, funding the business, getting the business maintain whether the business is hitting profit or loss.

And to an extent, it has get to make some people confused about whether that's really true and needed. Do you really need huge capital before you start a business. Must you really start huge and big whenever considering creating or having your own business.

I have seen some people actually starting their business big or let me say with huge business and truth be told, some get successful also.

And same thing I have seen some people starting their business in a low key, I mean with a very low capital and within some time, the business boom.

Now some people keep asking this question, must I really have huge capital before I start a business or.

So I am here to throw the Question to you guys,

Do you think you must have huge capital before you start a business??

I will be waiting for your contribution in the comment section below....

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To the question in your title, my Magic 8-Ball says:

Outlook not so good

Hi! I'm a bot, and this answer was posted automatically. Check this post out for more information.

You can start a business in your free time while you have a job and scale it slowly but surely.

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Hey @mandate
I didn't think that for starting a business you will need a huge capital.
You can start your business with small vapital and scale it.
But sure it will take little bit more time.🥰🥰🥰

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Hello @mandate
The investment capital for a business must be projected according to its industry and other aspects determined in the market study that must be carried out previously.
Particularly I think that the determination of the same is made according to the calculations of the initial costs both fixed and variable and the reserves to cover the time of replacement of the initial capital invested.
Best regards.

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The success of your business depend largely on you and not how you start whether small or big.

Take out time to plan to be successful in the business, learn business success tips and get mentors in that business line. I believe you will be successful whether you start small or big

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Well said.
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There are several businesses that started small but we're able to grow very large within a short period, there are also companies that started in a large way and kept on improving in that style

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To the question the answer is a big NO, a great business could begin on a small level and later grow to become an excellent project if managed properly.

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