• Menu
  • Skip to right header navigation
  • Skip to primary navigation
  • Skip to secondary navigation
  • Skip to main content
  • Skip to primary sidebar
  • Skip to footer

Starting Up Tips: How to Start a Small Business

Tips to Starting a Small Business

  • Starting a Business
    • Home Business
  • Financing
  • Marketing
    • Online Marketing
  • Growing
  • Search
  • Starting a Business
    • Home Business
  • Financing
  • Marketing
    • Online Marketing
  • Growing
  • Search
  • Home
  • Business Quotes
  • Checklist for Starting a Business
  • Home Business
  • Contact
  • About

Know How Much Capital You Need

When starting a business, you need to ensure that it stands a chance to succeed. To do this, you need to have adequate capital that can jumpstart and sustain the new business. Know how much it will cost to run the business and how much money you are likely to make.

You are here: Home / Financing / Know How Much Capital You Need
Man holding briefcase full of money

February 4, 2011 //  by Isabel Isidro

Man holding briefcase full of money

When starting a business, you need to ensure that it stands a chance to succeed. To do this, you need to have adequate capital that can jumpstart and sustain the new business.




The main question is: How do you know how much capital you will need? The first step is to know how much it will cost you to run your business and how much money you are likely to make.

Seth Godin in his book “If You’re Clueless about Starting Your Own Business” advises new entrepreneurs to:

Keep in mind that it could be some time before your fledging business realizes a profit – so make sure you get sufficient start-up capital to keep it running during that initial phase. The SBA advises that you should have enough cash to cover operating expenses for at least a year to avoid being one of those sad statistics of new business failures.

To better understand the startup capital you need, read the article ” How Much Do You Need to Start Your Small Business?”


Similar Posts:

  • 80 Questions to Ask When Starting a Business
  • 40 Tips on How to Use Crowdfunding to Raise Money for Your Business
  • How to Start an Online Business
  • What You Need to Know When Starting a Small Business
  • 10 Things to Do Before You Quit Your Day Job

Filed Under: Financing Tagged With: financing, Startup Financing

Checklist for Starting a Business

Are you thinking of starting a business but don’t know where and how to start? Learn the step-by-step process to starting your own small or home-based business. Buy our Kindle eBook Checklist for Starting a Business at Amazon.com today.
Previous Post: «Chef is dicing tomatoes Live a Balanced and Healthy Life to Succeed
Next Post: Having Too Much Startup Money »

Primary Sidebar

  • Facebook
  • Pinterest
  • RSS
  • Tumblr
  • Twitter

Business Quotes

Check out our collection of inspiring business quotes.

These motivational quotes from business leaders, entrepreneurs and small business owners including passion quotes, quotes on business risks, quotes on success, as well as motivational quotes from business leaders such as  Guy Kawasaki and others. Visit our Business Quotes

Email Newsletter

Get tips on starting a business.

We respect your privacy. Your information will not be shared.

Popular Posts

  • 25 Lessons for Start-Up Entrepreneurs and Home Business Owners
  • thumbs up To Succeed, Understand Basic Business Principles
  • printing shop Find Out What Customers Want
  • discussing proposal Why Feedback is Important for Your Startup Business
  • Richard Branson Startup Tips from Richard Branson

Footer

RSS PowerHomeBiz

  • Taking Care of Your Personal Growth: Where to Start
  • 5 Benefits of Online Bookkeeping
  • Top 3 Financial Business Trends Driving The Industry Growth In 2021
  • What Every Employer Needs To Know About CBD

How to Sell More Online

Want to succeed online and increase the sales of your online store? Buy our Kindle eBook How to Sell More Online: 40 Tips for the Small Online Entrepreneur at Amazon.com today.
  • Sitemap
  • Contact
  • Quotes
  • About
  • Privacy Policy
  • Checklist for Starting a Business

Copyright © 2021 · StartingUpTips.com · Terms of Use and Privacy Policy