MANAGEMENT

BUISENESS MANAGEMENT

BUSINESS PLANNING

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
____ is the money necessary to start and open a business
A
Angel Investor
B
Venture Capitalist
C
Cash Flow
D
Start-up Capital
Explanation: 

Detailed explanation-1: -In many cases, more than one round of startup capital investment is needed in order to get a new business off the ground. The majority of startup capital is provided to young companies by professional investors such as venture capitalists and/or angel investors.

Detailed explanation-2: -Today more than ever money is not required to start a business with plenty of private equity firms and angel investors looking to fund the next big idea. Therefore, it is important to prepare a good business plan and a pitch presentation to showcase the idea to friends, family and investors.

Detailed explanation-3: -According to the U.S. Small Business Administration, most microbusinesses cost around $3, 000 to start, while most home-based franchises cost $2, 000 to $5, 000. While every type of business has its own financing needs, experts have some tips to help you figure out how much cash you’ll require.

Detailed explanation-4: -Startup capital is the money required for launching a new business. Startup capital may come from the business owner, or it can be obtained through crowdfunding or a variety of financing options. With startup capital in place, a business can grow its operations and bring in revenue.

Detailed explanation-5: -Research and development. New products or services require funding to develop. You will also need to undertake market research and test new markets. Selling into new geographical areas or to new types of customers costs money (for example, to pay for new advertising campaigns, to open new retail outlets…).

There is 1 question to complete.