MANAGEMENT

Detailed explanation-1: -Startup capital is the money needed to start a new business. Startup capital might be needed to pay for office space, permits, licenses, inventory, product development, manufacturing, marketing, or any other expense that results from starting a new business.

Detailed explanation-2: -The majority of startup capital is provided to young companies by professional investors such as venture capitalists and/or angel investors. Other sources of startup capital include banks and other financial institutions.

Detailed explanation-3: -financial plan a set of documents that outlines the essential financial facts about a new venture Financial plans project the viability of a new business or a project at an existing firm. Start-up capital is the money used to pay for the various assets and expenses of a new venture or business.

Detailed explanation-4: -A financial plan can be used to attract investors. A financial plan explains how a business will manage its records. A cash budget is a plan for the amount expected to be spent and earned over a given period of time. An audit is a collection, recording, and reporting of financial transactions.