3 answers
3 answers
Updated
Cam’s Answer
Unfortunately, it depends on the type of business. For example, steel manufacturing requires tons of capital to get started, whereas software development requires very little. I would look into small business loans to get started.
Updated
Kirstin’s Answer
I would say from personal experience at least have a business plan and approximately 15,000 to start it off. Try to determine what’s your market and who your consumers are. Set a budget on how much you wanna spend on your products before selling determine your profit margins.
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Noah’s Answer
It 1000% depends on what kind of business you want to start and what your connections are within that area. Some businesses require licenses in order to legally practice in that area. Some start ups can flourish or rely on angel investors. Some businesses can be started with just a few thousand dollars. What kind of business exactly are you wanting to start?