❓ASK How much capital did it cost you to establish your own business?

Nomad

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I started my first business with $3k and my second business cost me $10k. My first business was a restaurant business and my second business was a dairy farm.
 

Sincerem

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The mindset I had in starting a business really spoilt things, I wanted to minimize cost at every expenditure and I ended up loosing more that I can gain.
Maybe your plans let you down. Next time when you plan, always make sure you have an exit business plan yo go with. In case the original plans fails you as time goes on, your exit business plan can help you move on.
 

Ayokex

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I started my farming business with about #150,000. This doesn't mean that everyone who is to start a business has to spend as much as that. The initial capital for a business depends on the nature and size of the business.
 

Queentener

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1,750.00
I started my current business with #20000 that is $50 and the business is very lucrative, am expanding bit by bit, there are some businesses you can start small and expand it later.
 

Psalmseen

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For my first business, it didn't take me much of capital because most things an materials needed to get started are what I have already and it made it much easier for me to get started
 

mubinadaddy

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Although it all depends on the type of business in which you are venturing into, they are business which you can start with lesser amount like $1000 or lesser amount or higher amount.
 

Abbeyola

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Their is no business on earth that is started free of charge. It must require a certain amount of capital to start it up. The capital start up fee depends on the calibre of business you wanna venture in. Some businesses require huge capital start up while some require lesser capital to start it up. My own offline gaming network cost me in the region of $1.5k to get it underway in a medium seize. With time I'll be expanding it bigger and it will cost me more than the previous capital start up.

How much did your own online or offline business cost you to start it up??
It does not really cost me much like that, because it was an on line business I started for free, later I upgraded to get a better percentage profit.
 

Sethbala11

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1,000.00
I have not establishes any business as at this time and off course I am already making plans and concluding some. On paper I think I need about one thousand five hundred dollars in order to starts the business in the best way possible and then build it little by little.
 

Sincerem

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2,300.00
It does not really cost me much like that, because it was an on line business I started for free, later I upgraded to get a better percentage profit.
Hmm, what type of online business did you start for free? Let me see if it will really look nice for me to join you, and make money LoL. Their are people here still wanting to hear from you.
 

Nomad

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My business is selling website. Normally, it does not cost me any thing to build a website as I build websites from the domains in my portfolio and use the same hosting plan that I use for my other websites
 

Josemendez

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I have not yet started my offline business but I have plans of starting it very soon . However there is an amount of money with which I am planning to save , I have saved 40% already.
 

Muhammadawais

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ORAKSER is a company that specialises in all aspects of intellectual property law, including copyright, design, and trademark prosecutions, licencing, consulting, clearance and validity searches, and litigation assistance. It has always strived to provide honest and timely service in order to assist its clients in protecting and using their intellectual property in a way that best fits their needs and businesses.
 

Kelly5

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Based on the conversion rate from where I come from, I can say the little start up capital costed me about a little over $2000 to get things really running
 

Damscooguns73

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Concerning how much capital did it cost me to establish my business. Well, am yet to establish a business, but the type of business an individual is going to will determine the amount of capital that is going to be needed. If it is a small scale business, the capital should be less to an individual that has a large scale business in plan
 

Sincerem

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I have not yet started my offline business but I have plans of starting it very soon . However there is an amount of money with which I am planning to save , I have saved 40% already.
I love your motivation to save up reasonable amount of money from your gigs online and offline to make up your business capital. I prefer it that way, than borrowing funds to start it. I believe borrowing is just a double whammy for an early business starter.
 

Justin

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I don't have a business, I am a student trying to complete my education so that I can be qualified for the job market. However, some of my friends have businesses and they started with $10.
 

Sheyemanu

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Concerning your question on which capital I have used to start my business, I personally have used over $200 as a capital in my forex trading journey although it is not all smooth and I have lost money along the way, I know I will be profitable soon
 

Sincerem

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2,300.00
I don't have a business, I am a student trying to complete my education so that I can be qualified for the job market. However, some of my friends have businesses and they started with $10.
Hmm, i wonder the kind of business, which $10 can be able to start and operate fine. Can you please, tell us such kind of business that is established with just $10?
 

Justin

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My friend bought an item for $10 and listed on facebook marketplace. She promoted her listing through pages and groups and sold that item and have $5 profit. She invested entire money to buy another products and listed on facebook marketplace. By reinvesting all amount, she was able to build a successful business.
 

Sincerem

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My friend bought an item for $10 and listed on facebook marketplace. She promoted her listing through pages and groups and sold that item and have $5 profit. She invested entire money to buy another products and listed on facebook marketplace. By reinvesting all amount, she was able to build a successful business.
Hmm, that's pretty cool for your friend. That's why they say, you must not have millions to get started with business. Start from little as you can afford and grow the business, just as your friend did.
 
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