How much capital, in terms of time, is needed to start a business?

[Dubai]

Time is essential and crucial for effective business management either at the beginning or in the thick of the business. You ought to devote a great deal of time to consistently see result and profit from your venture. However, there's no real measure of how much time would needed. You need to regularly invest your time in your business. Even after success has been hit there would be no much time to relax or be thrown away. Although once stability of success is achieved, then a break could come in.

 

[Sheyemanu]

Concerning your question, I am of the opinion that when it comes to business, the subject of time is just a relativity. There are some businesses that need little time to plan for and start it up, while in others it can take a longer period of time. So it depends on what business one is planning to venture into, that will determine the amount of capital needed in time

 

[Mahnoor]

actually many ways to start a business that let you focus less on the logistics and upfront costs and more on getting started.

These low-investment business ideas make a great entry point for beginners, bootstrappers, or anyone with a busy schedule, letting you pick up a side business without having to drop everything else.

 

[chicnthin]

The requirement of capital would really depend on what kind of business you're going to start. There are some business that even though it's just small, still is capital intensive. For instance, a computer shop.

 

[Folaham]

Of course when it comes to a business the amount of capital that you will need in order to start that business will vary based on the business model that you have. For example someone that is looking to sell clothes may need a small investment and someone that is looking to sell electronic items because the cost of each item may be lower for their business. So in that regard the amount of capital that you need is going to be dependent on what type of business you own.

However, in terms of a time period, how much capital do you think is needed in order to start a business? In my opinion starting of a business is always a slow venture as you build up your customer base, and they always initial capital investment such up to pay off before you can start earning a profit. Therefore, I think that when you start a business you should have at least six to eight months worth of capital that can give you going through all this time in order to cover your operating costs and possible losses through this time.

What do you think will be a suitable time period that you should account for when starting up your own business?

It depends on the nature of business. For small and medium scale businesses, all you need is capital that is enough for at least two circle of purchases, this will help you with the open payment option of probably monthly for the salary earner. You will have new stock to display at all time

 

[Jeremiah Trump]

Well what you asked make sense but there are services and kind or it matters the type of business you want to venture into whether it will Ben time taken or you can adjust your lifestyle can suit the new business.however in certain cases for example in the food industry there are many that prefer to stick with what they are doing but they are ways to do ITV which can be specified or mentioned.

 

[Ayoknl]

The capital required to venture into businesses vary from business to business. For example, a small scale business requires a little capital to establish as well as a little time to create ones customer base with little or no promotional program.

 

[Felixko]

Time needed is about the kind of business you want to run . some plans need a lot of time to plan and do research about it before it can be started. many people say time is money, this really indicated that time is needed in a business. Also there is no minimum or maximum capital one can get before starting a business. it is always depend on the kind of business you want to run.

 

[solalal36]

You will all the time you can possibly get. The beginning of a business is Usually the tough part. You will invest time and money and might not make profit but losses. You will then need to put in more time to GI through everything again and see what you are not doing well. Trust me, you will need all the time in the world

 

[Caali]

Start up costs are obviously going to vary depending on what type of business you are starting. For example if you start a restaurant you'll need to purchase equipment for the kitchen. If you start a construction company you'll need some good tools and a company vehicle.

 

[Sariana23]

I think that according to your presentation, it all depends on the business you want to start. The capital you have for the investment and the time may vary, for example if you have a food sales business, surely in less than 1 month or 2 you will have covered the costs and possible losses, now if it is a food appliance sales business which may take 1 year or more.

 

[Yunglegend]

Ist it depends on the business you are eyeing to start
Because like starting a building material you need like 10M
Other petty businesses you need 50 ,100 and above so it depends on your choice

 

[Mostee501]

Capital needed in terms of time also depends on the type of business/job your going into. Once you conduct a business research and aks questions directed to professionals/experts,your will find out about all that is needed to know.

Post automatically merged: Feb 17, 2021

All the time you can put into a startup business is needed for a well drafted business plan.You need time to collect data from business/market surveys and work on them,seriously lots of time is needed for a startup business to grow.

 

[unhappy triad]

If you are all in for the money, you will need to put in more time. It is just a simple logic. The amount of time though cannot be quantified. It varies with your skill and dedication and the type of business you are running. But one need not dedicate so much time in ones business to make it a successful one

 

[Shivay]

Well , Business doesn't have an age. You can do it anytime once you have some knowledge but the important thing is how to arrange capital for that because starting your own business requires capital, so you should be ready with your sources.

 

[Jesuyemi 08]

Of course when it comes to a business the amount of capital that you will need in order to start that business will vary based on the business model that you have. For example someone that is looking to sell clothes may need a small investment and someone that is looking to sell electronic items because the cost of each item may be lower for their business. So in that regard the amount of capital that you need is going to be dependent on what type of business you own.

However, in terms of a time period, how much capital do you think is needed in order to start a business? In my opinion starting of a business is always a slow venture as you build up your customer base, and they always initial capital investment such up to pay off before you can start earning a profit. Therefore, I think that when you start a business you should have at least six to eight months worth of capital that can give you going through all this time in order to cover your operating costs and possible losses through this time.

What do you think will be a suitable time period that you should account for when starting up your own business?

You have a great point in your post. The idea of building customer base coupled with other financial challenges may delay time of achieving a full stature a business can grow to. This is why time is very important as a capital to be invested because it will be responsible for the success of the business start up.

 

[Taimoor Jutt]

It depends on your business kind. If you want to start a business of selling Mobile phones then you would have at least $2K to $3K for good business of smartphones like android. If you want to open a dress selling business then you should have $2k so this varies according your business.

 

[FreshKaz11]

I think capital time that we need here is till the end, because no time is too much on personal business since you could give it all while working under a company or organization just to meet your target,so why can't you also out all that energy on your own business and see how it will go. So to me there is no amount or much time someone cannot put on its own personal business, because when the profit start coming you forget about the time and stress you out into the business.

Of course when it comes to a business the amount of capital that you will need in order to start that business will vary based on the business model that you have. For example someone that is looking to sell clothes may need a small investment and someone that is looking to sell electronic items because the cost of each item may be lower for their business. So in that regard the amount of capital that you need is going to be dependent on what type of business you own.

However, in terms of a time period, how much capital do you think is needed in order to start a business? In my opinion starting of a business is always a slow venture as you build up your customer base, and they always initial capital investment such up to pay off before you can start earning a profit. Therefore, I think that when you start a business you should have at least six to eight months worth of capital that can give you going through all this time in order to cover your operating costs and possible losses through this time.

What do you think will be a suitable time period that you should account for when starting up your own business?

 

[Sad56]

Capital is always depends on your business type or business wideness, so it depends, if you want to open or start a big business you will need to have much capital. Like if you want to open fish farming business then you will have 3000 dollars for this.

 

[Lagazine]

Of course when it comes to a business the amount of capital that you will need in order to start that business will vary based on the business model that you have. For example someone that is looking to sell clothes may need a small investment and someone that is looking to sell electronic items because the cost of each item may be lower for their business. So in that regard the amount of capital that you need is going to be dependent on what type of business you own.

However, in terms of a time period, how much capital do you think is needed in order to start a business? In my opinion starting of a business is always a slow venture as you build up your customer base, and they always initial capital investment such up to pay off before you can start earning a profit. Therefore, I think that when you start a business you should have at least six to eight months worth of capital that can give you going through all this time in order to cover your operating costs and possible losses through this time.

What do you think will be a suitable time period that you should account for when starting up your own business?

A business capital is very important, it is even the most important factor that aids the setup of the business. Concerning the amount of time needed, I think the business time should take a gradual process and mustn't be. Hastened