Firstly the business of your choice will determine the amount of the capital you'll budget and secondly the time needed is a thing of conviction, you can let go and just cling to it. It depends on you.
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I noticed this type of question whenever I want to fill any business grant form. I realized that the reason for such a question is to know how serious you are with your business. As a business owner you need to devote your time and attention to your business just like you would for a white collar job.Yes it depends upon your business. But initially large amount of capitals required to start new business. If you deposit much capitals, it will come back or retained after a short time if you pay intentions or keep fully focus on it. You should enhance your business in that case .
In starting a business, no amount of money is too small but it depend on which type of business you bar trying to create, but starting a business need a lot of dedication.I starting a new business needed time dedication by the entrepreneur because that is the only way he can assess his performance in dealing with his customers.
We have diverse of business and investments out there , but you must have money you start, and the money required for starting a business depends on how large the business is,The amount of capital depends on the kind of business you want to start. Remember you'd need also promotional material and also atleast a 3 months salary for the employees if it's a bigger business.
You need a good morning and enough capital to start up a business when you want to meet up with time how was it all depends on the kind of business you are starting up most business can be started fast while other business needs gradual process.The quantifying of time in terms of money depends on the business and what you want to acheive in the long run.If you want to grow fast then,you need to put in a substantial amount of quality time into the business inorder to make it stabilise.And it would mean you spending close to eight to ten hours in a day doing monitoring and research as well.
As much as business requires fund to establish and run, it also requires time. If you're into business and are very serious about it, you will have to take it as a normal white collar job which you from 8am to 4pm daily at leat at the initial stage of the business.Depends on the kind of business that I want to start, depending the kind of business I wish to venture into required the amount of capital to spend on the business, your capital determine the kind of business you want to start with.