Do not ignore the Business Capital

raaman

Valued Contributor
Every business, whether small or big, requires capital. Business capital is the most important thing that drives a business, so the main thing in any business is not to ignore the business capital.

When you start any business, business capital should be separated from the personal money and the business profits. It is best to create two different bank accounts between business money and personal money.

Business expenses should always be properly recorded in the books of accounts and the balance sheet, and when the business has grown, it is best to hire an accountant to take care of the business money.
 

Bookwormlux

Valued Contributor
Some individuals just go ahead to venture into a business simply because they believe it is profitable and has got a lot of potentials that would enable them to make money fast, but they do not do a research to find out how much capital would be enough for them to invest and enjoy the business as they should.
This is why their business do not seem to stand the true test of time. Just some months after they started, the business has already run into losses in a way that they cannot help by reinvesting due to lack of cash.

Capital is the foundation upon which different businesses stand on. If your money is not enough to fund a particular business, look for an alternative to avoid wasting time and money.
 

Joseph555

New member
Anyone that ignores business capital is a big time joker who is not ready to do business, as in , how on Earth do you wish to start a business without having a capital?
Business that suffers initial capital will likely be out of existence in no distance time, therefore, capital is necessity that can't be avoided.
 

Seyesystem

Active member
For every business capital is very important because capital is what the business is most especially the working capital without capital they cannot be business and for a business to be successful there must be enough capital. There is always a saying that business is business and the business must be separated from it's owner. There is a business concept which is called business entity which states that a business is different from its owner and can be Sue. So when you are doing business you have to separate your personal money from the business capital business capital is meant for running the day today activities of the business which are not meant to be touched. Most business failed because of inability two separate personal money from the business capital which they find it difficult to be accountable. A business owner must be accountable he must take the stock at the end of the week or months doing this we make the business to give accurate accountability of the event of transaction that took place.
 
Top