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Funding a business
How Much Did You Set Aside For Business And How Much Do You Still Keep Aside Presently?
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[QUOTE="Rachael, post: 225466, member: 68963"] A business cannot be set up without the availability of funding. No matter how lucrative or feasible a business idea could be, without a means of funding, the business would remain unrealistic. When I started my janitorial services, I started out on a very small scale and I purchased the necessary tools which would aid my work and also I made some flyers just so I could create an awareness for the business. I also utilized the social media most especially Facebook for further awareness and so far along the line, I have been able to purchase more tools which aids in making my work more easier and faster compared to the first equipment I had purchased when starting out newly. I started out alone but today, I partner with a friend. The job is really not easy as most times, we have to drastically lower the cost or charge of our services just so we could be picked for a contract and we end up incurring losses at the end of the day. Prior to when I set up the business although we have no office for now, I had set aside about $300 and this money went a long way despite the high cost of cleaning tools and materials and I kept about $50 for other miscellaneous like; transportation to customers houses or site to get the job done. How much did you keep aside for your business and how much do you keep incase of unforeseen situations? [/QUOTE]
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How Much Did You Set Aside For Business And How Much Do You Still Keep Aside Presently?
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