Alexandoy
VIP Contributor
The title mentions the term proper capital because there are many ways to put up capital. But the best is having the proper capital in your hand for the easy start up. The proper capital means you have enough money for the operation of the business for at least 3 months without revenue. The capital can take care of the overhead particularly the rental if you do not own the business place.
When your capital comes from a loan you can expect a rough sailing because of the obligation to pay the monthly installments. When your capital comes from the investors then you have a boss to answer to and you cannot just implement your own business style. When the capital it not sufficient for the first 3 months of operation then you have to be prepared for potential problems.
When your capital comes from a loan you can expect a rough sailing because of the obligation to pay the monthly installments. When your capital comes from the investors then you have a boss to answer to and you cannot just implement your own business style. When the capital it not sufficient for the first 3 months of operation then you have to be prepared for potential problems.