No matter how small, business capital is still needed to be able to operate your business, the bigger the business, the greater the business capital needed to run the business smoothly. Even though your business is currently running, it will ...Read more
No matter how small, business capital is still needed to be able to operate your business, the bigger the business, the greater the business capital needed to run the business smoothly. Even though your business is currently running, it will still require additional capital.
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I must say that all businesss require capital because capital is needed to set up the business, use in acquiring assets, lease or to buy a physical space, and cover expenses like licenses, permits, and legal fees. Capital is also needed for operating expenses or to cover day-to-day operating activitRead more
I must say that all businesss require capital because capital is needed to set up the business, use in acquiring assets, lease or to buy a physical space, and cover expenses like licenses, permits, and legal fees.
Capital is also needed for operating expenses or to cover day-to-day operating activities like employee salaries, rent, utilities, raw materials, marketing, and even maintenance.
Furthermore, If a business grows and expand its operations, capital is needed to invest in new equipment, facilities, hiring more staff, and marketing campaigns.
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