- Calculating how much initial capital you’ll need to get your business off to a strong start
- Ongoing versus initial costs, saving money at the outset, and more
- Visit our Information Library to learn more
Determining how much money you need to start a business is a crucial step when planning an enterprise. This process can help you make a stronger case to lenders, and also ensures that you won’t run short on cash.
In a recently updated Information Library article, we look at the process involved in calculating your startup financial needs. These include weighing initial and ongoing costs, how many months’ of operating capital is recommended, and how you can save money at the outset.
To read the article, click here.