It differs from business to business. For example someone dealing in gold and silver will need a higher capital.
How much capital should a businessman first invest in a business?
- Thread starter Shavkat
- Start date
The type of business you'd like to start and the amount of money you are willing to invest in it are two key factors to take into consideration.
I always enter any new business with the minimum amount that one can do anything in the business. $100 is enough for one to enter a business with and test the waters.
It is always a very important thing to test the business strategy initially. This is Hy ot would be a better idea to invest something you can afford to lose initially before you invest a large sum of money.
