Saturday, May 19, 2012

Do you have to have money to start a business? -

What are your suggestions?

You need to have, at the very least, enough money to cover the application fees to process your tax ID, etc.Other than that, I don t believe there is any law requiring that your business have money.But, if you re seriously starting a business, I d make notes on what sort of things you ll need to actually function. Equipment, space, services, etc.Make a list and figure out the costs for each thing.The smart thing to do would be to have several months worth of basic operating expenses saved up, as well as marketing expenses.In any case, stuff like this would be covered in your business plan.Write that up first and you ll get a clear picture of what you need.

it depends on the business.do you need a location for your business? supplies? etc..also if you start making a decent amount of money for tax purposes you d want to get a business license.. and a few other things.. you can goto your county clerks office and find out all the fees for that.

One of the cheapest ways to start a business is online.You can do it from home without office overheadsand you don t need staff at least to start with.

Almost always. If you have perfect credit and a good business plan this may not be the case.Also many types of businesses can be started on a showstring therefore not requiring much startup capital.

depends on what type of buziness YOUR refrring too !Any real world business YES YOU need lots of Money !An online business though very small money is needed !

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