Seeking Cash injection, Capital or Start Up funds?
This point is the at the peak of your seriousness. You seeking the capital means you have crossed the threshold of dreaming a dream but making it.
You might have options like savings you have in the bank, investment from friends or even micro financing. Whichever avenue you choose, applaud yourself. You carry your business. It’s your infant and you must care it for it to grow.
So yes, Capital is important. Our independent survey administrator puts it this way:
“A business cannot be started without cash and based on the plans you have outlined you can get a general idea of how much is it that you will need. If you are in position to fund your own business that is an asset, however, most persons go the routine of having a financial institution assisting them with funding. In considering money ensure that you do your calculations to ensure loans can be paid without stress.”
From PFSL: “Your partner in Finance”