What is the amount of startup capital required for most small businesses?

You will get different answers from different people: this question had very different responses in two surveys. A Wells Fargo Small Business Index survey stated that a small business owner required an average of $10,000 in startup capital. However, according to a survey by the Kauffman Firm, that number is closer to $80,000.

The most expensive financing is waiting for payment from those that owe you, as that is frequently supported by your own debt financing.   Marcadis Singer, PA are debt collection attorneys in Florida.  If your small business needs help recovering debt from customers or clients that have not paid you, or from other businesses, call for a consultation.

 

We use cookies to give you the best online experience. By agreeing you accept the use of cookies in accordance with our cookie policy.

Share This