Tight Start-Up Capital

This can be the place that many entrepreneurs and new small business owners arrive at their first hurdle or roadblock. Without the adequate amount of start-up capital a business can struggle right from the beginning. If all the owners/members or shareholders can think about is raising more money for expenses or growth it will take much time away from other important duties. The resources for start-up should be found well before a business starts, not after it's already operating.

Obviously that first thing that needs to be determined is how much you will need. Most business start-ups estimate low so that there will be less pressure to raise funds from outside sources. But going back to the well for more money is even more difficult. A good rule of thumb is to honestly figure what you think you will need and add about 25% to that answer. Keeping a small reserve for unexpected expenses will make your new business get off to an easier start.
More starT-up capital ideas in my upcoming book "The Smart Guide to Business Start-ups"