After you have determined that you have a marketable product or service and there is an accessible market sufficient to meet your profit objectives, you want to know how much money you need to put up for the business. Oftentimes, the focus is on the fixed assets; e.g., office improvement, production & office equipment, furniture, etc. Not enough attention is paid to the Working Capital, i.e., what you need to actually operate.
If you do not put up enough money for Working Capital, you will be forced to incur debt or inordinately prolong accounts payable so that you get …read more

For any wannabe business –small and aspiring to be big– success lies in the intersection of three circles:

For any wannabe business –small and aspiring to be big– success lies in the intersection of three circles:

Other posts on this theme are at http://www.commonsensepr.com/2008/02/26/finding-the-wow-factor-in-business/