The amount needed to start a business enterprise is called ___
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The amount needed to start a business enterprise is called Ownership interest
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The answer is capital.
The amount needed to start a business enterprise is called capital.
- Capital is the most important requirement to erect a business establishment. Without a minimum capital, it is almost impossible to start a business.
- Capital refers to the initial investment required to set up a business. This capital is used in infrastructure, labor, promotion, and management of the business.
- Many banks offer loans to set up businesses in return for minimum interests.
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