what is fixed capital requirements
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Fixed capital requirements: In order to start the business, funds are required to purchase fixed assets like land and building, plant and machinery, and furniture and fixtures. This is known as the fixed capital requirements of the enterprise
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Fixed capital is the portion of total capital outlay of a business invested in physical assets.
such as factories, vehicles, and machinery that stay in the business almost permanently, or, more technically, for more than one accounting period.
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