write short note on problem of capital?
Answers
Capital is the base of any business, specially that of start ups. Gaining capital can be one of the most challenging tasks for budding entrepreneurs whoa are looking to start their own businesses.
This is because gaining of the substantial amount of capital often required needs investors to come on boaerd with the entrepreneurs.
The only solution to the problem is careful and detailed management of the capital available, thus making sure that the capital is being used in an efficient manner.
Furthermore attracting investors with innovative ideas is another attractive way of gaining capital.
Answer:
Capital is the base money needed to start up any business.
Explanation:
Capital is the first most important thing to start up any business. Without capital, it is impossible to start any business. Collecting capital is one of the most challenging tasks for the new entrepreneurs because hardly any investor gets ready to invest on a budding entrepreneur aa there lies a great risk, whether the business will be successful or not.
To manage the problem of capital, a few steps can be followed -
- One should carefully manage the available capital.
- The available capital should be used in an efficient way so that not a single penny gets wasted.
- Budding entrepreneurs should attract investors with their innovative ideas.
- One should take a loan with a less interest rate.