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YASH GAUTAM
Startup team
Asked a question 2 years ago

How much money should someone have saved up before launching a business ?

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In StartupTalky you can ask and answer questions and share your experience with others!

Some require millions to launch. That’s why you must research and forecast what it will take to get your business up and running–plus fund your daily living expenses.

It takes time to build a business, set up a location, hire staff and attract a client and customer base. And during all of this, money is going out, not coming in. In most cases, you should double whatever you project you will need in time and money to start your business. The world isn’t waiting for your idea or business–it is doing just fine, thank you, without it. So it takes great persistence and resilience to have the world finally see you–and want to work with you.