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[Razor1911]

The online business is booming. But in contrary, the local market is getting severely hit. Though the market is showing some sign of improvement, but still it will take time before it recover fully from Its lows.

To start a business after the pandemic, what should be your perfect amount of investment? I think for any small scale business, 5000 USD equivalent money will be sufficient. Though I know, that will mostly vary according to the country's inflation rate.

 

[Usman ameen]

The catering market in the United States is worth several billion dollars, and as one of the fastest-growing sectors of the food and beverage industry, it has excellent potential for people looking to launch a small business with little initial investment.

This article will examine the profits, salary, and wages of catering businesses to see how much money can actually be made in this sector. Secondly, we'll look at a few of the characteristics that set highly successful players apart from amateurs.

Is it possible to make $100,000 a year in catering?

Many people believe that a $100,000 pre-tax salary or profit is the standard for success, and they ponder whether they would be able to make this much money in the long run.

 

[Kennysplash]

Yeah, it takes sitting down and having to consider everything to come up with the perfect amount. It helps a lot to have a pad and pen to write on so that you can remember everything. The give an average value, not a constant one as things may not be as you approximated..

It is advised to have a book where you document all of your journeys as a business owner, so you can have something to make reference to later. When you write them down it makes it easy for you to see different aspects.

 

[Flower]

That is right. There is no perfect amount really to start a business. You ought to assess your country's economy and the

The amount that is needed to invest in a particular business is solely dependent on the size of the business and the type of business that you will establish. There is no fixed amount for different types of businesses.

 

[Player1]

Personally there is no perfect amount to start up a small business, cause what i might consider as the perfect amount to startup a small business might be too big for the next person or in some case too small for the next person to pay easily.

 

[Wisdom01]

Personally there is no perfect amount to start up a small business, cause what i might consider as the perfect amount to startup a small business might be too big for the next person or in some case too small for the next person to pay easily.

There is truly no perfect money to start a business , I think there are some business person that really spends less than thousands to start and some spends hundreds of dollars , having the idea of what is been stared is the first step

 

[Gamer01]

You are right the minimum amount needed to start a buisness successfully can vary for person to person some may have more than it and some may have nothing at all so there is an income discrepancy which is always possible between different people indeed .

 

[Skysaint]

Personally there is no perfect amount to start up a small business, cause what i might consider as the perfect amount to startup a small business might be too big for the next person or in some case too small for the next person to pay easily.

You're right about this mate. There's no perfect amount for starting up a small business because the idea of small business could differ from person to another. There wasn't even a particular business niche mentioned which makes it more difficult to say an amount enough to establish all business.

 

[Wisdom01]

There is actually no perfect money , you could start with any amount of Money , the first thing that should be considered is actually the idea and capital , you could start with a huge capital and lose everything without a good idea

 

[Gamer01]

You are right the idea is an important thing in which success of anything depends upon if your idea fails out then your business willnot survive much longer on money basee support.

 

[Usman ameen]

Making money online isn't a very difficult operation but it need some qualities:-

• Patience:- no doubt that this micro jobs give you money put if you be patient while doing it.

• Attendance:- many people are not very interested about what they do so as a result they will lose a lot (time, effort... ).

• Discipline:- the job which you are going to do has been written to be done with high efficiency and accuracy to establish a good name in this field.

 

[Gamer01]

You are right without these set of qualities we can not expect to be successful in any field of life instead we will just always be working for others but if we have patience will open a business always indeed actually .

 

[IB DD]

There is no such thing as a general amount of money that is considered perfect to start a small business. It all depends on the kind of small business you want to start. Some small businesses require much more capital than others. I started my small poultry farm with about $100 being that I had the poultry house given to me by my parents and water already installed in the compound. But without these two facilities in place, to start a poultry farm at the capacity of 100 birds might take up to $1000.

 

[Flower]

The amount to invest in a new business would vary depending on the type of business and the expectations of the business owners or probably the projected goal of the business.

 

[Wisdom01]

The amount to invest in a new business would vary depending on the type of business and the expectations of the business owners or probably the projected goal of the business.

Yeah the amount to invest would vary on the type of business ,this should be looked upon ,I think there are some people that have invested in a particular business and they have gotten that expectations

 

[Bolajimi]

Apart from the country's situation, the type of 'small business' also matters. Some businesses may require way less than the amount you quoted and some higher.

At the same time, some businesses may be looking small that we will think the amount of money we will use to start them will be small but at the end of the day, we will see that we need a lot of money for it

 

[Japhnet]

There's no one-size-fits-all answer to this question, as the perfect amount to start a small business will vary depending on the type of business you're starting and your individual circumstances. In general, it's recommended to have at least six months' worth of living expenses saved up before starting a business, to give you a buffer in case things don't go as planned.

 

[Kennysplash]

It all depends on the kind of business that you want to do. But since it is a small business we can say that the funds will not be much compared to big and medium sized business. So it is based on the sort of business.

 

[Crystal247]

Amount determination base on your business protocols, the kind of business you want to start, is going to need shop or office before running, how is it going to run.!
So from there you can imagine the amount to start with.

 

[Skylark]

There is no one-size-fits-all answer to this question, as the perfect amount to start a small business will vary depending on the type of business you're starting and your individual circumstances. However, a good rule of thumb is to have enough money saved up to cover at least 6 months of expenses.

 

[Wisdom01]

There is no one-size-fits-all answer to this question, as the perfect amount to start a small business will vary depending on the type of business you're starting and your individual circumstances. However, a good rule of thumb is to have enough money saved up to cover at least 6 months of expenses.

having extra funds for unexpected expenses or a slow start is always a good idea when starting a small business. It's also important to consider whether you will need to take out loans or secure outside funding, and factor that into your initial budget planning.