Tuesday, April 19, 2011

Start-up Budget

Start-up Budget

Investments

The start-up budget comprises all costs necessary to launch an activity.It includes spending related to capital and to the creation of the legal structure, but also all the expenses and investments essential for the opening of the premises, i.e. renovations, purchase of equipment and furniture, and guarantees paid to phone and electricity providers.

Contributions in cash and in kind

The entrepreneur and his partners have several possible ways to contribute to the capital: they may put money into the business thanks to personal loans, microloans, aids and grants. These are contributions in cash. The entrepreneur and his partners may also provide equipment: vehicles,materials, furniture, premises, etc. These are contributions in kind.

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