August 2018
Beginner
464 pages
12h 52m
English
Content preview from Small Business For Dummies, 5th Edition
Become an O’Reilly member and get unlimited access to this title plus top books and audiobooks from O’Reilly and nearly 200 top publishers, thousands of courses curated by job role, 150+ live events each month,
O’Reilly covers everything we've got, with content to help us build a world-class technology community, upgrade the capabilities and competencies of our teams, and improve overall team performance as well as their engagement.I wanted to learn C and C++, but it didn't click for me until I picked up an O'Reilly book. When I went on the O’Reilly platform, I was astonished to find all the books there, plus live events and sandboxes so you could play around with the technology.I’ve been on the O’Reilly platform for more than eight years. I use a couple of learning platforms, but I'm on O'Reilly more than anybody else. When you're there, you start learning. I'm never disappointed.I'm always learning. So when I got on to O'Reilly, I was like a kid in a candy store. There are playlists. There are answers. There's on-demand training. It's worth its weight in gold, in terms of what it allows me to do.
Chapter 5
Making Financing, Ownership, and Organizational Decisions
IN THIS CHAPTER
Figuring out how much money you need to launch your business
Deciding how and where to finance your business
Considering your ownership options
Selecting the legal entity that works best for you
After you discover where you want to go with your small business and commit to the journey, you need to begin making some important decisions about how you’re going to reach your goals. In this chapter, we help you estimate how much cash you need to get started, where you can expect to obtain that money, whether you want to set out on your own or with others, and what kind of business entity you need to get you where you want to go.
Determining Your Start-Up Cash Needs
Before you determine where you’re going to get your start-up funds, you need to understand that your business’s initial cash requirements include not only one-time start-up costs but also working capital and a reserve. Here’s what these requirements mean:
- One-time start-up costs:Start-up costs include such one-time expenses as legal fees, ...
Become an O’Reilly member and get unlimited access to this title plus top books and audiobooks from O’Reilly and nearly 200 top publishers, thousands of courses curated by job role, 150+ live events each month,
and much more.
Read now
Unlock full access
More than 5,000 organizations count on O’Reilly
O’Reilly covers everything we've got, with content to help us build a world-class technology community, upgrade the capabilities and competencies of our teams, and improve overall team performance as well as their engagement.Julian F.
I wanted to learn C and C++, but it didn't click for me until I picked up an O'Reilly book. When I went on the O’Reilly platform, I was astonished to find all the books there, plus live events and sandboxes so you could play around with the technology.Addison B.
I’ve been on the O’Reilly platform for more than eight years. I use a couple of learning platforms, but I'm on O'Reilly more than anybody else. When you're there, you start learning. I'm never disappointed.Amir M.
I'm always learning. So when I got on to O'Reilly, I was like a kid in a candy store. There are playlists. There are answers. There's on-demand training. It's worth its weight in gold, in terms of what it allows me to do.