Which of the following statements is TRUE about startup capital?

Startup capital is the money you invest in the form of supplies, marketing, legal services, and other investments to get your business up and running.
Startup capital is the money you spend in order to create a balanced budget for your personal finances.
Both A and B

Answer :

The startup capital is money you invest in the form of supplies and is money you spend in order you create a balanced budget. Thus both A and B are correct.

What is a startup capital ?

The startup capital is money a business owners needs to create  a new startup company. This helps the business to meet the initial costs. It an important process of starting a new business.

The startup capital is thus relate to paying initial hires, obtaining office space, inventory, researches and market testing.

Find out  more information about the startup capital.

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