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katieand
02-22-2019
02:40 PM
Did you know that most small businesses start with less than this amount of money?
58% of small businesses start out with less than $25,000. CNBC shared Kabbage’s recent research, saying that for most aspiring small business owners “a small cash pot and the right attitude can get you on the right track.” A third of folks got started with less than $5,000.
Accounting, online retail, construction and landscaping are some of the businesses that need the least amount of capital to launch. 40% of business owners in these fields reported using $5,000 or less during their first six months.
Do you have any advice on how to get started? What was the best advice you received in the first 6 months of your business’s start?
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