Business Finance and Arithmetic — Entrepreneurship STD 11 Commerce — Question
CBSE BoardEnglish MediumSTD 11 CommerceEntrepreneurshipBusiness Finance and Arithmetic3 Marks
Question
What do you mean by Startup Cost?
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Answer
Start-up cost is the cost which is incurred initially a business is started. It consists of expenses for.
Acquiring assets as well as.
For acquiring initial raw material and other related items of initial expenses, till such time the cash flow (i.e money coming in and money going out) from the business can provide for these. This part of the Start-up expenses is known as working capital. All these expenses occur from the time you start the planning and preparation (i.e. many months before the actual operation beginning).
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