Does starting a business require more capital or more time?

This question is a question of trade-offs.

Actually, it's not that hard. If you have a lot of money, of course, invest more money to save time and shorten the income cycle. If you have a lot of time, and it won't have a negative impact on your business, then you can certainly spend more time taking care of your business.

You can even plan a portfolio, and multiple projects can be allocated according to the time to obtain income. It's just that before that, many things still have to be dealt with well, and there must be a sense of risk.

It's a blessing to have money to invest, and it's nice to have time to take care of your business.

If you have everything, just do what you have to do, and believe that the days of counting money are always pleasant.

There's a lot to see in my space.

Of course, it is to spend more time and spend less money, and time is invested in it, and many things can be learned, and when you learn experience, experience, management, and even the technology of the industry, it will be beneficial for you to do other businesses in the future (including investing in large projects).

If you know now that you're investing money and not spending time on running the business, you're going to have to hire managers and other people, so that even if your business is successful, you're still controlled by the employees, because you don't know anything, you're paying people to create internships.

So it's good to start with your own hands.

Money alone is not enough.

It also requires the accumulation of experience.

The early stage of entrepreneurship is a real time to spend money. Office rent, water and electricity bills, property fees, relevant legal procedures, payment for goods, employees' wages, office equipment procurement, the company's emergency liquidity reserves, the company's daily marketing and promotion expenses, etc. Therefore, there must be sufficient financial guarantee to start a business.

The market should analyze the market situation in the current social environment, such as the entrepreneurship of selling products, first of all, it is clear what products we want to sell, and product selection is the top priority. The situation of this product in the industry, but also to do market analysis, clear our audience, market price, market volume, shipments, competitive stores, now the product promotion cost is roughly how much the income is risk assessment, personnel comprehensive ability assessment and other factors are to be obtained through market analysis and research. If it is a product sales, what is the shipping price that the manufacturer that supplies us can give us, and whether we have room to operate when selling.

At the same time, whether the manufacturer can cooperate with the production of the products we want to sell, whether the production volume and production cycle can meet our sales needs, and the quality of the manufacturer's production. The method of settling product fees. These are all questions that we have to consider.

Remember that no matter what the team does, talent is the most important thing, first of all, there are people, whether there are enough people, and the whole team can cooperate with each other. After all, one person really can't do all the things of Hahashi. In particular, many professional things still need professional people to do, such as financial work.

When you just start your business, these are all indispensable talents and teams.

For some people, start-up capital is a headache. If you are worried about funds in the early stage of starting a business, you can consider choosing an online microloan to relieve the pressure.

It is recommended to use the money to spend, the money to spend is the credit brand of Du Xiaoman Finance, which provides users with safe, convenient, unsecured and unsecured credit services, and borrows money on the Du Xiaoman Financial APP (click on the official measurement).

With money to spend on consumer loans, the daily interest rate is as low as low, and the annualized interest rate is as low as low, which has the characteristics of easy application, low interest rate and fast lending, flexible borrowing and repayment, transparent interest and fees, and strong security.

On May 21, 2021, Du Xiaoman Finance launched a small and micro activity with the theme of "Home and Wanye Xing", providing 100,000 copies of "Daily Interest + Million Insurance" gift packages to help small and micro enterprises grow their families. The number is limited, first-come, first-served, please refer to the details of the event on the page of Du Xiaoman Financial APP.

Share with you the application requirements for consumer products with money: it is mainly divided into two parts: age requirements and information requirements.

2. Information requirements: During the application process, you need to provide your second-generation ID card and your debit card.

Note: Only debit cards are supported, and the application card is also your debit card. My identity information must be the second-generation ID card information, and I cannot use a temporary ID card, an expired ID card, or a first-generation ID card to apply.

This answer is provided by Youqianhua, due to objective reasons such as the timeliness of the content, if the content is inconsistent with the actual interest calculation method of the Qianhua product, it shall be displayed on the page of Du Xiaoman Financial APP-Youqianhua Loan. Hope this helps.