Q: HOW DO EXISTING BUSINESSES FINANCE EXPANSION?
A: Existing
businesses use similar financing vehicles as startups to finance expansion.
Personal savings are the most common source of expansion finance, followed by
reinvestment of business profits.
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Q: HOW
MUCH CAPITAL DO STARTUPS NEED?
A: Small
businesses’ startup capital needs vary, and employer firms tend to use more
than nonemployers. More than 43% of employer firms used over $25,000 in startup
capital compared to only 12% of nonemployer firms.
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