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Business Plan Question re: seed funding

  • 19-09-2008 8:36pm
    #1
    Posts: 0


    I'm writing up a business plan and I have a question. For how long should I expect to be supporting the business and the wages of the employees? Am I meant to keep pumping money in for at least a year and then leave it to it? Or is 6 months what most people do? I suppose this comes down to how much capital the business has to begin with, but realistically, is there a general rule of thumb?


Comments

  • Registered Users, Registered Users 2 Posts: 3,423 ✭✭✭Avns1s


    Would depend on the business too.


  • Registered Users, Registered Users 2 Posts: 9,815 ✭✭✭antoinolachtnai


    The rule you hear kicked around is losses in the first year, break even second year, make money third year. However, it depends on the type of business.


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