This describes the financial wealth owned by a person or business. Without capital, it is almost impossible to get a business off the ground, which is why many people turn to lenders to raise the capital to get started.
For example…
Your business capital may come from your own savings, from a bank loan or from an investor in return for a percentage of ownership in the business. Some entrepreneurs also use crowdfunding which is when a campaign is launched to ask thousands of people to contribute a small amount of money to back the entrepreneurs new venture.
