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Business Finance

Somosree Roy 190 Followers07 Dec

JNUite, reader, explorer and writer with economics backgroun

#personalfinance #financialfreedom #crypto #realestateinvest ...

Eyeing a small startup in 2023? Best time to start planning for business finance in December 2022

With Covid almost on the verge to spare us, we need to buckle up on a lot of impending planning, isn’t it? Ofcourse, not talking about you all who have been able to sail smooth through these last 2.5 years.

So, if you have had a startup plan which got deterred because of any possible reason, get going for it. Waiting will never help and one small action towards it will make the difference.

2023 will be the best time to launch considering economies and supporting business environments getting back to “normal”.

Fund raising will likely be conducive if you plan it in 2023 as Economic Times mention that 2022 has already been favorable. Those who planned in 2021 had a favorable experience this year.

As we just started with December 2022, this is the perfect time to do all the planning this month to be confident by the New Year’s Eve. Finance plays a major role when it comes to start-up and start listing down all that you possess and all that you need.

If self-financing is the option, make a crisp plan to put away the required finances as untouched and plan for all other expenses. If you are looking for investment, explore all the different kinds investors you can approach and their prerequisites.

Once you have that, its time to start making the business plan – the first step being a robust business model followed by MVP.

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