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Capital includes both money used to start the business and other credits from manufacturers, wholesalers and others. The two types of capital are working capital (operating) or (day to day running) and fixed capital, the owner must be able to raise enough of both if the business is to succeed. Capital needs will however vary according to size and business objectives. All in all successful businesses must have enough working capital, enough managerial competence and they must meet a need that exists in the community. Sources Of Business Funds In operating the business, one needs sufficient finance for the following:
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