Ask How much capital does one need to start a tech company?

kayode10

Platinum
DOLLAR$
$1,315
The amount of capital needed to start a tech company depends on your business model. For software or app development, you can start with minimal funds if you have the skills to do the code yourself. You might only need to cover hosting, basic marketing, and tools this could be as low as $1,000 for the minimal. You need to know that hardware-based tech businesses or those requiring specialized equipment usually need more significant investment. A good way to reduce costs is by starting with a Minimum Viable Product (MVP) and bootstrapping with investor funds. It is very important to go Crowdfunding or pitching to investors can also help. What type of tech business are you planning? Let’s discuss
 
Back
Top