Guest viewing is limited

Is business capital all about money?

King Belieal

Discussion Guru
Bronze Supporter
Literary Virtuoso
Registered Member
Joined
Oct 1, 2023
Messages
5,889
Reaction score
313
Trophy Points
5
Location
Nigeria
D Bucks
💵0.276705
Referral Credit
0
When people refer to business capital, it certainly always means the funds to start a business. It is always a specific amount they have earmarked as the minimum needed to start the business.

Does capital in the contexts of business mean money alone?
 
Of course not, capital does not only mean money, but capital can also be in the form of cash or non-cash, while non-cash is tangible and intangible, such as equipment, land, buildings, machines, even skills, experience and brands are also considered as intangible capital.
 
Of course not, capital does not only mean money, but capital can also be in the form of cash or non-cash, while non-cash is tangible and intangible, such as equipment, land, buildings, machines, even skills, experience and brands are also considered as intangible capital.
All of the various kinds of capital needs money to acquire right? Even intangible capital like skills require money to get.
 
All of the various kinds of capital needs money to acquire right? Even intangible capital like skills require money to get.
I just explained the term capital, according to generally accepted accounting, and how to record it in the balance sheet. So I just explained academically.
 
20,739Threads
149,659Messages
474Members
Mistress4subLatest member
Top