I know its a very specific question which can have several facets , but look at it from a general business perspective and then share your thoughts ..
What kind of money would you invest in a first time business of your own? Would you have a ball park amount in mind? what will you do , if the actual requirement crossed the initial amount you had in mind?
I have done 2 successful business ventures, too bad profit did not reach me
But my theory worked.
Rather then running after some one else ideas, And put money in some thing which some one else has created for me. I rather experiment my self in some thing which interests me.
At this point I want to find a more moderate spot temperature wise, and grow things even in winter using extended season farming. Like putting covering over fields and grow stuff.
Or some kind of live stock.
I would go for some thing in which making money involved my learing, money would just set the stage.
You know what I mean ?
I know its a very specific question which can have several facets , but look at it from a general business perspective and then share your thoughts ..
What kind of money would you invest in a first time business of your own? Would you have a ball park amount in mind? what will you do , if the actual requirement crossed the initial amount you had in mind?
One should make a thorough business plan with a realistic return on investment ROI, plus have some Idea what the market for your product is! then you will have an idea how much Capital will be needed plus add in a contingency plan.
if your actual expense crossed over the initial estimate you will need to convince a bank to loan you the money to keep the business going until you have positive cash flow!
No funding for you. The funds will be provided by the confused masses, none of which will be set aside for you. The last thing this new venture needs is additional confusion being injected I to the translation process.