Deliverable Length: 4-5 paragraphs
For this assignment, you must write 4 – 6 paragraphs about the capital budget items needed for a start up organization/company. You must answer the following questions:
- Define Capital.
- In budgeting for a new business, what capital budget items must be purchased?
- Identify and explain at least six (6) capital budget items.
- How much time do you think is needed in order to pay off the investment (capital) and gain a return.
- Why is it important for the business to separate capital budgets from expense budgets?