Category FAQs Search : Start-up Businesses
Question: Definition of Start Up?
Answer: The term startup refers to a company in the first stages of operations. Startups are founded by one or more entrepreneurs who want to develop a product or service for which they believe there is demand. These companies generally start with high costs and limited revenue, which is why they look for capital from a variety of sources such as venture capitalists.
(Source: Pustaka Sarawak, 01 Dec 2020)
Source Link: https://www.investopedia.com/terms/s/startup.asp#:~:text=The%20term%20startup%20refers%20to,they%20believe%20there%20is%20demand.