STARTUP – A TYPE OF BUSINESS

TORNIKE KAKULIA

Doctor of Economics

E-mail: tornike@transload-geo.com

http://orcid.org/0000-0002-4319-1746

Abstract

A startup is a new financial project that aims to quickly recoup its investment and make a profit. Strap is a type of ordinary business, but there is a difference between the two. Startup is the initial stage of the business in which the idea is crucial. Investors invest their money in ideas. The goal of the investors is to help the company with their own knowledge to make successful sales of the project. The money earned is aimed at accelerating business growth and expanding scale. Statistically, 90% of startups are unsuccessful.

The article discusses the essence of a startup, its features and differences from a conventional business; Popular sources of startup growth funding; In general, the process of creating a startup; Causes of failure. The purpose of this article is to introduce beginners to how a startup can be started and what risks may come with it.