... need, but it is far more common for new start-ups to foolishly scrimp on these important team members.12 Building Your TeamSTEP 4: FINANCING YOUR BUSINESS (This information will help you ... required for your type of business: For start-ups, initial inventory in $ amount; after start -up, express in number of days, sales, or turnover.7. Determine how fast you must pay your vendors. ... on: The amount you need and how it will be used. Your personal nancial condition. Your collateral. Your ability to manage a business. Your determination, presentation skills, and ability...