How much cash reserve should a$$ start$-$up have?

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Part $1$

A$.$

at least half the$$ start$-$up costs

B$.$

about$$ one$-$third of expected profits

C$.$

about the amount of expected$$ first$-$year billings

D$.$

at least$$ two$-$thirds of overall expenses

E$.$

no more than $10$ percent of$$ start$-$up costs is necessary