Startup refers to a business entity that is usually focused on developing new products or services. Generally, startups are small businesses which are established to bring a creative and innovative product or service to the market. The founders usually have the purpose of creating something that would fill a need or provide a solution to a problem.
Startup businesses are usually funded by venture capital, Angel Investment or through government grants. This helps the startup to grow quickly and build a successful business.
Some of the resources that might help understand the concept of a startup more clearly are as follows:
• What is a Startup – Forbes
https://www.forbes.com/sites/jathrone/2012/09/18/what-is-a-startup/#1477ffd034c2
• The Anatomy of a Startup – Entrepreneur
https://www.entrepreneur.com/article/208032
• What Is the Definition of a Startup? – Investopedia
https://www.investopedia.com/articles/personal-finance/101614/definition-startup.asp
• Understand What Is a Startup Business – The Balance
https://www.thebalance.com/what-is-a-startup-business-3961068
