The most critical phase is the duration and quantum of cash losses that are incurred till such time that the venture reaches its break-even level. The entrepreneur should ensure to tie up funds for...

The most critical phase is the duration and quantum of cash losses that are incurred till such time that the venture reaches its break-even level. The entrepreneur should ensure to tie up funds for all productive purposes and to meet cash losses in the initial phase of the business. What could be the key sources for funding cash losses and how can the magnitude of cash losses be minimized during the initial phase of business?