What term refers to the financial resources needed to start and maintain a business?

The term that refers to the financial resources needed to start and maintain a business is investment capital. This encompasses the funds required to cover initial expenses such as equipment, inventory, and operational costs, as well as ongoing expenses necessary for the business to function. Investment capital can come from various sources, including personal savings, loans, or investments from venture capitalists or angel investors.

Having sufficient investment capital is crucial as it ensures that a business can sustain operations, grow, and navigate any unforeseen financial challenges. The successful allocation and management of this capital can significantly impact a business's ability to succeed in a competitive market.

In contrast, human resources relate to the personnel that work for the company, leadership describes the skill set and qualities necessary to guide and inspire an organization, and management refers to the processes of planning, organizing, and overseeing the operations within a business. While all these elements are essential for a business's overall success, they do not directly pertain to the financial resources necessary to start and maintain the venture.