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Business Ideas Forum
Funding a business
Does taking a loan to start a business end well?
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[QUOTE="Bard Racheal, post: 239914, member: 73553"] Anyone who embarks on a business, should have the capital of which he or she will build on for the business growth. Having the capital for a business start-up is what's has been a setback for most business inclined aspirants. But, if you do not have the capital of your own to start up, you won't be able to go on a progressive frequency you will definitely halt. When it comes to taking loans to start up a business, (lol) this point is like a hook that is ever ready to hijack a big fish. How? Do not let taking loan to start a business ever cross your mind. Because, the odds are unpredictable. No one knows what may transpire after you've taken that loan, and have started already to materialize. One or two ills may happen that will warrant you giving excuses on how you couldn't make it to pay back the loan at the set time, the time you and the other party fixed for the money to be refunded. And there is likely to be interest piling up for you, of which you should be able to cover it all up, I mean try to raise the money up through the business you've started up. Ouch. [/QUOTE]
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Funding a business
Does taking a loan to start a business end well?
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