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Business strategy
Effects of financing business with credit facilities.
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[QUOTE="Bookwormlux, post: 77572, member: 25193"] The most important factor is that which you have already stated. The best option when it comes to starting a business from scratch is to manage the little resources at your disposal, hopefully as time goes on, you would be able to meet up and expand your business to any extent you may want to. But taking a loan could be really tempting, it makes you start the business on a rosy ground and you may not even have the motivation to put in good effort, because you did not suffer to get the money. Taking a loan to start a business without an alternative plan of repaying the loan is not a good decision. [/QUOTE]
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