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Starting business with loan is like a suicidal mission.
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[QUOTE="Sotherefore, post: 221335, member: 27033"] Not that it is a suicidal mission but sometimes you can just get a loan to start up a business and you succeed in the business , but at the same time it is quite possible for you to start up a business with a loan and not succeed in the business , that is why it is dangerous because if the business is not successful there is no how you could possibly raise back the money you have collected to pay . And as a result of this you might even be at risk of going to jail because when you are not able to pay back the loan you have collected the possibility of you being arrested will definitely be higher. I will agree to those two options you have just mention that anyone who is really interested to start up a business really have to work hards to raise the required money that is needed to establish this business fully. And also if a person can get support from his or her family members , the possibility of being at Risks will be limited at least your family members are trying to support you you and they may not likely arrest you if you are not able to make it in the business [/QUOTE]
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Starting business with loan is like a suicidal mission.
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