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Things you should know before financially supporting a business.
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[QUOTE="Holicent, post: 267577, member: 76163"] When you're thinking about financially supporting a business, there are a few things you should know and observe so you don't end up in a situation that will not favour you. 1. You should have a clear idea of what you're getting into. 2. You should have a realistic expectation of the amount of money you're going to get back from your investment, and when that money is likely to be returned to you. 3. You should be aware of how much risk there is in your investment, and if it's something that is appropriate for your financial situation and goals (just because you can afford it doesn't mean it's right for you). 4. If the business is taking on debt, make sure they explain how they plan on paying it off in the future, and how they plan on keeping their business running while they do so (this might mean they're not able to meet their current obligations/pay bills). [/QUOTE]
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Things you should know before financially supporting a business.
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