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Funding a business
Which is the best source of monetary capital to start up a business?
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[QUOTE="TOZZIBLINKZ, post: 222503, member: 37528"] [I] a lot of people who have good business ideas are faced with the challenge of not having sufficient capital or not even having capital at all and so their business ideas just remain ideas because of this problem . Personally I would say the best source of capital someone can use to fund an offline business is the capital he accumulated either by saving , or income earned from working on online websites and jobs . But in some regions especially in developing countries who are normally faced with poor economic and political stability which affect the people's ability to save and accumulate wealth . and so individuals residing in regions like this have no other choice than to seek loan from the bank , or from friends , and relatives . Seekingloan from Friends bank and relative is actually not a bad idea in fact a lot of people today have successfully fund their business from money they receive from others . But it is important we point out the riskiness in collecting a loan to establish your business . one thing we must understand about collecting alone is that we must have an alternative in case our business establishment do not go as planned . [/I] [/QUOTE]
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Funding a business
Which is the best source of monetary capital to start up a business?
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