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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="Sotherefore, post: 223141, member: 27033"] There are different ways people can raise the needed money to start up a business but most of the time some entrepreneurs sometimes do not have the understanding that they can effectively start up the type of business they are interested with their own personal capital . Some business does not even require you to have up to the needed capital to start it , it is just something you have to start it up with the little capital you have , from there you can grow it to the standard you expected it to be . A lot of people will prefer to borrow money to start their business , well to their understanding they believe that if they can get money from people to start up a business that they will be able to pay back the money if the business is successful. But the question here is that , what if the business is not successful how will they pay back the money they have collected ? To me borrowing of money to start a business is not the best option but people should try as much as possible to raise the money they need to start up a business or possibly source for grant somewhere. [/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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