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Business strategy
Why getting a business loan could be a bad idea.
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[QUOTE="Etini, post: 332959, member: 90141"] I have been there and can tell first hand that it has always been a bad business idea to use loan for a business even when the business has been firmly established. You would not be able to innovate and explore the various possibilities that abound because one would be scared to make mistakes that would cause any financial implications which would affect the payback of the loan. And then, a peace of mind is necessary for a business person to innovate.wms grow a business. Loans take away that peace from you as you would always have the loan repayment to think of. [/QUOTE]
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Why getting a business loan could be a bad idea.
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