How can I start a business

[Stardom22]

With this trying times where money has become a very scarce resources. Can someone use loan money to start a business

 

[Asfa]

Yes u can take loan but if you think that you have a proper command on some thing that you are going to start a business with then you can forwarded with the idea of business and secondly if you think that you have a managing force of people to work with you or even if you want to earn alone and get profited so you can take loan

 

[Starmix]

With this trying times where money has become a very scarce resources. Can someone use loan money to start a business

You can apply a bank loan, but take note of the interest and the charges if failed to pay a single month. The more if file a loan in a lending company. Better borrow money to your friends and relatives.

 

[Hate2Wait]

There is no problem and yes we can start our business through loan money too as not everyone is able to pay for it from their own savings and it will be risky too so better to secure a loan for this and we need to focus on business and should pay the EMi on time

 

[Shavkat]

Lending money is one of the course of actions of people to have some amount of money. But then, I felt bad if they cannot able to pay back on time.

 

[flower]

There are a lot of challenges in starting up a business and this is what everyone should understand but once you are able to become this then you are going to be more confident.

 

[eldavis]

I wont advice you to use loan for a business startup though. Why not get a side hustle? Am pretty sure you already know the business you want to start, you can start working under someone to save up the needed capital for the business, or get a side hustle to gather the money needed for the business.

 

[Reedex]

Before you can make make an attempt to start a business you must first write out the plans.

 

[Springtime]

Getting a loan for a start-up is not easy. You need collateral to borrow money from banks or other financial institutions. If I start a business, I would use part of my personal savings, and try to apply for government funding. Their interest rate is lower and they can introduce business mentors and investors to you.

 

[Joel]

We can always start a our desired type of businesses in places where the market gap and the availability of the market of the preferred business. However starting your own business can be somehow tricky.

 

[Bisolami]

With this trying times where money has become a very scarce resources. Can someone use loan money to start a business

Anybody can do anything he likes. Anyone can start a business with a loan but it is not advisable to do so

 

[Reedex]

Anybody can do anything he likes. Anyone can start a business with a loan but it is not advisable to do so

It is important to gain relevant experience about a business before starting up.

 

[Bisolami]

It is important to gain relevant experience about a business before starting up.

This is why some people always go for some training before they decide to stand on their own

 

[cherry123]

starting a business need you to form the business idea. you need to know the kind of business you need. then think of how you have to manage it as well.

 

[Heatman]

With this trying times where money has become a very scarce resources. Can someone use loan money to start a business

First of all you have to work on getting a business idea and then go into planning on that particular business idea, before you work on getting the capital to actually start the business.

 

[Bisolami]

starting a business need you to form the business idea. you need to know the kind of business you need. then think of how you have to manage it as well.

And you need to get the idea from something that you love. That is where idea comes from