Selling Fixed Asset to Start a Business

[nomad]

You need money to start a business. Would you sell your fixed assets (land, house, etc.) to fund your business if you do not have money but want to start a business any how?

 

[King Belieal]

I don't think that I can sell my real estate properties to start a business unless I receive double the value of the property.

 

[Shavkat]

I think it is one of the options to sell them. It can add to the startup capital.

 

[cherry123]

it depends on the type of assets. if it is an asset of no future value why not I can flip it easily to start a business

 

[Springtime]

I do not think that I would sell my apartment to start a business. That is too risky. If I do not have enough capital, I would apply for government's subsidy.

 

[Ratine]

For me l wouldn't sell my fixed assets over starting any business. I would rather take loans and use the assets as the loans guarantee.

 

[cherry123]

Yes I would sell my asset to start a business. That is how a lot of people started. . If I do not have enough capital, I would apply sell one of the assets to start off

 

[King Belieal]

I have been so many people do this and it works well for them. It is all about the kind of business you want to start and the expertise you have to make it succeed.

 

[cherry123]

it is not a bad idea to sell off an asset to start a business provided you are sure you are going thr long haul with the business then no issues

 

[Kera]

As long as you know that business would really pay you well, there is nothing wrong in selling your assets to start it.

 

[Stardom22]

For me l wouldn't sell my fixed assets over starting businesses in the matter of fact.

 

[King Belieal]

My friend sold a land to start a bet shop, and he has an estate now. The business boomed for him.

 

[cherry123]

Provided you know that the business would work out and really pay you well, there is nothing wrong in selling your assets to start it. just be sure before doing it

 

[Ratine]

For me l am not into that. However l have seen other people doing that but the end had not been so good.

 

[Sanjeev]

You need money to start a business. Would you sell your fixed assets (land, house, etc.) to fund your business if you do not have money but want to start a business any how?

It depends on the situation. If I will get good rates I will sell my property to invest money in the business.

 

[Kera]

There is a level that your asset appreciates to, selling it would give you enough money to start a business and get similar assets elsewhere. I would sell instantly.

 

[Stardom22]

There are some people that have really tried out that one and turned out very successful.

 

[Starmix]

It does not seem like a good idea to sell our fixed assets to gain business capital. That asset is already a business and can be a passive income. Better advertise renter of the asset like land.

 

[Ratine]

I think that sources of capital is very crucial and people should really be careful on making that decision.

 

[Fidelia]

If the fixed asset is useful to me, I won't think of selling it. I would think of passing it on.