Starting a business with a loan

cherry123

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But what if starting the business with a loan gets you a higher profit margin? Whatbif that profit margin allowsnyoubtonreplay the loan in a short period and from then n the profit would solely belong to you? Wouldn't you take that chance?
Yeah I would always go with any chance that will bring me huge amount of profit even if with a loan
 
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Hate2Wait

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It's a thing which is different for every person as some dislike this Idea to get loan to start a business but its fine as long as you will be paying it back
 

Johnson2468

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What is your view on starting a business with a loan. I'm no advocate of this because of high interest rate. What do you think?
I also don't like take loan because of the interest. But if the owner of the business has done his or her research well to ensure that the profit is reasonable, then it is fine to collect a loan
 

cherry123

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I also don't like take loan because of the interest. But if the owner of the business has done his or her research well to ensure that the profit is reasonable, then it is fine to collect a loan
It is mostly good for business that are already in existence not freshly started threads.
 

eldavis

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When it comes to starting a business with loan, be it small or big, i am not really a big fan of it and would not advice anyone to do this. What if the business does not go as planned? How do you plan on paying the debt.
 

Bisolami

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When it comes to starting a business with loan, be it small or big, i am not really a big fan of it and would not advice anyone to do this. What if the business does not go as planned? How do you plan on paying the debt.
Even if it is small or big I'll not advise someone to start a business with loan but the person can take a loan after sometime
 

Mikky

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Even if loan will be required when starting a business it shouldn't be the whole capital, I think loaning about 30% of the capital is still safe.
 

Golden9

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If it's necessary to take loans for your business and you have a solid plan accompanied by the necessary experience to make enough money to pay back, you should take loans, otherwise, it's better to avoid it.
 
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