Starting a business with a loan

Stardom22

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It depends on the type of the business itself that is started using the loan capital. Some higher profit margin based like hardware business, packaging materials business among others can survive very well with loaned capital.
 
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Starmix

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Once start a business with a loan, your thinking is focused on the loan and not on your business. It is good to start with our own money because we can adjust our actions and can rest well.
 

nomad

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It is better to start small instead of getting a loan. You will have to start paying a loan long before you can actually generate sales.
 

cherry123

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For a starter it is not good to start a business through a loan unless you already have an established business to just add the money to your business operation.
 
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