Kingsley
Valued Contributor
Today we see somany people coming up to say that they want to start a business but are been faced with financial challenges, they look eager and physically and ready to start the business. But the big question lies in the area of them having the technical know-how to manage the business even if they could possibly access the loan.
In some cases the start up manages or struggles to succeed but in many other cases the business dies a natural death due to lack of experience and technical know-how. And those tends to pose a lot of problems for the company that are issuing out this loan. As they may find it difficult to retrieve their money.
Looking at this what is your take?
In some cases the start up manages or struggles to succeed but in many other cases the business dies a natural death due to lack of experience and technical know-how. And those tends to pose a lot of problems for the company that are issuing out this loan. As they may find it difficult to retrieve their money.
Looking at this what is your take?