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Home
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Business Ideas Forum
Funding a business
Do you recommend taking loans to start a business?
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[QUOTE="Kingsley, post: 187538, member: 30278"] Starting up a business with loans might not be a very wise decision because at the infant stage of the business. The entrepreneur is yet to even understand his or her self let alone the frame work of the business and any little or major challenge that faces the business mug bring an end to the business. At thr infant stage the entrepreneur may lack the required experience to run the business effectively so it will be better to start accessing loans only when the entrepreneur has acquired some level of experience. So as to aviod gambling bank loans which may be later irrevocable by the business. [/QUOTE]
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Funding a business
Do you recommend taking loans to start a business?
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