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Funding a business
How to manage a business started with a loan
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[QUOTE="Mastergp, post: 266691, member: 85422"] Well many people do not agree with getting a loan because they are always afraid of what might result if they were unable to pay back what they borrow, many people usually have a second thought when it comes to borrowing money either at the bank or from friends and relative am also a victim of those that lost many valuable things due to loan but before one could go to get a loan he or she need to consider what he want to use that loan for, how valuable does he need a loan seeing how things are hard if the business he want to invest in would give him the money to back his loan he borrow. To manage a business started with a loan one need to slow down his spending rate that is what he buy or use his money for would prove that he want to succeed or want to pay back his debt. If he or she focus his mind on the loan it could cause fear or imagination or doubt on failure but he should act normal as if the loan didn't happen. [/QUOTE]
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