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Is it advisable to begin a business with loaned capital
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[QUOTE="Augusta, post: 268802, member: 25283"] I am one person that don't advise anyone to start a business eith a loan because of the high interest rate and maybe the repayment period which is most times is short. But aside that you can start a business with a loan but you should be sure that you can handle the issues that comes with starting the business with a loan. But if you would not be able then you should avoid starting your business with a loan because you might just fail in it and lose all the money. What you would be faced with will be more frustrating than when you even started the business. You wouldn't even think about doing the business no more, you would he thinking how you would be able to pay back your loans. You see your dreams will be shifted from starting a business and succeeding at it to how you can pay back a loan. [/QUOTE]
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